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.
The vessel, which reportedly cost over 100 million euros (US$130 million) to build, was impounded after Starck said Jobs’ estate still owed him three million euros for his contribution to its design.
Starck said he was to be paid a fixed sum of nine million euros, while lawyers for Jobs’ estate said he was to be paid a percentage of the project’s cost equal to six million euros.
The Dutch-built yacht, which was only unveiled in October -- just over a year after Jobs died -- is in Amsterdam harbour because of bad weather.