Ince & Co

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Contributions by Ince & Co

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Superyacht finance—insurance issues
Superyacht finance—insurance issues
Practice Notes

This Practice Note considers key features of English insurance law and especially their application to yachts. In particular, the Practice Note covers the process of obtaining insurance cover and the specific terms found in the most commonly used Institute Yacht Clauses and American R12 clauses

Superyacht finance—key characteristics of superyacht finance
Superyacht finance—key characteristics of superyacht finance
Practice Notes

This Practice Note considers the main issues relating to the financing of superyachts. In particular, the Practice Note discusses what a superyacht actually is, the main methods of providing finance for a superyacht, registration and the tax and insurance issues which are especially relevant in the financing of such a vessel

Superyacht finance—sale and purchase of superyachts
Superyacht finance—sale and purchase of superyachts
Practice Notes

This Practice Note considers the key aspects of an agreement for the sale and purchase of a completed or second-hand superyacht. In particular it highlights the key differences between a superyacht transaction and one relating to commercial vessels in general. The Practice Note sets out the main terms of the commonly used MYBA Memorandum of Agreement

Superyacht finance—taking security over superyachts
Superyacht finance—taking security over superyachts
Practice Notes

This Practice Note considers the main issues involved when taking security over a superyacht. In particular it looks and the English statutory mortgage, additional security especially relevant to the superyachts under construction along with the security that will be taken over the owner and other assets they may hold. Finally, the Practice Note looks at enforcement of such security

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