When we think of superyachts, we tend to only associate them with a lavish lifestyle, pure bliss, and total relaxation. But they can also become a huge burden. Not only do luxury yachts require millions for regular maintenance alone, but they can also become the object of major financial disputes.
By Ellen Milligan (Bloomberg) — Credit Suisse Group AG is pursuing a Saudi prince in court, alleging he failed to repay the bank around $78 million in interest and loans he.