https://www.theguardian.com/world/2010/dec/08/wikileaks-us-spain-treasure-art
Here is more info on the painting and the backroom deal for those interested
On March 30th, Odyssey voluntarily dismissed their admiralty case against the Mantola after agreeing to an undisclosed settlement with the salvor of the silver.
Xaos, maybe you will know more about these latest developments, but things seem to be getting interesting. Anthony Clake, Paul Marshall, Ocean Infinity, MACS and San Jose, Robert Fraser, Swire, and Odyssey Marine. Lots of dots to connect.
Interestingly, one of the people Odyssey has asked to depose in their case is Anthony Clake who is a partner at the hedge fund Marshall Wace in London, and is believed to be the main shareholder of Ocean Infinity which led the search for MH370 and previously used the same Swire ships that...
To update, The Judge could not grant Odyssey a salvage award for the silver recovered from the Mantola because there were too many unknown pieces of information that were unable to be obtained due to the lack of help from the British Government and so the case was dismissed without prejudice. As...
The US Court is giving Odyssey 30 days to file a motion seeking exclusive salvage rights and a salvage award for the Mantola. One of the main issues that the Court has and that Odyssey will need to address is that the UK claims the Silver was found April 30, 2017 while the Court's in rem order...
Yes. Seems like Odyssey would have more success if they sued Swire for breach of contract and used that for their fishing expedition, but maybe that is a bridge they don't want to burn yet.
On March 25th, without providing any notice to Odyssey's attorneys, the English Court set aside their previous order at the request of UK’s Government Legal Department on behalf of the DfT and the RoW. Given the lack of cooperation on this matter from the DfT and the RoW, Odyssey has asked the...
No news yet as far as I can tell. Still awaiting depositions in the UK. It does seem to be taking longer than I would have expected but I don't have any real info on how long these processes usually take.
Maybe you are right Salvor. I read it quickly and may have misunderstood what it said. I was under the impression that it had previously been determined that SSA had the wrong location and that MAC had actually found the San Jose in a different spot and that until just recently the Colombian...
Looks like a Colombian court just issued a ruling in favor of SSA.
https://www.reuters.com/article/us-colombia-treasure/colombia-court-embargoes-treasure-from-spanish-ship-amid-legal-battle-idUSKCN1RE2F0...
The UK Court has ordered the Receiver of Wreck and the Department for Transport to comply with Odyssey's requests for information surrounding the recovery of the 526 silver bars from the Mantola.
Xaos,
You should read the Judge's order and opinion from 8/8/18 again, or for the first time. You write a post going on and on about the law of finds, and I'm not sure why. The Judge writes in his ruling that, "The Court finds the law of salvage--to the exclusion of the law of...