Charter & Fractional
Luxury Yacht Seized in Zetta Jet Bankruptcy Case
Global law firm DLA Piper has seized the luxury yacht Dragon Pearl, which it claims was purchased with "misappropriated" Zetta Jet funds.

Global law firm DLA Piper said Australian authorities have seized the luxury yacht Dragon Pearl, which the firm claims was purchased with "misappropriated" Zetta Jet funds by former company managing director Geoffery Cassidy. DLA Piper is advising now-defunct air charter company Zetta Jet in its ongoing bankruptcy proceedings in the U.S., Singapore, and Australia. Zetta Jet filed for bankruptcy protection in September and ceased operations in late November.