So Usmanov is a Russian Oligarch guy, and owns a 600-million Euro yacht which was parked up in a Hamburg shipyard.
The Germans authorized seized property for about nine different Oligarch folks who have close relations to Putin.
What happens now? Well....whatever renovation that was going on....probably will stop at this point.
Parking fee charged by the company involved in the renovation? Yeah, and it won't be cheap. It'll be handed to the German government, and it won't surprise me that they pay somewhere in the 30k Euro range for each month.
Hopes of getting it back? I would bet that Usmanov has a lawyer hired and this will be an enormous challenge to the laws of Germany. This being resolved in 2022? Ha.....more than likely it'll lead to the Constitutional Court and be mid-summer of 2023 before they say for sure that the Germans own the yacht.
My humble guess here? Usmanov will hire out a guy or two.....burn the facility/yacht down, and claim it was the evil Germans out to get him or just 'wild' Ukrainians.
Even if they did move it to a German navy site, to protect it from damage....then what? Who would pay 500-million for the yacht? There's probably only three-hundred people in the world with the kind of money to sink into this vessel and it'll always be a target for Usmanov to get his revenge.
2 comments:
The boat should be auctioned off and the proceeds should go to the Ukrainian refugees.
Court-challenged....figure at least 12 months before this is concluded. My humble guess is that it'll go up for sale, and virtually no one will bid, in fear of revenge by the 'Kremlin-club'.
Bigger issue brewing (I noticed this morning)....a bunch of Irish-owned but leased-to-Russian-airlines planes....are grounded in Russia, unable to fly internationally. Something has to happen by 28 March, or the lease is 'broke'. Several hundred of these passenger jets would then be sitting there, unlikely to fly back to Ireland or ever be used again. Could be a massive economic failure for this leasing company.
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