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Trial Started Today in Fight Over Treasure Recovered from Sunken Ship

June 22, 2026 Alexa Shrake

A bench trial started today in a breach of contract case involving treasure recovered off the coast of the Bahamas. The parties are asking Chief U.S. District Judge Reed O’Connor to decide how to split the treasure.

Treasure hunters knew of the location of the sunken Spanish galleon, so Carl Allen and Texas-based Allen Exploration hired Daniel Porter and Maritime Research & Recovery to help locate and recover parts of the ship. The treasure was found, and now the parties are fighting over how it is divided.

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Alexa Shrake

Alexa covers litigation and trials for The Texas Lawbook.

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