Transactions

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At Perry & Neblett, we have a team of dedicated yachting professionals consisting of Jim Perry, Lynn Ford and David Famulari. Our team provides high quality and cost-effective legal representation to yacht owners, charterers, managers, lenders, insurers, brokers, designers or builders. We offer legal insight and advice on the purchase and sale of yachts, financing, vessel registration, tax matters, statutory compliance, yacht management and operation, insurance, crew employment and immigration issues, cabotage laws and MARAD waivers and chartering.

Perry & Neblett has extensive experience in negotiating and drafting contracts for both commercial and recreational yacht transactions. Our attorneys are “hands-on” throughout the entire process and will work towards getting the matter completed in a competent, cost-effective manner. Having played an active role in the yachting industry, our firm is able to offer extensive knowledge and practical insight in a full range of yacht related services throughout the globe. Perry and Neblett have overseen countless yacht and ship transactions and will personally work with you to ensure that a transaction occurs in a smooth and effortless manner.

Our range of legal services include:

  • Yacht Purchase and Sale transactions – contracts, negotiations, supervision;
  • Yacht registration and Documentation, foreign flagging;
  • Yacht finance packages – notes, preferred ships mortgages, opinion letters;
  • Domestic and Foreign Incorporations, Tax free jurisdictions;
  • Taxation, Sales and Use, Duty, VAT;
  • MARAD Waivers and coastwise endorsements;
  • Yacht Chartering –agreements for bareboat, time, and voyage charters;
  • General Yacht and ship management;
  • New build and yacht construction;
  • Marine casualty and insurance;
  • Yacht litigation; and,
  • Crew employment issues.

The practice is particularly renowned for its expertise in yacht transactions and has advised countless clients on how to navigate the oft treacherous waters of offshore flagging and registration. The firm prides itself on its unique understanding of yacht transactions, foreign flagging, and offshore closings, and is confident that it can provide you with answers on foreign incorporations, offshore yacht registration, sales and use tax, duty, VAT, marine insurance and chartering issues.

On the financial side of yacht transactions, Perry & Neblett is approved to work with all of the major lending institutions including but not limited to Bank of America, Wachovia, Colonial Bank, Key Bank, Regions, CGI, SunTrust, Intercontinental Bank and others. To that end, the firm drafts and reviews vessel finance documents, bank loan packages, opinion letters, preferred ships mortgages, promissory note, as well as general corporate documents. Please call us at 1-800-321-7105 for free consultation, or if you would like more information regarding our qualifications and experience.