Monday, April 14, 2008

America’s Cup Defender changes jurisdiction to secure a competitive Match in 2009

[Source: Alinghi] (New York, 14 April 2008) The Société Nautique de Genève (SNG) has today announced that it proposes to file an immediate appeal with the New York Appellate Court in order to accelerate the current legal process to return the America's Cup to the water with a competitive race. The intransigency of Golden Gate Yacht Club (GGYC) since the day they filed their law suit has forced SNG to move the case to the next level in the New York legal system. In an attempt to obtain a swift resolution to the current uncertainty, an expedited process is being requested together with a motion to stay the case, this in order to suspend the implementation of Justice Cahn’s previous order until the Appellate Court rules.

In line with standard legal practice, if the motion to stay and the expedited appeal process are granted, the Appellate Court could issue an order before the end of the June term enabling the competition to take place in accordance with the Deed of Gift, approximately 10 months later.

Lucien Masmejan, SNG’s lead counsel, explains: “Our sole objective is to race in a competitive America’s Cup Match. We have stated our desire for a fight on the water sometime after May 2009, but GGYC continue with the destructive strategy that has already eliminated all other challengers. They also refuse to provide the required information on their boat so in order to have a competition in 2009, worthy of the America’s Cup, GGYC’s obstructive tactics leave us no choice but to appeal to achieve our objective.”

“We believe that the precedent set by the Mercury Bay Case in the eighties is supportive of the content of our appeal and look forward to the Appellate Court resolving matters in a timely manner.”

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At 7:43 PM, Blogger christopher said...

ohh boy!
They should just cop a plea deal with the judge. 10 months jail time.

At 8:10 PM, Anonymous Anonymous said...

Drop the facade! Statement should have read: SNG has decided to execute it's legal rights to attempt to delay AC33 in order to have time to build boats that can win against BOR. This delay will, of course, adversly affect all other teams but it's in our best interests. End of story.

At 4:25 AM, Anonymous Anonymous said...

But really, what are the appeling? Aren't we still waiting for the judge to take a decision?

At 9:53 AM, Anonymous Anonymous said...

The story is even sadder: Alinghi is desperately trying to keep 150 million they have to return to Valencia!!! New agreement is 50 million in 2009, 100 million in 2011. Wouldn’t you appeal if you had to return all that money? Do you really believe it'a a matter of fair competition? CMON!


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