Maritime law is truly a unique animal, or mammal, as the case may be. To be sure, it has its own set of federal rules in addition to the ‘Rules of the Road’; special remedies (arresting a ship) and relief (maintenance and cure, unseaworthiness); a monetary reward for saving a vessel in peril (salvage); a special term for practitioners (proctor); its own ‘parlance’; and mostly non-jury trials. Indeed, it is one of only two law specialties mentioned in the U.S. Constitution.1
One of the ‘oldies but goodies’ in the proctor’s arsenal is the ability to limit the liability of a vessel owner to the post-casualty value of the vessel.
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