In this inaugural episode of The Yacht Law Podcast, maritime attorney Michael Moore and journalist Diane Byrne discuss some of the most recent news from superyacht shipyards, then get into the details of what's crucial to keep in mind when building a superyacht.
In fact, as you'll learn, a lot can -- and does often -- go wrong when you're signing a contract to build a superyacht for the first time. Understand what's crucial to have in your contract, including delivery dates (left out more often than you might realize). Also discover who needs to be part of the conversation in finalizing the details of the contract. Finally, and especially important if you're working with a yacht broker, know under what circumstances a broker's commission is due. Here's a hint: The mere act of bringing a buyer and seller together means they've actually earned their commission.
Have a yacht law question? Email it to info@megayachtnews.com or michael@moore-and-co.com for your chance to have it answered on our podcast. All requests for confidentiality and/or anonymity are respected.
Hiring a lawyer is a big decision. Visit Moore & Company for the legal team's qualifications and experience. And, to learn the latest about superyacht launches, shipyards, designs, and destinations, visit Megayacht News.