Rebecca Beach Smith - Titanic Artifacts Decision

Titanic Artifacts Decision

Premier Exhibitions Inc., the parent company of RMS Titanic Inc., the company that salvaged the artifacts from the wrecked ship RMS Titanic on the ocean floor, asked Judge Smith to award it sole title to the artifacts with covenants to preserve them forever. On August 15, 2011, Judge Smith granted title to thousands of artifacts from the Titanic to RMS Titanic Inc., subject to a detailed list of conditions concerning preservation of the items. The artifacts can be sold only to a company that would abide by the lengthy list of conditions and restrictions. RMS Titanic Inc., can profit from the artifacts through exhibiting them.

Read more about this topic:  Rebecca Beach Smith

Famous quotes containing the words titanic and/or decision:

    The two-party system has given this country the war of Lyndon Johnson, the Watergate of Nixon, and the incompetence of Carter. Saying we should keep the two-party system simply because it is working is like saying the Titanic voyage was a success because a few people survived on life-rafts.
    Eugene J. McCarthy (b. 1916)

    The decision to have a child is both a private and a public decision, for children are our collective future.
    Sylvia Ann Hewitt (20th century)