By Breaking Legal News, Breaking Legal News.
A federal judge has ruled against a deep-sea exploration company in a dispute with Spain over 17 tons of silver coins recovered from a sunken 19th century Spanish galleon.Florida-based Odyssey Marine Exploration Inc., which found the treasure off the Portuguese coast in 2007, had requested a stay after a federal court in Atlanta ruled last year the explorers must give the treasure back to the Spanish government.
In an order Tuesday, a U.S. circuit court judge denied the company's motion for a stay.
In court documents, the exploration firm said it wanted to stay the proceedings until the U.S. Supreme Court could consider the case.
Odyssey had said in court filings that such a denial might mean Spain will keep the treasure forever. Spain's position is that it is not subject to the jurisdiction of the U.S. courts, Odyssey said.
Originally posted at Breaking Legal News. Please visit http://www.breakinglegalnews.com/.



