The second Legal Symposium, a two-day event for lawyers from leading international law firms in the boatbuilding industry, focused on recent legal developments in contracts and international compliance, in collaboration with Benetti’s in-house legal team and management.
Event Overview
Benetti, committed to fostering the growth of the yachting market from all perspectives, recognizes the crucial role international contracts play in its relationships with customers.
To this end, Benetti launched its Legal Symposium last year. The second edition of this event took place on June 3 and 4 at various prestigious locations, including Hotel Plaza De Russie in Viareggio, Showroom Franchi Umberto Marmi, Cava Bettogli, and Benetti’s Viareggio shipyard.
The symposium saw the participation of over 50 lawyers from prominent law firms active in both the Italian and international boatbuilding sectors.
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Key Discussions
The core of the symposium featured a legal discussion where guest lawyers, along with Benetti’s in-house legal team and area sales managers, engaged in an in-depth debate on the most pressing issues in the yachting industry. Key topics included:
- Yacht Construction Contracts: Examination of specific clauses in yacht construction contracts to ensure they meet current legal and industry standards.
- Compliance Procedures: Implementation of compliance procedures, including Anti Money Laundering (AML) measures, to adhere to increasingly stringent international regulations.
- Sustainability: Addressing the sustainability of yacht building and how legal frameworks can support environmentally responsible practices.
Comments from Benetti
Georgia Agù, Group General Counsel Azimut|Benetti, expressed pride in the symposium’s success: “We’re proud of the success of the second Benetti Legal Symposium. This initiative is an opportunity to foster collaboration and sharing of knowledge between international law experts in our industry. We’re convinced that meetings like this are essential to tackle future challenges in an increasingly dynamic and ever-changing legal context.”
The symposium not only highlighted the importance of legal expertise in navigating complex international contracts and compliance issues but also emphasized the need for sustainable practices in yacht building. By bringing together top legal minds, Benetti continues to lead in addressing the evolving legal challenges in the yachting industry.
