The Business of Middle East Superyachting

Tag: IYBA

  • Commission fees become the topic of law in new US class action lawsuit 

    Commission fees become the topic of law in new US class action lawsuit 

    [YA MON EXPEDITIONS, LLC v. INTERNATIONAL YACHT BROKERS ASSOCIATION, INC. et al] In a class action lawsuit, Wyoming-based boat dealership Ya Mon Expedtions LLC claims that several large yacht brokerages are in violation of the Sherman Antitrust Act with the inflation of brokerage commissions in recent boat sales In the 31-page lawsuit, the dealership alleges…