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Expert Analysis

Limitation Act Of 1851 Still Relevant To Offshore Energy

By Andrew Stakelum, King & Spalding LLP (January 19, 2017, 4:50 PM EST) -- In 1912, a vessel owner by the name of White Star Lines invoked a little understood U.S. maritime law to limit its liability arising out of a maritime disaster. In 2010, a vessel owner by the name of Transocean invoked the same law. The respective vessels were the S.S. Titanic and the Deepwater Horizon....

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