Colombia Objects To Diving Company’s $10B Claim For Shipwrecked Treasure

(September 25, 2023, 10:09 AM EDT) -- THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) published the Republic of Colombia’s objections to arbitration claims for more than $10 billion brought against it by an American diving company that claims that it was deprived of its share of “the biggest treasure in the history of humanity,” a Spanish galleon which sunk in 1708 that Colombia asserts it alone discovered....