WorldTimes of India

Russian billionaire sued a paint company for $100 million because his $300 million superyacht was not shiny enough, then spent $30 million repainting it

in5points
  1. Russian billionaire Andrey Melnichenko sued Dutch paint company AkzoNobel for over $100 million because Motor Yacht A's finish lacked the promised mirror-like shine.

  2. The lawsuit claimed the $300 million superyacht had visible defects like lines, sags, blotching, and a cloudy appearance in sunlight.

  3. AkzoNobel repainted the yacht once at its own expense, but Melnichenko remained dissatisfied and sought damages.

  4. Melnichenko authorized a complete repaint costing about $30 million while the lawsuit was ongoing.