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Saudi Prince's Luxury Megayacht at the Center of $78 Million Legal Scandal

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. ....

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Saudi Superyacht Dispute Pits Credit Suisse Against Gulf Prince

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. ....

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