Luxury Launches -Motoryacht Alfa Nero and American billionaire Eric Schmidt are starting to appear as star-crossed lovers; they are not meant to be!
The vessel, abandoned in February 2022, saw a ray of hope when the Government of Antigua decided to auction it.
After seizing the luxury vessel on the 11th of April, 2023, she was dubbed a hazard that had to be auctioned.
The auction was followed by injunctions by Russian oligarch Andrew Guryev’s daughter, Yulia, who claimed to be the rightful owner of the vessel.
Prime Minister Brown asked the entrepreneur to top a previous offer for the pleasure craft, following which he could approve the matter in the parliament.
Unaware claimant Warren Halle instructed a transfer of $10 million to the trust account of Moore & Co. in Coral Gables, Florida, intending to purchase the vessel.
So excited was the American to buy this vessel that he hired lawyers and professional captains for his soon-to-be-asset.
He transferred the $10 million to the trust account and decided to charter the 269-footer for $800,000 a week as soon as he possessed the pleasure craft. All this took place even before Andrew Guryev’s yacht was seized.
Finally, on the 11th of April, 2023, the ship was captured, followed by the live auction.
With a bid of $66 million, Warren Halle came second to Eric Schmidt, who won the battle with a cool $67.6 million.
Schmidt, per a clause, was allotted a week to complete the purchase of the vessel, or the second highest bidder would be given the ship.
The claim of $5,683,000 was made for breach of contract from the defendants. In the past few months, Halle suffered a loss of nearly $210,000, pursuing and preparing for the Alfa Nero Yacht.
Yulia Guryeva-Motlokhov claimed ownership of the luxury vessel Alfa Nero-
At the beginning of July 2023, the daughter of the Russian oligarch Andrew Guryev, Yulia Guryeva-Motlokhov, filed an injunction as the owner of the $120 million luxury vessel, which was moored in Falmouth Harbor since February 2022.
The high court rejected her appeal, but the daughter of the fertilizer tycoon was determined to renege on the yacht’s sale. Attorney Dr. David Dorsett confirmed that the request would “almost certainly” be filed again.
“Judge Rene Williams ruled against our application. The client has been made aware, and her instructions are clear. We will proceed with an appeal,” Dr Dorsett said.
“We think the refusal should be challenged, and we will be doing so with some speed.”
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