Hedge Fund Tycoon Loses Ruling Over $40 Million WWII Shipwreck Treasure

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Hedge Fund Tycoon Loses Ruling Over $40 Million WWII Shipwreck Treasure
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(Bloomberg) -- One of Britain’s top hedge fund managers lost a legal fight over the salvage of $40 million of silver from the wreck of a ship sunk by a...

-- One of Britain’s top hedge fund managers lost a legal fight over the salvage of $40 million of silver from the wreck of a ship sunk by a Japanese submarine in World War II.Trump’s Private Life Exposed in Intimate Stormy Daniels Testimony

The treasure haul was aboard the SS Tilawa, which was sailing from Mumbai on its way to Durban in 1942 when it was struck by two torpedoes and sunk with the loss of 281 passengers and crew. The sinking has been dubbed “India’s Titanic” for the scale of the tragedy. The Supreme Court judges agreed, saying that the silver was a non-commercial cargo and the government was entitled to immunity.

The judge in Trump's criminal trial agreed to cancel court proceedings on May 17 so the former president could be in West Palm Beach with his son and familyReuters/Marco BelloFederal Judge Aileen Cannon announced Tuesday she was indefinitely postponing Donald Trump’s classified documents trial in Florida, putting the case on ice less than three weeks before it was slated to begin.The announcement likely means the case will not be tried until after the 2024 election.

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