Navigating contractual waters
Key insights from a commercial court ruling on a yacht design dispute
In the yachting and cruise industry it is not unusual for designers to start working for start-up companies and/or individuals who are in the process of developing their own project. It is common for these companies not to be incorporated at the outset or, even if they have been, for the founder to act as the owner of the project. The English High Court has recently decided a dispute (Winch Design Limited v Carl Le Souef & Somnio Superyachts Pty Limited ) between the developer of a residential yacht project and a designer, concerning unpaid invoices for design services.
Click here to read more.
分享文章
相关专业知识
相关文章
Post-delivery guarantees under the MYBA MOA: the one area where the Seller remains on the hook
Yachts & Superyachts
A familiar scene at the Monaco Yacht Show - and a commission question nobody has a clean answer to
Yachts & Superyachts
Criteria for choosing a ship’s flag from a financier’s perspective
Yachts & Superyachts
Building a superyacht? What your lender will really be looking at
Yachts & Superyachts