[x] Welcome at THunting.com!

A fun place to talk about Metal Detecting, Treasure Hunting & Prospecting. Here you can share finds and experience with thousands of members from all over the world

Join us and Register Now - Its FREE & EASY

THunting.com
Treasure Hunting & Metal Detecting Community
   
Advanced Search
*
Welcome, Guest! Please login or register HERE - It is FREE and easy.
Only registered users can post and view images on our message boards.
Did you miss your activation email?

Login with email, password and session length
Or Login Using Social Network Account
2
News:
Pages: 1    Go Down
Print
Share this topic on FacebookShare this topic on Del.icio.usShare this topic on DiggShare this topic on RedditShare this topic on Twitter
Tags:
0 Members and 1 Guest are viewing this topic.
Offline stringfrenzyTopic starter
Gold Member
*

I love THunting
Join Date: Jul, 2006
Thank you3

Activity
0%
Male
United States
Posts: 3448
Referrals: 0

19277.00 Gold
View Inventory

Awards

E-Trac W/X-1 White's DFX  W/4x6 shooter/950 Eclipse/Super 12/Bigfoot/DX-1 BHID Garrett Ultra GTAx 1000             R.A.T.Phones Max
« on: June 11, 2009, 05:16:55 am »
Go Up Go Down

Odyssey Motion Granted to File Objections in "Black Swan" case by July 6, 2009


Tampa, FL ? June 10, 2009 - Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), pioneers in the field of deep-ocean shipwreck exploration has announced that U.S. Federal Court Judge Steven Merryday has granted Odyssey's Motion for Extension of Time to Respond to Report and Recommendation. He will allow Odyssey and other claimants until July 6, 2009 to file written objections to Magistrate Mark Pizzo's recommendation that Spain's Motion to Dismiss the "Black Swan" case be granted. Judge Merryday will then examine the recommendation as well as all objections and responses in the case before making his ruling on the motion to dismiss.

"The Magistrate's report fails to acknowledge the absence of a vessel at the "Black Swan" site or the commercial nature of the Mercedes' mission at the time of her demise, which would legally nullify the claim to sovereign immunity on that vessel. It also ignores prior case law that separates cargo from the vessel in similar cases," stated Melinda MacConnel, Odyssey's Vice President and General Counsel. "Evidence is clear and un-refuted that the majority of coin cargo being transported on the Mercedes belonged to private merchants, this portion of the cargo aboard the Mercedes never belonged to the Spanish Government. We are looking forward to submitting our formal objections to the court within the time allotted and would welcome the opportunity to cross-examine Spain's witnesses.

"While the Magistrate's initial recommendation is disappointing, I have confidence in our legal system whether at this stage of the proceedings or during subsequent appeal if necessary," said Greg Stemm, Odyssey's CEO. "In the meantime, the Odyssey exploration team continues to focus on other projects, including several undisputed merchant shipwrecks without any issues relating to sovereign immunity. We have two ships out working in the "Atlas" search area, we're planning operations off the US East Coast later this year and there are several other potential shipwreck projects that may also commence in 2009. We are also working with the UK government on an agreement for the HMS Victory project."

Linkback:

You are not allowed to view links.
Please Register or Login

http://www.thunting.com/smf/index.php/topic,5810.msg35689.html#msg35689


Stringfrenzy


Logged
Offline ivan salis
Bronze Member
*

Join Date: May, 2009
Thank you1

Activity
0%

United States
Posts: 151
Referrals: 0

55.00 Gold
View Inventory

Awards

ace 250 currently --but used many many others
« Reply #1 on: June 11, 2009, 09:49:44 am »
Go Up Go Down

yep spain's own "manifest" clearly shows that the the vast bulk of these funds were the property of "private citizens" being transported upon the vessel --thus it's the "property of the "hiers" of the those that were shipping said money ---  thus NOT the spanish govt 's money --- to give over all the money to the govt of spain--would be allowing the govt of spain to steal these folks inheritance money--- as "private funds" --of course a large "research and recovery fee" ( % of the cargo or money) paid to odyssey for finding and recovering these funds and reconnecting them to their "proper" legal owners would be logical.  Wink

Linkback:

You are not allowed to view links.
Please Register or Login

http://www.thunting.com/smf/index.php/topic,5810.msg35700.html#msg35700




Logged
Print
Pages: 1    Go Up
Jump to:  

Powered by SMF 1.1.19 | SMF © 2005, Simple Machines | Sitemap
Copyright THunting.com