The yacht designed for Steve Jobs by Philippe Starck has been released and is free to sail, according to French newspaper Le Monde (via The Next Web).
The yacht, Venus, was impounded in The Netherlands last week after a reported dispute over the fee paid to Starck. ‘A solution has been found and a security has been lodged on a bank account for the boat to be free to leave,’ said Gérard Moussault, representing Jobs’ estate. Moussault added that his client had reached a temporary agreement with Starck over the fee.
Venus was completed in October and is reported to have cost €100m to build. According to Reuters, a fee of €9m had been agreed between Jobs and Starck, but only €6m had been paid.
‘These guys trusted each other, so there wasn’t a very detailed contract,’ said Roelant Klaassen, representing Starck’s company, Ubik.