Admiralty Sales – Can you stop them?
I won’t mention the “C” word in this article. Suffice to say, it’s now early April 2020 (for those reading in the future) and it’s...
A platinum-coated mess reaches the Commercial Court
As any student (or former student) of chemistry will know, palladium forms one of the platinum group elements in the Periodic Table. And...
BREAKING: Final destination for yacht leasing schemes?
“Such practices violate EU law and must come to an end”. With this strongly worded statement, the EU Commissioner for Economic and...
A renaissance of the UK flag?
“…do not be carried away by success into demanding more than is right or prudent.” Winston Churchill 1919 On the 15th of November the...
Land Tribunal Decision Affecting Pendennis
In a judgment handed down on 24 November 2017, Pendennis Shipyard learned the outcome of its application to the Upper Tribunal (Lands...
Can a Letter of Intent “morph” into a binding contract?
It has become fairly commonplace in the yachting industry to see letters of intent being used to “secure” a deal, or an exclusivity...
Private yacht use and benefit in kind – tax Tribunal ruling a salutary reminder of the law
The recent (March 2016) Tribunal ruling concerning the private use of a yacht provides a salutary reminder (if one were needed) of the...
