Explorer's family could have difficulty winning their lawsuit against Titan sub owner, experts say

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Explorer's family could have difficulty winning their lawsuit against Titan sub owner, experts say
Richard DaynardPaul-Henri NargeoletNargeolet
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PORTLAND, Maine (AP) — A lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel...

PORTLAND, Maine — A lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel could be very difficult, legal experts said on Thursday.

Nargeolet's estate filed its lawsuit on Tuesday in King County, Washington, as OceanGate was a Washington-based company. A spokesperson for OceanGate declined to comment on aspects of the lawsuit. “A settlement is a possibility, but presumably if the case has a very tiny chance of winning, the settlement will be a tiny fraction of the amount sought,” Daynard said.

It wasn't surprising to see a lawsuit filed stemming from the Titan case, but Nargeolet's estate could be suing a company that has little assets, said Ted Spaulding, an Atlanta-based personal injury attorney. He characterized the lawsuit as a “Hail Mary” attempt at relief. GRANTS, NEW MEXICO, Aug. 08, 2024 -- Bright Green Corporation today announced that the Company has engaged an investment bank with vast experience to formally explore a $15.0 million debt financing to drive commercialization efforts forward on the first 20 acres of its recently U.S. Drug Enforcement Agency reinspected facility. In the interim, Bright Green has secured a $3.

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Richard Daynard Paul-Henri Nargeolet Nargeolet Civil Lawsuit The Titan Legal Experts

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