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A arrested in Gibraltar

A arrested in Gibraltar

A arrested in Gibraltar

A arrested in Gibraltar

A arrested in Gibraltar
18 February 2017 - 22:00


Just hours after its arrival, lawyers for superyacht builder Nobiskrug filed a claim in the Supreme Court against the vessel’s “owners/charterers/operators” of the "A" for breach of contract. According to court documents, Nobiskrug said the final €9.8m payment of a shipbuilding contract between the yard and Valla Yachts Limited, the vessel’s Bermuda-based registered owner, was due on Jan 27 but has not been paid. Nobiskrug is also claiming sums of €2.6m and €2.9m which, according to the court documents, were already the subject of a dispute between the yard and Valla Yachts over liability for sub-contractor invoices and disputed variation orders during the building process. The total sum sought by Nobiskrug amounts to €15,298,297.05 [£12,748,581] plus interest, according to the claim filed by Triay Stagnetto Neish, the Gibraltar law firm acting for the yard. 

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