Golden Gate YC files an appeal while holding out for a settlement to its dispute with the Swiss

Golden Gate Yacht Club (GGYC) filed its Appeal Brief in the New York State Court of Appeals yesterday (29 September), while at the same time holding out for a settlement to the more than 12-month dispute. That settlement is based on the 33rd America’s Cup being sailed under conditions that prevailed for the 32nd America’s cup and would be a multi-challenger event.

GGYC spokesperson Tom Ehman said, “At their meeting this weekend, Larry Ellison and Ernesto Bertarelli agreed to continue discussions that could bring an end to this legal battle. However, no dates for further meetings have been set, and we do not expect an immediate resolution. Today, we filed our appeal brief with the New York State Court of Appeals to meet the Court’s deadline.”

“Our offer still stands: we will withdraw our appeal to the New York Court of Appeals if Mr Bertarelli agrees to return to a multi-challenger event for the 33rd America’s Cup with fair and competitive rules similar to those used for AC32.”