Interlegal lawyers supported yacht Sale & Purchase in the amount exceeding 1 million USD
16 January, 2020
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Interlegal yachting lawyers succeeded in legal support of 35 meter long motor yacht Sale & Purchase. In the framework of project, they drafted non-standard Sales Contract which reflected both wishes of the Client (the Seller) upon procedure of the deal and general essential terms and conditions of similar agreements. Yacht cost exceeded 1 million USD.
For the purpose of financial settlements, the lawyers drafted a set of supporting documentation for the bank, including the Yacht Assessment Certificate. Also Interlegal as escrow agent was engaged in financial settlements between the Seller and the Buyer and facilitated verification of completeness and content of filed documents. Following successful completion of the deal, Interlegal lawyers reissued yacht ownership in the name of new owner in the Register.
Interlegal junior lawyer Irina Dulapchi, lawyer Valeria Fetysenko, managed by senior associate Kirina Riashentseva, led the case.