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...raid looked like something out of a Hollywood action movie. On July 7, Russian special forces dropped down on ropes from a helicopter to storm a luxury yacht on the Pirogovsky reservoir outside Moscow, arresting three dozen mobsters, including the group's alleged ringleader, Tariel Oniani. But within days, nearly all of them, including Oniani, had to be set free because prosecutors couldn't charge them with anything...

Author: /time Magazine | Title: Will New Laws Help Russia Take Down the Mafia? | 10/13/2009 | See Source »

...made his feature-film debut with Knife in the Water, a psychological thriller about a couple who invite a hitchhiker aboard their yacht. It won the Venice Film Festival International Critics Award of 1962 and was nominated for a 1964 Academy Award for Best Foreign Language Film...

Author: /time Magazine | Title: Fugitive Filmmaker Roman Polanski | 9/28/2009 | See Source »

...Dutch court placed a 13-year-old girl in temporary custody on Friday, Aug. 28, after her parents insisted on supporting her bid to become the youngest person to sail around the world solo. Laura Dekker, an avid sailor who was reportedly born on a yacht during her parents' own around-the-world trip, told Dutch television before the court handed down its decision that she simply wanted to "learn about the world and to live freely...

Author: /time Magazine | Title: Is 13 Too Young to Sail Around the World Solo? | 8/28/2009 | See Source »

...dealer floor plan all at sea? Darren Plymale, the general manager at Galati Yacht Sales in Tampa Bay, Fla., says many dealers are probably consumed with taking care of their customers and don't have time for the hefty application required. A dealership has to be worth less than $8.5 million to qualify. Plymale's dealership is too large to qualify, but he worries the program is too complex and cumbersome for those who do. "I have some great industry relations, and I don't know anybody that has applied for it and taken advantage of it," he says...

Author: /time Magazine | Title: Federal Help for Boat Dealers: All at Sea | 8/1/2009 | See Source »

...spat with Deripaska, he has filed a lawsuit against Russian metals magnate Vasily Anisimov and his company Coalco for a stake Berezovsky says he owns in Coalco subsidiary Metalloinvest. In addition, Berezovsky's lawyers have lodged a statement with the court denying that commission is owed on a luxury yacht he just sold. And the tycoon is currently suing a Moscow-based television company for libel. Then there's the matter of his divorce from his wife Galina, which is currently being negotiated...

Author: /time Magazine | Title: Russian Oligarchs Seek English Justice | 7/24/2009 | See Source »

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