With the dwindling days of summer vacation and the promise of back-to-school sales and homework assignments on the horizon, families all over the United States will head to South Florida in droves for last-minute summer getaways. The area has plenty to offer that attracts millions of tourists every year from…
In the mid-nineteenth century, Congress passed the “Limitation Act” to induce capitalists to invest money in the maritime and shipping industries. The Act achieves this purpose by exempting allegedly innocent vessel owners from any liability beyond the value of their vessel, i.e. “the limitation fund.” In other words, where a…
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