Steve Jobs’ estate pays to free impounded superyacht

Steve Jobs’ superyacht Venus was free to leave Amsterdam port Monday after the late Apple co-founder’s estate paid a deposit to resolve a dispute with designer Philippe Starck, who had had the yacht impounded.

“The Venus is no longer impounded, we have found a solution,” Gerard Moussault, a Hague-based lawyer for the Jobs estate, told AFP.

“A security deposit was paid into a bank account, but I cannot say for how much,” Moussault said after French designer Starck last week asked Amsterdam bailiffs to seize the sleek 70-metre (230-foot) yacht.

via Business feed http://www.scmp.com/news/world/article/1112856/steve-jobs-estate-pays-free-impounded-superyacht