In response to the initiation of Contempt of Court proceedings, Société Nautique de Genève, the Defender of the America’s Cup have issued the following statement:
‘BMW Oracle Racing (BOR) and its club Golden Gate (GGYC) have again chosen the New York law courts, instead of accepting an invitation to another meeting to discuss the terms of the 33rd America’s Cup. They have ignored both our proposal to open the competition to other challengers and our invitation to agree to mutual consent terms.
As Defender of the America’s Cup, Alinghi and the Société Nautique de Genève (SNG) are duty bound to fulfill the Deed of Gift that governs the event. The document clearly states that … Details