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Odyssey Marine to Pay Spain $1 Million

Odyssey Marine to Pay Spain $1 Million

TAMPA, Fla (970 WFLA)- Tampa based Odyssey Marine Exploration has been ordered by a federal judge to pay a million dollars to the Spanish government for bad faith and abusive litigation.

Spain was asking for more than three million dollars in legal fees after it won a claim to a 600 million dollar haul of sunken treasure found by Odyssey.

U-S courts ruled the treasure belonged to Spain, but Odyssey had argued it rightfully retrieved the 17 tons of gold and silver.  Odyssey says it might appeal.

 

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