How did RMS Titanic (RMST), Inc. gain rights to Titanic?
RMST, in compliance with admiralty law, recovered objects from the wreck site in 1993 and brought them into an admiralty court in Norfolk, Virginia. RMST went through the legal process of arresting the Ship and gave public notice that it intended to become salvor-in-possession and further invited any entity with a claim to come into the federal court and challenge their rights in achieving their goal. Representatives from over seven hundred insurance companies filed a claim, which was ultimately settled. On June 7, 1994, the United States District Court for the Eastern District of Virginia declared RMST salvor-in-possession of the wreck and wreck site of the RMS Titanic, excluding all others from going to the site for the purpose of recovery. RMST is the only entity that has recovered and conserved items from Titanic.
