Wine Mogul Seeks $1 Million Refund After Shipbuilder Fails Before Completing His Yacht
Wine mogul Jim Delegat is fighting to gain more than $1 million from the Auckland shipbuilder that went out of business three months after he commissioned plans for a 70-foot yacht.
Delegat, worth an estimated $150 million, is awaiting the decision of a High Court judgement that will determine whether the funds can be salvaged from Salthouse Marine Limited. He ordered the Salthouse 68 motor yacht in late 2009 when he flew to Perth, where Australian millionaire and former SML director Chris Norman convinced him to buy it.
When Norman pulled the plug on the 27-year-old shipbuilding company, he put 51 people out of work and left a debt up to $2.5 million. He is now being sued by Delegat’s business trust and an SML subsidiary.
Related Articles
Give Your Home a Modern Boost With Bay Window Replacements in 2026
Upgrade bay windows in Indianapolis to boost light, comfort, efficiency, curb appeal and home value with modern designs and expert installation.
Rewriting the Rules: Sedge Beswick on Risk, Motherhood, and Success
In a world that runs on conformity, Sedge Beswick has established her career through standing apart. A builder, forward-thinker, and creative strategist, Beswick has built her career by seeing new opportunities where everyone else sees risk.
MiLi Christmas Limited Edition — Christmas Gift Ideas That Shines Beyond the Holidays
Festive MiLi Christmas luggage tag with MiTag Duo—trackable, stylish, Apple & Android compatible, and useful all year round.
Top New Year’s Eve Hotel Experiences In Boston
From elegant multi-course meals to glamorous parties, here are some top New Year’s Eve hotel experiences in Boston for 2025.
Christopher King Opens Stunning Worth Ave Flagship in Palm Beach
Christopher King opens a Palm Beach flagship on Worth Avenue, showcasing Italian craftsmanship, vertical luxury, and timeless design.
Daniel’s Brings an Elevated Steakhouse Pop-Up to Palm Tree Club Miami’s Waterfront Scene
Daniel’s launches its first steakhouse pop-up at Palm Tree Club Miami, bringing award-winning cuisine to the waterfront weekdays.
Latest Stories
Trending Articles
Related Articles
Give Your Home a Modern Boost With Bay Window Replacements in 2026
Upgrade bay windows in Indianapolis to boost light, comfort, efficiency, curb appeal and home value with modern designs and expert installation.
Rewriting the Rules: Sedge Beswick on Risk, Motherhood, and Success
In a world that runs on conformity, Sedge Beswick has established her career through standing apart. A builder, forward-thinker, and creative strategist, Beswick has built her career by seeing new opportunities where everyone else sees risk.
MiLi Christmas Limited Edition — Christmas Gift Ideas That Shines Beyond the Holidays
Festive MiLi Christmas luggage tag with MiTag Duo—trackable, stylish, Apple & Android compatible, and useful all year round.
Top New Year’s Eve Hotel Experiences In Boston
From elegant multi-course meals to glamorous parties, here are some top New Year’s Eve hotel experiences in Boston for 2025.
Christopher King Opens Stunning Worth Ave Flagship in Palm Beach
Christopher King opens a Palm Beach flagship on Worth Avenue, showcasing Italian craftsmanship, vertical luxury, and timeless design.
Daniel’s Brings an Elevated Steakhouse Pop-Up to Palm Tree Club Miami’s Waterfront Scene
Daniel’s launches its first steakhouse pop-up at Palm Tree Club Miami, bringing award-winning cuisine to the waterfront weekdays.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events