Friday, May 8, 2009

BMW Oracle Closed Doors

The 33rd America's Cup defending yacht club, Société Nautique de Genève (SNG), regrets that the Challenger of Record, the Golden Gate Yacht Club (GGYC), rejected an invitation to resume talks on terms for the 33rd America's Cup. It also appears to have closed the door to other teams using its latest legal action to disregard Italian team Green Comm's challenge.

In a letter sent on 5 May, the SNG invited the GGYC to meet to continue discussions, including such areas as the date, the venue, the race format, the participation of other challengers and the presentation of the Custom-House Registry of vessel. To the SNG's disappointment, the GGYC responded simply by reminding the defending yacht club of the court hearing scheduled for the 14 May in New York.

The SNG plans to persevere with its appeal to GGYC to join its representatives around a table to discuss these matters face to face. The invitation to negotiate remains open.

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