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RE: The Wax Galleon and the San Agustin: Two Spanish Galleon Shipwrecks Off the U.S. West Coast
I remember when all that went down. It was an odd case that changed precedent. If I recall correctly, the US did nothing when Spain forcefully boarded a ship flying the US flag. Too bad, if true. It turned into political maneuvering.
The Odyssey owners learned their lesson though, and make a contract with the claiming country before salvaging now.