Guide to Doing Business
in Curaçao

Court approved private sale

Besides the auction, local law also offers the possibility to opt for a Court-approved private sale up to seven days before the scheduled auction date. The effect is the same as with an auction: the vessel is delivered to the purchaser free of pre-existing liens and encumbrances. A judicial auction can be applied for and held concurrently with behind the scenes negotiations for a private sale.