Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
TAMPA, Fla. (AP) - A federal judge has ordered a Tampa company marine exploration company to pay $1 million to the Spanish government for "bad faith and abusive litigation."
Spain wanted $3.3 million in legal fees after it won its claim to a $600 million haul of sunken treasure that Odyssey Marine Exploration pulled from the bottom of the Atlantic in 2007.
U.S. courts ruled the treasure from a sunken Spanish vessel belonged to Spain. Odyssey argued that it rightfully retrieved the 17 tons of gold and silver.
The Tampa Bay Times ( http://bit.ly/GzvE2n) reports Judge Steven Merryday wrote last week that Odyssey acted in "bad faith" in its handling of the case because the treasure hunting company did not properly respond to Spain when questioned about the sunken vessel. Odyssey says it might appeal.
___
Information from: Tampa Bay Times (St. Petersburg, Fla.), http://www.tampabay.com.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)







