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Headline : Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster

Read more from the original article on here at www.yahoo.com.




Tags : #owner #ship #crashed #baltimore #bridge #likely #try #invoke #1851 #law #used #cap #damages #titanic #disaster



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From potential wrongful death lawsuits to property damage lawsuits, the owner of the container ship that crashed into a major Baltimore bridge, destroying it, can expect to face a mountain of legal troubles.

Analysts have already estimated that claims from the deadly early Tuesday disaster that caused Maryland's Francis Scott Key Bridge to abruptly collapse could cost insurers billions of dollars.

Three maritime legal experts told Business Insider that the owner of the Singapore-flagged vessel called the Dali will almost certainly invoke a 19th-century federal law โ€” that was successfully used by the owner of the Titanic โ€” to try to limit its liability in the bevy of lawsuits that are expected to arise.

Read more from the original article on here at www.yahoo.com.


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