Tuesday, March 18, 2008

GGYC: Court Order Confirms GGYC America’s Cup Challenge

[Source: Golden Gate Yacht Club] Valencia, Spain, March 18, 2008: Justice Herman Cahn of the New York State Supreme Court today issued an order confirming the validity of Golden Gate Yacht Club’s challenge for the 33rd America’s Cup and rejected a late-stage bid by the defender to re-argue the court’s earlier ruling in GGYC’s favor.

“We are very pleased with this decision. The Court has ruled that our challenge complied fully with the Cup’s Deed of Gift, and we are now keen to keep moving forward towards the next regatta,” Tom Ehman, the club’s spokesman said. In its order today the Court reconfirmed its November 27 decision that GGYC was the valid challenger for the Cup.

The defender, Societe Nautique de Geneve (SNG), had filed a motion to re-argue that decision based on a new claim that the American club’s challenge was invalid under the Deed, but this was rejected by the court.

A Deed of Gift match is being held as the defender made it clear it did not wish to take up GGYC’s offers made before and after the court’s ruling in November of a conventional regatta with rules agreed by mutual consent and involving all teams.

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