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Whether you are looking to buy, sell, design, own or crew a superyacht, our Guide to Superyacht Law will help you navigate your way through this complex area of the law, and we are delighted once again to share our knowledge and expertise with you.
Written by legal experts with more than 20 years’ experience in the superyacht sector who represent many of the industry’s leading builders, owners and designers and have advised on the leading cases involving the industry, our Guide covers almost everything you need to know at any stage in the process – from financing a superyacht and drafting design contracts, to safety and operational considerations, to resolving disputes if it all goes wrong.
When we published the fourth edition, the Brexit referendum and (spurred by the release of the Panama Papers) tax avoidance and alleged tax evasion were the issues making the headlines. Bolstered by protracted negotiations on the one hand, and the subsequent release of the Paradise Papers on the other, these topics continue to dominate the narrative both in the industry and the wider world.
At the time of going to press, there was no real certainty regarding Brexit, and the shape of the proposed transitional arrangements had yet to be sketched out, let alone honed in fine detail. Accordingly we anticipate issuing an update to the Guide – whether in the form of the sixth edition or as a standalone Brexit guide – at a later date when the transitional arrangements are officially agreed.
On the tax front, we have updated these pages to include numerous recent developments from across Europe. In the last edition, we noted that this industry had become the particular focus of policy-makers and politicians, and needed to respond by being transparent and ruthlessly professional in all its dealings. In the two years since this view was expressed, it has been – and continues to be – absolutely vindicated.
On the insurance front, questions are being asked in the market on how it treats yacht insurance.
More generally, the Guide to Superyacht Law has been refreshed and expanded to reflect the latest developments in case law and in best practice – the latter gleaned from our continued position front and centre in the superyacht industry.