Prize (law)

Prize [pɹɑɪz] is a term used in admiralty law to refer to equipment, vehicles, vessels, and cargo captured during armed conflict. The most common use of prize in this sense is the capture of an enemy ship and its cargo as a prize of war. In the past, the capturing force would commonly be allotted a share of the worth of the captured prize. Nations often granted letters of marque that would entitle private parties to capture enemy property, usually ships. Once the ship was secured on friendly territory, it would be made the subject of a prize case, an in rem proceeding in which the court determined the status of the condemned property and the manner in which it was to be disposed of.

History and sources of prize law

At the outset, prize taking was all smash and grab "like breaking a jeweler's window," but by the fifteenth century a body of guiding rules, the maritime law of nations, had begun to evolve. Grotius's seminal treatise on international law published in 1604 called De Iure Praedae Commentarius (Commentary on the Law of Prize and Booty) (of which Chapter 12, "Mare Liberum" inter alia founded the doctrine of freedom of the seas) was an advocate's brief justifying Dutch seizures of Spanish and Portuguese shipping. Grotius defends the practice of taking prizes as not merely traditional or customary but just. His Commentary points out that the etymology of the name of the Greek war god Ares was the verb "to seize;" that the law of nations had deemed looting enemy property legal since the beginning of Western recorded history in Homeric times.

Latest News for: Prize law

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Delaware Lottery Play 3 Day, Play 3 Night winning numbers for March 20, 2025

Delaware Online 21 Mar 2025
18 states have laws that allow national lottery prize jackpot winners to remain anonymous, but is Delaware among them? ... Feeling lucky? Explore the latest lottery news & resultsAre you a winner? Here’s how to claim your lottery prize ... Establish legal ownership by signing the back of your ticket with an ink pen.Prizes up to $599....
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The Tariff Reckoning: America’s Economic Resolve in Trump’s Second Act

The American Spectator 21 Mar 2025
(RELATED ... On Feb ... Yet, the U.S ... In truth, these measures flow from a deep well of American resolve, tapped by laws like Section 232 of the 1962 Trade Expansion Act and Section 301 of the 1974 Trade Act — statutes predating Trump’s political career by decades ... lawful, deliberate, institutional ... We prize sovereignty — over borders, markets, and destiny ... ....
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Delaware Lottery Powerball, Play 3 Day winning numbers for March 19, 2025

Delaware Online 20 Mar 2025
18 states have laws that allow national lottery prize jackpot winners to remain anonymous, but is Delaware among them? ... Feeling lucky? Explore the latest lottery news & resultsAre you a winner? Here’s how to claim your lottery prize ... Establish legal ownership by signing the back of your ticket with an ink pen.Prizes up to $599....
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‘The Dream Hotel:’ a dystopian world in which people are detained for ...

The Lewiston Tribune 20 Mar 2025
What if those companies shared the information with a government intent on tracking our every move to determine not only if we had broken the law, but planned to commit crimes?. That’s the question that Pulitzer Prize finalist Laila Lalami explores in her new novel “The Dream Hotel,” published this month ... ....
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$2.5 million prize from Pennsylvania Lottery ticket remains unclaimed

York Daily Record 19 Mar 2025
That person won $2.5 million, but has not yet come forward to claim the prize, as of noon Monday ... Pennsylvania Lottery draw game prizes may be claimed up to one year from the drawing date ... "By law, unclaimed, expired lottery prizes remain in the Lottery Fund and are used to support programs benefiting older Pennsylvanians," the Lottery stated....
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Delaware Lottery Mega Millions, Play 3 Day winning numbers for March 18, 2025

Delaware Online 19 Mar 2025
18 states have laws that allow national lottery prize jackpot winners to remain anonymous, but is Delaware among them? ... Feeling lucky? Explore the latest lottery news & resultsAre you a winner? Here’s how to claim your lottery prize ... Establish legal ownership by signing the back of your ticket with an ink pen.Prizes up to $599....
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Google, Apple hit by twin EU rebuke amid big tech crackdown

Gulf News 19 Mar 2025
Meanwhile, Apple Inc. was told it must loosen the shackles on its prized iPhone operating system in order to comply with the law, approved last year to bolster the EU’s antitrust defenses against the power of Silicon Valley ... Compliance. “Let me be clear ... The measure targeting Apple is an “important step” toward opening its ecosystem, she added ... ....
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She won Lotto Texas jackpot but state isn't yet handing over the $83.5M: 'I'm just angry'

Austin American-Statesman 18 Mar 2025
17 drawing came forward to collect her prize Tuesday but was sent away empty-handed because of the ... I'm very disappointed," said the woman, who under the law governing the lottery is not required to give her name because her prize reached the $1 million threshold for privacy....
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Kremlin Feeds Trump Peace Crumbs Over the Phone

Free West Media 18 Mar 2025
Owing to Ukraine’s growing missile and drone capabilities Russia isn’t able to enact a blockade in accordance with prize law by intercepting and boarding merchant ships, and isn’t willing to go the “unrestricted” route and blockade Odessa by hitting merchants with mines and ......
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Kolkata-born Gayatri Spivak gets 2025 Holberg Prize

The Times of India 17 Mar 2025
Gayatri Chakravorty Spivak, literary critic and postcolonial scholar, is now in the city, her hometown, as she savours news of her receiving the 2025 Holberg Prize - the closest equivalent to the Nobel in the field of humanities, social sciences, law, or theology research - for ......
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Spivak wins Holberg, savours feat in hometown Kolkata

The Times of India 17 Mar 2025
Literary critic and postcolonial scholar Gayatri Chakravorty Spivak is now in Kolkata, her hometown, as she savours the news of her being bestowed with the 2025 Holberg Prize—the closest equivalent to the Nobel in the field of humanities, social sciences, law or theology ......
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Time running out to claim $2.5 million prize from Pa. Lottery ticket sold in Wayne County

Tri-County Independent 17 Mar 2025
That person won $2.5 million, but has not yet come forward to claim the prize, as of noon Monday ... Pennsylvania Lottery draw game prizes may be claimed up to one year from the drawing date ... "By law, unclaimed, expired lottery prizes remain in the Lottery Fund and are used to support programs benefiting older Pennsylvanians," the Lottery stated....
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Holberg bestowed on Spivak for groundbreaking work in literary theory, philosophy

The Times of India 17 Mar 2025
Kolkata-born literary critic and postcolonial scholar Gayatri Chakravorty Spivak has been awarded the 2025 Holberg Prize—the closest equivalent to the Nobel in the field of humanities, social sciences, law or theology research—for her groundbreaking work in literary theory and ......

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