An Allied Marine yacht broker has filed a lawsuit against a client and Baglietto. He claims the two circumvented verbal agreements under which he would receive a commission. The lawsuit follows a related filing by the client. The owner requests a declaratory judgment that the broker is not due any commission from the megayacht purchase.
PHOTO: George Becker “There’s no more valuable asset than my time.” That comment by Matt Voorhees, the owner of the 171-foot (52-meter) Broadwater, had everyone buzzing at the U.S. Superyacht Association’s Superyacht Summit this month. The annual conference, which I have the pleasure of chairing, is hailed for being thought-provoking and engaging, but this took
A settlement has come in a yearlong struggle over who in a divorced couple rightfully owns a 377-foot (115-meter) megayacht. Dubai’s Court of Appeal ruled that Russian oil and gas magnate Farkhad Akhmedov owns Luna. It therefore overruled a lower court’s order to seize the megayacht and grant ownership to his ex-wife, Tatiana Akhmedova. Akhmedov
For fashion designer and yacht owner Robert Cavalli, Freedom is 88 feet (27 meters) of, well, freedom on the water. She’s further freedom of custom design and construction. Every corner, every curve from the pen of Tomasso Spadolini expresses Cavalli’s distinct personality, in a size rarely showcasing such diversity. The third fully custom project from
In seafaring tradition, the ringing of eight bells pays respect to a deceased sailor. It signifies that his or her “watch” is over. Several watches in the yachting industry ended this year—far too soon, at that. Indeed, while many a person’s passing leaves colleagues and admirers at a loss for words, 2018 seemed to hit
The wildfires in Southern California have destroyed thousands of homes and acres. The Woolsey Fire in particular has decimated the Malibu coast. One local resident who fought flames at his own property leaped into action to help fellow citizens, with his megayacht. He turned his Leight Star into an aid-delivery service, enlisting a boating—and surfing—brigade