Tuesday, October 27, 2009

Statement from Société Nautique de Genève on GGYC fiduciary challenge

[Source: Alinghi] “By filing their eighth legal action against the Defender of the America's Cup in two years, Larry Ellison and his Golden Gate Yacht Club (GGYC) have demonstrated yet again that their true intention is to win sailing's most prestigious trophy in court instead of on the water. After failing in their attempts to circumvent the terms set in the governing Deed of Gift, Ellison is now seeking to snatch the Cup from Société Nautique de Genève (SNG) with a new round of baseless allegations,” said Fred Meyer, Société Nautique de Genève Vice-Commodore. “As two-time winner of the America's Cup and organiser of what was widely considered the most successful America's Cup event ever in Valencia, Spain, in 2007, SNG and Alinghi will continue to fight for their legitimate rights in order to promote the sport of sailing around the world. We hope that GGYC will abandon this unsportsmanlike conduct and either join the competition on the waters off Ras Al Khaimah this February or let other teams who want to participate challenge for the Cup,” he concluded.

Alinghi team skipper Brad Butterworth said: “BMW Oracle should clean up their unsportsmanlike behaviour with a dose of saltwater and sunshine and challenge for the Cup on the water. Otherwise they should stand aside and let other teams compete.”

"The complaint is an affront to the America's Cup, to the UAE, to our country's relationship with an important ally, and to the judicial process. It is just a PR stunt. There is nothing in the complaint that hasn't been the subject of prior or pending legal proceedings. Basically, GGYC doesn't want to race SNG on the water after it disenfranchised 19 other clubs from competing in an elimination series and dislocated hundreds of sailors and participants in the sailing industry,” concluded lead counsel for the Société Nautique de Genève, Barry Ostrager of Simpson Thacher & Bartlett.

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At 10:33 AM, Anonymous Anonymous said...

Oracle should have talked about the dozens of thousands of acres Bertarelli bought in 2004 and then in 2007 in Segundo, just north of Valencia.

At 10:47 AM, Anonymous Anonymous said...

TO 10:33
Can you please show the befinning of an inch of proof of what you state?
BOR lies enough in its sttement not to invent stupid assertions like yours.

At 10:51 AM, Anonymous Anonymous said...

TO 10:33
If you can show the befinning of a proof supporting your statement, you would be a hero.
There are enough lies in BOR documents not to add inventions like the one you propose.

Show us the facts! Show us the facts!

At 12:12 PM, Anonymous Anonymous said...

"GGYC, and its sailing team, BMW ORACLE Racing, remain committed to sailing the Match on the dates in February 2010 set by the Court. There is no desire by this action to change Alinghi’s role as SNG’s sailing team and defender."

It's time Alinghi stop accusing them of wanting to win in court. BOR is fully prepared to race and win on the water.

At 12:26 PM, Anonymous Anonymous said...

I'm fed up about that AC bullshit. Wake me up when the real race starts.

At 2:35 PM, Anonymous Anonymous said...

SNG should also mention in their letteer that they have clearly lost on most of the cases in court suggesting that indeed, they were doing something wrong and BMW Oracle was right to contest that in court. But who is to be blamed for that????

At 2:46 PM, Blogger Jeff said...

Yeah if BMWO didn't want to race Alinghi then why did they make it clear in their filing that Alinghi should remain as the defending team for AC33?

At 4:01 PM, Anonymous Anonymous said...

Maybe BMWOR should explain why they refused to back down at the request(pleading)of most Challengers in October 2007 when Alinghi agreed to change the design rule to satisfy His godliness Russell Coutts

At 5:04 PM, Blogger Wet said...

Well RAK just got thrown out by the judge. That means another statement coming soon from SNG/Alinghi. Things just got really interesting.

If SNG/Alinghi appeals the ruling that throws out RAK does that mean they don't want to win on the water? lol

At 5:43 PM, Anonymous Anonymous said...

Judge has ordered from the bench that RAK is NOT Deed legal.

Hence the Judge Cahn order does mean Valencia can be used for the NH & SNG can choose SH. If SNG wants NH but not Valencia they have to get consent from GGYC.

At 6:53 PM, Anonymous Anonymous said...

BMW/Oracle and GCYC are american's. The judge is american. I don't know...
Something is not right and I don't see a neutral judgement in that case for either part.
DOWN with America's Cup, enough of bullshit. Let's sail and foget about those huge egos involved, this is not about sailing and competiton anymore or never was.


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