Sovereigns and Deep Water Ocean Treasures

More treasure stories related to Odyssey Marine Exploration. This prior post covered an 11th Circuit ruling on sovereign immunity in a lawsuit between Odyssey Marine and Spain as to rights to treasure from a sunken ship said to have been on a sovereign mission. Now the NYT has a story by William J. Broad regarding two additional wrecks Odyssey is recovering with valuable silver bullion as cargo. These wrecks are being raised by contract agreement with the British government; the split is 80% for the salvagers and 20% for the government. Additional video is here.

What a cool way to earn a living.



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About Kirk

Since becoming a lawyer in 1983, Kirk’s over 30 years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”


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