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Soci?t? Nautique de Gen?ve wins America's Cup appeal

Posted 3 months, 26 days ago

Soci?t? Nautique de Gen?ve wins America's Cup appeal
New York (US) - (2008-07-29) The Appellate Division of the New York Supreme Court today ruled in favour of the Soci?t? Nautique de Gen?ve (SNG) declaring Club N?utico Espa?ol de Vela (CNEV) the rightful Challenger of Record for the 33rd America's Cup and denying the Golden Gate Yacht Club (GGYC) this status. Ernesto Bertarelli, Alinghi president, comments: ''We are delighted with this result; we can now continue with our vision of a multi-challenger event. The court's decision validates our actions and enables us to put the America's Cup back on the water.'' Lucien Masmejan, SNG lead counsel, comments: ''After a year of litigation interference by the GGYC, we are extremely pleased that the Appellate Division has found its challenges to SNG's conduct of the 33rd America's Cup baseless. The GGYC's actions have wasted a lot of time, effort and resources over the past year and we hope that it does not appeal. We must now evaluate whether adjustments have to be made due to the time c ... continua ... Full Story »

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