[QODLink]
Europe

Netherlands impounds Steve Jobs' super-yacht

All-aluminum $138m vessel owned by late Apple founder will not be allowed to leave Dutch port due to payment dispute.
Last Modified: 22 Dec 2012 12:08
Steve Job's all-aluminum yacht was reportedly built at a cost of $138 million [Reuters]

The sleek, white super-yacht Apple founder Steve Jobs commissioned before his death cannot leave the Netherlands just yet due to a payment dispute.

Jobs collaborated on designing the 78.2-meter all-aluminum Venus, which has a minimalist aesthetic, with French product designer Philippe Starck.

“The yacht has been impounded,” Rotterdam-based lawyer Roelant Klaassen, who represents French designer Starck’s Ubik company, told the AFP news agency.

“There is some unfinished business, namely two invoices which were issued by Ubik last summer after Mr Jobs died,” he said.

Dutch newspaper Het Financieele Dagblad reported on Friday that Starck hired a debt collection agency and got a summary legal order to keep the boat from leaving.

According to the paper, Starck had only been paid $7.9m by Job's heirs, but believed he was owed $11.86m.

Jobs’ estate says Starck should be paid a percentage of the overall cost of the project, which took over five years to complete. Starck says he should be paid the larger amount, Klaassen said.

The lawyer claimed "there was no formal agreement on the job" owing to the closeness of Jobs and Starck.  

“The most important thing for everyone is that the vessel can sail at a certain moment and hopefully funds will be paid into the account of the lawyers of the estate which can then be used as security,” Klaassen said.

Port of Amsterdam spokesman Jeroen Ranzijn confirmed the boat has been in the harbor since December 8, and won't leave until the civil dispute is resolved.

"It was actually ready to continue its voyage when there was a dispute between two parties, including the heirs, and one party laid a claim on the boat,'' said Ranzijn.

The boat's total cost is about $138m.

278

Source:
Agencies
Topics in this article
People
Country
City
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
About 500,000 participated around the globe in the Peoples Climate March, and Al Jazeera spoke to some in New York.
Separatist movements in Spain, Belgium and Italy may face headwinds following Scotland's decision to stay in the UK.
A fishing trawler carrying 500 migrants across the Mediterranean was rammed by another boat, causing hundreds to drown.
Anti-immigration Sweden Democrats party - with roots in the neo-Nazi movement - recently won 12.9 percent of the vote.
Palestinian doctor who lost three daughters in previous Gaza war is fighting to bring 100 wounded kids to Canada.