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Judge rules against explorers in treasure dispute

Judge rules against ocean explorers in dispute with Spain over sunken treasure from ship wreck By The Associated Press

ATLANTA (AP) ' A federal judge has ruled against a deep-sea exploration company in a dispute with Spain over 17 tons of silver coins recovered from a sunken 19th century Spanish galleon.

Florida-based Odyssey Marine Exploration Inc., which found the treasure off the Portuguese coast in 2007, had requested a stay after a federal court in Atlanta ruled last year the explorers must give the treasure back to the Spanish government.

In an order Tuesday, a U.S. circuit court judge denied the company's motion for a stay.



In court documents, the exploration firm said a stay of the court proceedings was necessary to protect its interests and prevent Spain from keeping the treasure as the claims were considered by courts.


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