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Sailing – America’s Cup Legal settlement unshackles the next Match

   Posted by: admin   in Boating, Sailing

All litigation in the 33rd America’s Cup has been discontinued, following an acceptance of an agreement announced between the four parties today. 

The dropping of the litigation will allow the formal handover of the various properties associated with the America’s Cup and which are held by the Defender, in its joint role of Trustee of the America’s Cup to which the custodianship of the trophy and the organization of the next Match is enshrined in the 19th century Deed of Gift which governs the event

After losing the trophy in over four weeks ago, Societe Nautique de Geneve and Team Alinghi apparently did not  …  Details

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This entry was posted on Friday, March 26th, 2010 at 5:53 pm and is filed under Boating, Sailing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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