Odyssey directed its legal team to file a Motion to Strike the amicus brief filed by the United States in support of Spain in the "Black Swan" case currently pending before the Eleventh Circuit Court of Appeals.
If the court opts to not strike the brief, Odyssey seeks to have the court direct the United States government to amend its statement of interest to more accurately reflect its true position on the matter […]
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Sunken treasure and diplomatic back channel maneuvering are disparate topics one thinks of only in the fictional world of books or movies. However, those seemingly unrelated points have recently been focused on an American company that specializes in exploration and recovery of deep-ocean shipwrecks.
Odyssey Marine Exploration, based in Tampa, Florida, announced in May 2007 the discovery of the "Black Swan," a site located in the Atlantic Ocean which yielded over 500,000 colonial-era silver coins […]
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Odyssey Marine Exploration was recently notified that the United States Court of Appeals for the Eleventh Circuit would hear oral arguments on the case that is currently pending before it between Odyssey and the country of Spain.
At issue is the ownership of over 500,000 Colonial-period silver coins that were recovered from the bottom of the ocean by Odyssey […]
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Continuing a series of legal steps, challenges and hurdles, Odyssey Marine Exploration has recently filed it’s reply to Spain’s response in the highly contested "Black Swan" case. This is expected to be the end of the written pleadings for the matter which is currently before the United States Court of Appeals for the Eleventh Circuit in Atlanta, Georgia.
At stake in the matter is ownership of a recovered sunken treasure consisting of an estimated 500,000 gold and silver coins. Believed to be valued at around $500 million, the recovery has peaked the interest of many since it was first announced back in 2007. The issue was contentious from almost the start with Spain initiating a seizure of one of Odyssey’s vessels back in July of 2007, claiming that Odyssey was engaged in an "offence against Spanish historic heritage."
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Odyssey Marine Exploration has taken the next step in its legal battle with the country of Spain over potential ownership of treasure the company recovered by filing an Appellate Brief with the U.S. Court of Appeals for the Eleventh Circuit. At stake is nearly 17-tons of recovered artifacts said to include over 500,000 silver and […]
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A U.S. District Judge filed an order on Tuesday, Dec. 22, backing a magistrate court’s decision that a salvage reportedly worth around $500 million should be returned to Spain. The Magistrate’s decision occurred back in June and recommended the return of over 500,000 silver and gold Colonial era coins to Spain. That decision was brought […]
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Deep seas, adventure, mystery, suspense and a battle over who owns a sunken treasure… they are the trappings of an action-adventure blockbuster that could make hundreds of millions. But this is no movie plot. The treasure is real — possibly worth some $500 million — and a battle over its ownership wages on, but now […]
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Odyssey Marine Exploration has discovered two more shipwrecks in the north Atlantic Ocean, the company announced this week. The Florida-based underwater salvage company filed admiralty claims for exclusive salvage rights in Tampa federal court Wednesday and released a public statement Friday. According to Odyssey, the two shipwrecks are steel-hulled, and as yet unidentified. The company […]
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Tampa treasure hunting firm Odyssey Marine Exploration filed their second 2008 results with the Securities and Exchange Commission. Odyssey reported a decrease of $.6 million in revenue for 2008 that was mostly due to fewer coins sold. The company provided updates on shipwreck projects, including the 17-ton gold and silver coin find from "Black Swan," […]
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