(Photo: Kichigin/Shutterstock) Sunken Treasure? Shipwreck Company's $16M Default Judgment May Be Hard to Haul In
An Atlanta shipwreck exploration company landed a $16 million default judgment against a would-be Mexico-based partner that sailed into the sunset without paying a doubloon.
June 04, 2021 at 08:01 PM
2 minute read
An Atlanta-based company that arranges dives and recoveries of shipwrecks landed a $16 million default judgment against a Mexico-based company that wanted to partner with it, but whether it can recover the treasure—delivered against a defendant as spectral as the Flying Dutchman—remains another matter.
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