Odyssey Marine Exploration to salvage gold from 1857 shipwreck

[teklord]

Your facts are a bit off.
First off, it has been new counsel for quite some time, so I would be careful about what you say about attorneys.

While we may think one thing about CADG, legally, they do hold an Admiralty Arrest on the Central America. That is what one of the current Court battles is about, the new Arrest on the site.
Doesn't matter what equipment CADG currently has, it would take little to get a ship and team together to continue working the wreck, and I am certain they would have no trouble finding that these days.

Odyssey's stock was in trouble long before the Central America contract was announced.

I read this in the Columbus Dispatch regarding the lawyer:

The Columbus Dispatch • Friday May 16, 2014 5:01 AM


A federal judge has ruled that the attorney for a shipwreck salvager repeatedly lied to the court about documents detailing how much gold had been recovered from a site off the coast of South Carolina.
U.S. District Judge Algenon L. Marbley concluded last week that Richard Robol “committed a fraud upon the court” by denying that his client possessed inventories of the more than $40 million in gold coins and bars brought up from the SS Central America shipwreck more than two decades ago.

How long ago was the lawyer replaced? Based on this article I thought he was still working for them but if he was replaced, I stand corrected, Thanks

 

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[AUVnav]

Counsel for CADG is Philip Davey. Robol left in January