We know well the yachting industry and its players: the specialist lawyers at COBALT PARTNER have over 20 years experience in the asset acquisition and the asset finance sector. This includes a wealth of legal knowledge in the shipping and notably the yachting sectors. We act for owners, future owners, private banks, brokers, shipyards and other professionals in all spheres of yachting.
COBALT PARTNER benefits from a long-term cooperation with a global network of established local lawyers specialised in yachting deals. This is key to providing seamless cross-border legal services covering all the needs of our clients.
Our yachting practice covers:
Yacht construction contracts: we have a proven record representing ship owners in the negotiation and completion of construction projects for yachts of around 25 metres and over. We guide our clients through the ins and outs of each stage and milestone of their project. We deal with yacht builders in Northern Europe, Italy, New-Zealand and the United States of America. We also exchange with marine surveyors, yacht designers and other professionals involved in the project.
Sale and purchase: we accompany our clients from the preparation and negotiation of the documentation and pre-buy process for second-hand yachts through to completion of the sale. Our aim is to extract the best value from the sale and purchase contract (the most widely used being the MYBA sale and purchase agreement form) and, when acting for buyers, the yachts new ownership structure.
Financing: we value our established relationship with major private wealth banks that participate in the pre-delivery and post-delivery financing of new yachts and superyachts. We also accompany our clients in the restructuring of existing financings. We have developed a solid contractual loan documentation fine-tuned to the particularities of the yachting industry. This expertise is also a big plus when representing the interests of clients on the borrowing side.
Operational: we advise our clients on the most appropriate way to structure the ownership and management of their superyachts. This requires a close look at VAT, customs, flagging and other regulatory aspects that are key to the deal. We also advise our clients on operational aspects such as crewing arrangement and chartering (if commercial use) and their relationship with yacht managers and other professionals involved in a yacht’s day-to-day.
Refit: our team acts for yacht owners in their refit projects. This can consist of a general refurbishment of the yacht and, in other cases, include the fitting out of the interiors and exteriors of a ready-built hull and superstructure.
At COBALT PARTNER we assure a one-to one, smooth and timely management of the transaction through to its completion and beyond.
At COBALT PARTNER we have a wealth of legal knowledge with over 20 years experience in the aviation sector representing aircraft financiers, owners, lessors and manufacturers. We also benefit from a long-term cooperation with a global network of established local lawyers specialised in business jet deals. This is key to providing seamless cross-border legal services covering all the needs of our clients.
Our corporate jet practice covers:
Sale and purchase: whether brand new or second-hand aircraft, there is no standard client or standard contract! We work on optimal solutions to structure our client’s projects. For this, we work hand in hand with the brokers and technical experts involved in the deal. The pre-buy process and related arrangements is particularly key to a successful deal for second-hand aircraft. There is always room for extracting value out of these aspects of the operation!
Financings: we know well the players in the financing arena, and often get involved at the very outset of the deal for new or second-hand business jets. We guide our clients in pre-delivery and post-delivery financings – as well as restructurings of existing financings – from the drafting and negotiation of the term sheet and the package of loan and security documentation through to completion of the financing.
Operation and management: we guide our clients through the ins and outs of business jet management and operation. Post acquisition of the aircraft, an even balanced operation and management agreement is vital to safeguarding the aircraft’s value and the owner’s financial interests.
At COBALT PARTNER we assure a one-to one, smooth and timely management of the transaction through to its completion and beyond.
We advise our clients – foreign investors and their family offices – in property deals in France and overseas. We combine first-class personal advice and solid legal expertise to optimise the value of our client’s real estate acquisition and/or finance transactions.
Acquisition and sale: for players active in this market, the acquisition and sale of real property in France and overseas involves high stakes and often significant challenges. Real estate transactions link a multitude of professionals (estate agents, managers, experts, notaries, bailiffs, etc.) and a range of structures for ownership and tenure of the property. We help our clients navigate through this increasingly complex domestic market.
Financings: we guide our clients through the drafting and negotiation of the term sheet and the package of loan and security documentation in their real estate projects; whether private residential or of a commercial nature.
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Your legal partner for yachting, shipping, aviation & premium real estate
