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Shipwreck company suing NC over 'treasure' linked to Blackbeard petitions for dismissal

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RALEIGH, North Carolina — A Florida-based company engaged in a legal battle with North Carolina over treasure linked to Blackbeard's flagship is dropping its case for now.

An attorney representing Intersal Inc. gave notice to the state Office of Administrative Hearings on Tuesday of voluntary dismissal of the case without prejudice.

Intersal discovered the Queen Anne's Revenge almost 20 years ago and got a contract for rights to photos and videos of the wreck and of the recovery, study and preservation of historic artifacts.

Meanwhile, North Carolina developed the discovery into museum exhibits, and photos and video on websites and on social media.

Intersal said the state violated the contract with its displays. The company sought $7 million for alleged misuse and $7 million from the state Department of Cultural Resources.

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