The first financial petition filed in the Key Bridge accident in US District Court

The owner of the ship that is responsible for the Key Bridge collapse has filed a petition to seek a cap on damages at 43 million dollars.  The complaint asks the court to consolidate all claims and limit or deny liability under the limitation of liability act of 1851. Plaintiffs with a claim against the ship or responsible party will try to break the limit on liability.  According to the petition filed in court on Monday, the value of the Dali was 90 million when it left the Port of Baltimore. repair of the ship is expected to cost at least 28 million.  Salvage of the ship is likely going to cost at least 19.5 million.  It is unclear if the estimates of value will be accepted or disputed by the interested parties.  There is still a search for additional bodies that are missing.

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