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continuing saga of salvage
as a result of hurricane sandy, my bloat, which had been on blocks for
winter stoarge, floated off the blocks and was salvaged by seatow. they wanted $150/ft for salvage. i have a very old tollycraft 26' and, quite frankly, it's not worth that amount of money. i called seatow and told them that in october. haven't heard back. my wife, who's an attorney, and i looked up the rules of salvage...apparently 'blackwall rules' limit the value of salvage claims to about 10-30% of the boat unless it was a risky or particularly involved salvage. so it seems that, according to law, their options are limited since i haven't heard from them in months, anyone know what's going on? salvage was not covered under my crappy insurance policy (who the hell buys salvage insurance for a boat you take out perhaps 2x a year?) so what do you think? |
continuing saga of salvage
On Jan 20, 4:23*pm, wrote:
On Sun, 20 Jan 2013 17:13:39 -0500, bob wrote: as a result of hurricane sandy, my bloat, which had been on blocks for winter stoarge, floated off the blocks and was salvaged by seatow. they wanted $150/ft for salvage. i have a very old tollycraft 26' and, quite frankly, it's not worth that amount of money. i called seatow and told them that in october. haven't heard back. my wife, who's an attorney, and i looked up the rules of salvage...apparently 'blackwall rules' limit the value of salvage claims to about 10-30% of the boat unless it was a risky or particularly involved salvage. so it seems that, according to law, their options are limited since i haven't heard from them in months, anyone know what's going on? salvage was not covered under my crappy insurance policy (who the hell buys salvage insurance for a boat you take out perhaps 2x a year?) so what do you think? Bob, your wife is an attorney and you ask us? Do you two communicate? Seriously, it is time to ask them for a written response. You are probably small fry, so I don't think it is worth it to them to pursue you. Who has custody of the boat? That may help some, but your real problem is that they can shift focus from you and bring suit against the boat "In Rem." You need to discover their intent. Either that or they're trying to squeeze more storage fees. |
continuing saga of salvage
On Sun, 20 Jan 2013 17:13:39 -0500, bob wrote:
as a result of hurricane sandy, my bloat, which had been on blocks for winter stoarge, floated off the blocks and was salvaged by seatow. they wanted $150/ft for salvage. i have a very old tollycraft 26' and, quite frankly, it's not worth that amount of money. i called seatow and told them that in october. haven't heard back. my wife, who's an attorney, and i looked up the rules of salvage...apparently 'blackwall rules' limit the value of salvage claims to about 10-30% of the boat unless it was a risky or particularly involved salvage. so it seems that, according to law, their options are limited since i haven't heard from them in months, anyone know what's going on? salvage was not covered under my crappy insurance policy (who the hell buys salvage insurance for a boat you take out perhaps 2x a year?) so what do you think? I'm not an attorney, so can't give advice, although I agree with what bayboat said. In any case, it's interesting, so please keep us posted. Salmonbait -- 'Name-calling'...the liberals' answer to a lost argument! |
continuing saga of salvage
On Sun, 20 Jan 2013 19:20:28 -0800 (PST), Tim wrote:
On Jan 20, 4:23*pm, wrote: On Sun, 20 Jan 2013 17:13:39 -0500, bob wrote: as a result of hurricane sandy, my bloat, which had been on blocks for winter stoarge, floated off the blocks and was salvaged by seatow. they wanted $150/ft for salvage. i have a very old tollycraft 26' and, quite frankly, it's not worth that amount of money. i called seatow and told them that in october. haven't heard back. my wife, who's an attorney, and i looked up the rules of salvage...apparently 'blackwall rules' limit the value of salvage claims to about 10-30% of the boat unless it was a risky or particularly involved salvage. so it seems that, according to law, their options are limited since i haven't heard from them in months, anyone know what's going on? salvage was not covered under my crappy insurance policy (who the hell buys salvage insurance for a boat you take out perhaps 2x a year?) so what do you think? Bob, your wife is an attorney and you ask us? Do you two communicate? Seriously, it is time to ask them for a written response. You are probably small fry, so I don't think it is worth it to them to pursue you. Who has custody of the boat? That may help some, but your real problem is that they can shift focus from you and bring suit against the boat "In Rem." You need to discover their intent. Either that or they're trying to squeeze more storage fees. Now *that* is an interesting thought. At $100/day, or whatever they decide to charge, those could get expensive. Salmonbait -- 'Name-calling'...the liberals' answer to a lost argument! |
continuing saga of salvage
On Sun, 20 Jan 2013 17:13:39 -0500, bob wrote:
as a result of hurricane sandy, my bloat, which had been on blocks for winter stoarge, floated off the blocks and was salvaged by seatow. they wanted $150/ft for salvage. i have a very old tollycraft 26' and, quite frankly, it's not worth that amount of money. i called seatow and told them that in october. haven't heard back. my wife, who's an attorney, and i looked up the rules of salvage...apparently 'blackwall rules' limit the value of salvage claims to about 10-30% of the boat unless it was a risky or particularly involved salvage. so it seems that, according to law, their options are limited since i haven't heard from them in months, anyone know what's going on? salvage was not covered under my crappy insurance policy (who the hell buys salvage insurance for a boat you take out perhaps 2x a year?) so what do you think? You might want to have your wife (she may have done so already) look into what maritime law says about salvage and liability. I think pursuing seatow and getting a definitive answer on their assumptions would be prudent. That way you won't be supervised by any attempt to collect down the road, with interest or whatever attorney fees they might incur. And, you'll sleep more soundly, or not. |
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