Analysis-Titanic sub: victims' families could still sue despite liability waivers

A view of a boat with OceanGate branding within the boatyard near the company headquarters at the Port of Everett complex in Everett, Washington, U.S., June 22, 2023. REUTERS/Matt Mills McKnight

(Reuters) - Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel's owner from potential lawsuits by the victims' families, legal experts said.

The Titan submersible vanished on Sunday roughly two hours into its dive and was found in pieces on the ocean floor after what the U.S. Coast Guard said on Thursday was a "catastrophic implosion" of its pressure chamber.