Update from Alinghi: Judge Cahn considers SNG’s arguments on invalidity of GGYC challenge

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- ISAF Letter

[Source: Alinghi] (New York, 23 January 2008) New York State Supreme Court Justice Herman Cahn heard arguments today over whether the Golden Gate Yacht Club has put forth a valid Deed of Gift challenge for the 33rd America’s Cup to its current holder, the Société Nautique de Genève and its team Alinghi.

“We were glad to make our points and found the Court receptive to our arguments,” said Lucien Masmejan, lead counsel for the SNG. “We look forward to a court order properly addressing the issue of the validity of the GGYC challenge.”

Justice Cahn allowed the SNG to further examine arguments put by the GGYC and invited SNG to present additional submissions on Monday on these issues, including on the definition of a keelyacht versus a multihull. SNG’s submissions will be supported by the interpretation from the International Sailing Federation which was presented to the court (in attachment).

A result in SNG’s favour would put the 33rd America’s Cup back on track with a multi-challenge event in 2011 in Valencia, Spain. As Defender of the America’s Cup, the Deed of Gift gives Alinghi and SNG, as trustee, the serious responsibility of preserving the integrity of this world class sporting event.