Overview
- TISG filed the €456 million civil claim in the Termini Imerese court in Sicily, alleging crew negligence led to the August 2024 sinking.
- The suit names Revtom, the Isle of Man holding company, along with captain James Cutfield and crew members Timothy Eaton and Matthew Griffiths.
- The filing alleges the crew failed to close hatches, heed weather warnings and lower the keel, asserting the vessel was effectively unsinkable if operated correctly.
- TISG says the disaster caused a collapse in Perini Navi sales, a share-price slump and heavy revenue losses, claiming no Perini-branded yachts have sold since the accident.
- The Lynch family points to a UK MAIB report that identified stability vulnerabilities linked to the yacht’s exceptionally tall mast, as Italian prosecutors continue criminal inquiries into crew conduct.