Golden Gate hauls Cup trustee to court
Source: Agencies |
October 28, 2009, Wednesday
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Print Edition
Print Edition
SAN Francisco's Golden Gate Yacht Club has taken legal action to try to remove Swiss yacht club Societe Nautique de Geneve as America's Cup trustee.
Golden Gate filed a breach of fiduciary duty complaint with the New York State Supreme Court on Monday night asking that SNG be replaced by a "faithful trustee" while still allowing the Swiss to participate in the 33rd America's Cup as defender, or to allow SNG as trustee and appoint a neutral party to administer the best-of-three showdown.
GGYC said it filed the complaint in an attempt to get a legitimate venue and fair rules for the racing, set to begin on February 8 in multihulled boats.
The filing is separate from GGYC's request that the court reject Ras al-Khaimah, UAE, as the venue for the racing.
Golden Gate filed a breach of fiduciary duty complaint with the New York State Supreme Court on Monday night asking that SNG be replaced by a "faithful trustee" while still allowing the Swiss to participate in the 33rd America's Cup as defender, or to allow SNG as trustee and appoint a neutral party to administer the best-of-three showdown.
GGYC said it filed the complaint in an attempt to get a legitimate venue and fair rules for the racing, set to begin on February 8 in multihulled boats.
The filing is separate from GGYC's request that the court reject Ras al-Khaimah, UAE, as the venue for the racing.
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