The highest court in Dubai has ruled against the owner of Luna in a claim he filed against his ex-wife. It’s part of a years-long, ongoing battle over ownership of the megayacht. This latest Luna lawsuit alleged nine-figure damages, which the court declared “groundless.” Farkhad Akhmedov and Straight Establishment, an Akhmedov family trust and the
UPDATE, SEPTEMBER 21, 2020: The Italian courts have referred the lawsuit back to the British courts. The owner of My Song and Peters & May received the word following a hearing on September 10. Read on for our original article. The owner of My Song, which suffered irreparable damage last year after falling off
I’ve been following Jonathan Rothberg, the owner of Gene Machine, on Twitter for more than a year. Of the 1,500 tweets that has sent, one from March 7 of this year stopped me dead in my tracks. Pinned to the top of his feed, it reads, in part, “Thinking about a low cost, easy to
A long-running refit project intending to transform essentially every corner of an existing motoryacht has resulted in lawsuits. The refit of Anodyne was expected for completion in 2017. However, it remains unfinished, currently sitting in a South Florida shipyard. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. The refit
UPDATE, FEBRUARY 4, 2020: Unexpectedly, the judge who found Jaime Botin guilty of smuggling a painting out of Spain aboard his sailing superyacht has doubled the jail time. Now, Botin faces three years. Fines are higher, too, €91.7 million compared to the initial €52.4 million. Read on for our original article. Jaime Botin, the
Sultan Qaboos bin Said, who has held the throne of Oman since seizing it in 1970, turning his country into a global diplomatic player, died last week. Additionally an avid superyacht owner, the sultan was 79 years old. The Oman News Agency released an announcement last weekend. It did not mention his cause of death.