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Tourist(s) missing in submarine while trying to reach the Titannic
https://www.ctvnews.ca/world/u-s-coa...-sub-1.6446841
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Did they really have 5 people in this?? Or do they have a larger version?? |
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#421 |
Hey Loochy, I'm hooome!
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When I say mixed race, I mean there's ALWAYS a token black, asian, indian, and white. ALWAYS. It's always a perfectly mixed group of characters. They always pick one of everything.
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#422 | |
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#423 |
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#424 | |
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The whole thing is so....facepalm. It's even more ridiculous because of the waivers that the participants signed. I wonder if there's any additional legal troubles that the owners will face apart from the items outlined in the waivers.
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#425 |
Cheat Death
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Hopefully they have some white dudes over 50 on their legal team
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#426 | |
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Moreover, I don't think you put your CEO in the doomed sub if you're trying to scam the insurance company. When you hear hooves - don't go lookin' for zebras.
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#427 |
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I'm not sure there's much the families could do with regards to litigation due to the nature of the waivers signed that also probably absolve OceanGate from indemnification (which I'm pretty sure won't be operating anymore after this).
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#428 | |
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But ultimately, OceanGate's looking at a zero-asset bankruptcy in fairly short order, I suspect. Something tells me they aren't exactly swimming in liquidity. Oh you can try to go after the CEO's estate but there are plenty of hurdles there as well - typically operating in his corporate capacity as CEO should insulate his personal assets. Now if they had themselves a juicy little 'key man' life insurance policy with OceanGate named as the beneficiary (completely legal, FYI) there's a decent little pot to target...
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#429 | ||
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Either way that brings open a can of worms with regard to public resources being used for commercialized travel that's risky like this or Space X/Virgin Galactic/Blue Origin. We don't really have a governing board or body for rescues in international waters, right? Quote:
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#430 | |
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I think that's why you see some of those fights over maritime law and salvage rights in international waters. Though I have no earthly idea how they tend to turn out. That's such a specialized field - there are probably like a dozen guys in the world that can speak intelligently to it.
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#431 | |
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#432 | |
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#433 | |
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#434 |
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#435 |
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Live footage just before the sub became inoperable.
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