In Re Wechsler
District Court, D. Delaware
1Opinion of the Court
AMENDED OPINION
SLEET, District Judge.
I. INTRODUCTION.
Robert I. Wechsler once owned a vessel named the ATLAS. On November 23, 1996, this ship caught fire while it was docked at the Georgetown Yacht Basin. The fire damaged a portion of the dock and destroyed several of the surrounding boats. The resulting losses are estimated at over $1 million. Wechsler subsequently filed an action in admiralty with this court to limit his liability to cost of the only salvageable item left from the ATLAS after the fire — a brass propeller worth approximately $500. See 46 App. U.S.C.A. § 181 et seq. (West…
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