Company Asking For Ownership Of Titanic Artifacts

[Andrew Clarkson]

(Norfolk, VA) -- After 15 years of legal quibbling over who owns the title to thousands of Titanic artifacts, a hearing that opened on Monday could soon determine ownership.

Atlanta-based Premier Exhibitions has asked the court to either award it sole ownership of the artifacts or a cash award of 110-million dollars, the amount the company contends the Titanic objects are worth.

The company was the first to retrieve artifacts from the site in 1987.

A federal court in Norfolk ruled 15 years ago that it had maritime authority over the wreckage.

Testimony is expected to be completed in a week.

It could be months before the judge makes a ruling.

The Titanic sank off the coast of Newfoundland in April 1912, killing more than 15-hundred people.

Source: http://mystateline.com