Flash update from New York (7pm Valencia Time)

Here is the latest information from New York, according to Alinghi: "Talks between Alinghi and BMW Oracle this morning were useful and constructive and the two parties will meet again in court at 14:00 before continuing to talk after that."

We are delighted to see that the cartoon on the left DOES NOT reflect the state of negotiations between Alinghi and BMW Oracle. We understand both parties will negotiate in front of Justice Cahn.

Note: All times are NY, add 6 hours to get the Central European Time.