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<p>[QUOTE=&quot;Conder101, post: 901663, member: 66&quot;]Mel Fisher had an agreement with Florida, negotiated ahead of time, to give them 25% of the treasure.&nbsp; Then when he actually found it the State of Florida stepped in and claimed 100% of it.</p><p><br /></p><p>One of the main problems with the &quot;Black Swan&quot; matter is that the ship was a Spanish Naval vessel.&nbsp; EVERY country claims ownership rights to their sunken naval vessels and private salvage, especially unlicensed salvage, is illegal.&nbsp; Also I belive Odyssey did not have a salvage license.&nbsp; They did have a license to <b>search</b> for a different ship but not to salvage it.&nbsp; Instead they found this one and salvaged it secretly.</p><p><br /></p><p><br /></p><p>Considering what they did, no Spain does NOT have to reimburse them for the salvage.&nbsp; (If someone breaks into your house and in the process tears his pants, you do not have to buy him a new pair.)</p><p><br /></p><p>As for dumping the treasure back into the sea, as long as they did it in Spain&#039;s territorial waters I would see that as having returned the treasure to Spain.[/QUOTE]</p><p><br /></p>

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