West Headnote of the Day – October 11, 2010

October 11, 2010

West's Key 354 Shipping
West's Key 354XII Wreck
West's Key 354k213 k. Rights of Property.

354 ShippingLaw of salvage generally governs efforts to save vessels in distress, but vessel without owner is subject to the law of finds, summed up succinctly as “finders keepers.”
Int’l Aircraft Recovery, L.L.C. v. Unidentified, Wrecked & Abandoned Aircraft, 218 F.3d 1255 (11th Cir. 2000)