Titan owner OceanGate will likely seek court protection, and soon: lawyer
ST. JOHN’S, N.L. — A maritime law professor at Louisiana’s Tulane University says the owner of a small submersible that imploded Sunday on its way to the wreck of the Titanic will likely seek court protection — and soon.
Martin Davies says he expects OceanGate Expeditions will try to limit its financial liability if families of the five crew members who died aboard the Titan decide to sue.
Davies said in an interview that the company would first have to decide which country’s liability laws would be most favourable.
Such laws allow a vessel owner to cap the amount of money it could be ordered to pay out, but only if the owner can prove it was far enough removed from any wrongdoing.