WBRZ News

Titanic Ruling over Shipwreck Artifacts

Font size

Posted: Aug 13, 2010 8:40 PM by Michael Marsh
Updated: Aug 13, 2010 8:41 PM
Source: Associated Press

  Rating: 5.0 (1 vote)

Topics: Titanic, RMS, salvage, Virginia, ruling

A federal judge in Virginia ruled a company is entitled to the value of about 5,900 aritfacts it salvaged from the wreck of the Titanic. But, the judge postponed a decision on whether to simply give the company title to the artifacts or sell them and turn the proceeds over to RMS. The items are worth an estimated $110 million. Until the decision is made next year, RMS can retain possession of the artifacts and continue displaying them in exhibitions around the world.

comments powered by Disqus

Most Popular