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2 clusters · 7 sources · 4 days · First seen 17 days ago · Last updated 13 days ago

Nik Storonsky superyacht commission lawsuit

Overview

Nik Storonsky, the founder and CEO of Revolut, is facing a lawsuit in the London High Court brought by luxury yacht brokerage Cecil Wright & Partners.

The brokerage is seeking a €17.5 million commission, representing 5% of the value of a 102-meter superyacht built by the German shipyard Lürssen. Cecil Wright & Partners alleges that it acted as the "effective cause" of the transaction by advising Storonsky on the acquisition. However, the firm claims Storonsky bypassed the broker to purchase the vessel directly from the previous owner, Patrick Dovigi.

Representatives for Storonsky have contested the legal action, labeling the claims as unfounded and without merit.

Entities

Revolut · Lürssen · Cecil Wright & Partners · Nik Storonsky · High Court of London

Timeline

13 days ago

[BUSINESS] 2 sources
Revolut CEO Nik Storonsky sued over €17.5m yacht commission
Revolut founder Nik Storonsky is being sued by Cecil Wright & Partners for €17.5 million in unpaid commissions related to a luxury superyacht purchase.
17 days ago

[BUSINESS] 5 sources
Nik Storonsky sued over €17.5 million yacht commission
Revolut founder Nik Storonsky faces a London High Court lawsuit by broker Cecil Wright for an alleged €17.5 million commission on a €350 million superyacht bought from Canadian seller Patrick Dovigi, with the ‑

Sources

caminodesantiago.lavozdegalicia.com · cashless.pl · de.sapo.pt · diariodocentrodomundo.com.br · moneyunder30.com · sapo.pt · WWW.diariodenavarra.es