Monday, August 04, 2008
BMW Oracle Appeal against Tuesday’s Decision
Following Tuesday’s surprising decision by the New York Supreme Court of Appeal re-instating Spanish yacht club CNEV as a valid challenger for the America’s Cup, Golden Gate Yacht Club have announced that they have lodged their own appeal. In a statement issued yesterday they stated: “We believe the Challenger of Record has to be a real yacht club. It cannot be something that is manufactured with a defender to set up a one-sided event. This decision would set an absurd precedent,” Tom Ehman, the club’s spokesman said. “We believe we have an excellent case for winning on appeal.”
GGYC had thirty days in which to decide whether or not to proceed. The good news is they took the decision quickly; the bad news: summer recess and the Court is unlikely to set a date much before October.