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06/17/2016
By Dean Michael J. Yelnosky
Last Sunday, when the scope of the tragedy at the Pulse nightclub in Orlando began to emerge, I sent the following email to the student body: Tragically, once again Americans are mourning the loss of...

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Marine Salvage

Course Number: 
LMA.788
Credits: 
2

Marine salvage is the law of rewarding parties for rescuing goods and preventing damage in cases of marine peril.  The concept is unique to maritime law and involves both a different calculation than the Common-Law concept of quantum meruit and give rise to a maritime lien, a ownership interest, in the property subject to salvage.  We'll consider the elements of a salvage claim, and the distinction between salvage and other maritime claims, calculation of the salvage award, salvage for prevention of environmental damage, and problem involved in the recovery of sunken treasure including the relation of salvage to the law of finds and abandonment and issues involved in dealing with the United States and foreign sovereigns.  In addition procedural issues of arbitration and forum selection will be considered. No prior knowledge of maritime law will be assumed.