Treasure Salvors, Inc. v. Unidentified Wrecked and Abandoned Vessel

Treasure Salvors, Inc. v. Unidentified Wrecked and Abandoned Vessel is a legal case involving the recovery of sunken treasure. Treasure Salvors, a private company, discovered a shipwreck off the Florida coast and sought to claim the treasure found on it. The case raised questions about property rights, maritime law, and the interpretation of salvage rights, which allow salvors to recover abandoned property. Ultimately, the court ruled in favor of Treasure Salvors, acknowledging their rights to the treasure, emphasizing the need for legal frameworks to address salvage operations and ownership of underwater finds.