Privilege Yard Under Bankruptcy Auction

By order of an Italian court, the defunct Privilege Yard is up for auction. Equally notable, the long-stalled, partially constructed megayacht project P430 is available for bid, too. A Civitavecchia bankruptcy court is soliciting an opening bid of €9.4 million (approximately $11.6 million at press time) for the facilities. This follows two previous unsuccessful auctions Continue reading