Part 1: Finders Keepers? The Law of Salvage vs. The Law of Finds

Ever-evolving technology is allowing more and more shipwrecks to be discovered and salvaged. But what law governs the search for and recovery of artifacts and shipwrecks? How does the would be treasure hunter obtain a legal right to the salvaged treasure? Join

On September 12, 2024, in In re Live Life Bella Vita LLC, No. 23-55613 (9th Cir. Sept. 12, 2024), the Ninth Circuit joined the majority of circuits by holding that claims for indemnity and contribution are considered separate claims in the context of Limitation Actions, and thus, if a claimant wants to lift the federal court stay and proceed in state court, all claimants must execute a stipulation preserving the shipowner’s right to have the federal court determine limitation of liability.
Continue Reading Majority Rules: Ninth Circuit Joins in Treating Contribution and Indemnity Claims as Separate in Limitation Proceedings