Yachting Law

Professional Consulting for Yacht Construction, Purchase, and Management

Our yachting practice covers various aspects.
Initial Consultation
Yachting Law

Yacht Construction Contracts

Yacht Construction Contracts

We have extensive experience representing shipowners in the negotiation and execution of construction projects for yachts of 25 meters and above. Our advisory services span the entire lifecycle of the project, from the design phase to the physical delivery. We guide our clients through the intricacies of each stage and milestone of their project. Throughout the process, we ensure seamless coordination between marine surveyors, yacht designers, and other professionals involved in the construction.

No items found.

Purchase and Sale

Purchase and Sale

We assist our clients throughout the entire process, from preparing and negotiating the documentation and pre-purchase process for used yachts to the successful closing of the sale. Our goal is to ensure that all necessary safeguards are incorporated into the purchase agreement (most commonly the MYBA Memorandum of Agreement) and, when acting for buyers, to optimize the yacht's new ownership structure to align with their objectives.

No items found.

Financing

Financing

We highly value our strong relationships with leading private banks involved in pre- and post-delivery financing for new yachts and superyachts. We also support our clients in restructuring existing financing arrangements. Over the years, we have developed robust loan documentation tailored to the specific requirements of the yacht industry. This expertise is particularly beneficial when representing client interests on the borrower’s side.

No items found.

Operational Services

Operational Services

We advise our clients on the most suitable ways to structure the ownership and management of their superyachts. This requires a meticulous assessment of VAT, customs, registration, and other regulatory aspects that are critical to their operations. Additionally, we provide guidance on operational matters such as crew arrangements, chartering (if commercial use is intended), and their relationships with yacht managers and other professionals involved in the day-to-day activities of a yacht.

No items found.

Refit

Refit

Our team supports yacht owners in their refit projects. These may involve a complete overhaul of the yacht or, in other cases, the interior and exterior outfitting of a finished hull and superstructure.

No items found.

Find the Right Legal Expertise

Lawyer Mr Richard Prechtel, LL.M.
Partner
Lawyer
Notary
Richard Prechtel, LL.M.
Specialist lawyer for commercial and corporate law

What to Expect at activelaw

This is how we work at activelaw

1
Your Case Details

You provide us with the details of your situation and we review your documentation. We will provide you with an initial assessment of your case as promptly as possible.

2
Our promise

We advise and represent you in all legal matters until your objectives are successfully achieved.

3
Your Prospects

Our experts provide transparent counsel regarding your chances of success and the individual strategic options available for your specific case.

Do you have specific questions or a particular concern?