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Salvage Claims & Defenses
There are numerous instances where vessel owners in distress learn the rules of salvage too late and are subsequently faced with costly claims. Having the right attorneys who know the rules of salvage and are prepared to respond to claims made by salvage companies against your vessel is essential.
There are specific factors that the law looks to determine if a rescue is a simple tow or a more complex “salvage.” Further, a signed agreement is not required for the rescuing vessel to make a claim and if the appropriate circumstances are present, a salvage company may have the right to place a “salvage lien” against the rescued vessel. Salvage awards are based on a number of factors, some of which include the value of the vessel being rescued, the efforts and success of the salvaging vessel and the risks involved. If a vessel owner is not careful or is unaware, they may be faced unneccessarily with a costly claim.
The attorneys at MarineLawyers.net can assist you in understanding your rights and responsibilities, and the laws of salvage before you are faced with a situation where your vessel is in distress. If your vessel becomes subject to a salvage lien, we can assist you in defending against the claim of salvage and negotiating a reasonable resolution.
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