Talbot and the hull syndicate decided not to change course. They would continue to pursue a defensive legal strategy against Marios Iliopoulos, the Brillante’s owner, while searching for concrete evidence of fraud. But a few weeks after the market meeting, RSA, Zurich, and Allianz quietly settled with the salvors, writing out a check for $34 million. Some in the cargo syndicate were disgusted at how easily their colleagues had given up.
