The America’s Cup Arbitration Panel decision finding all three Late Entry challenges to be valid has been released today - News - NAUTICA REPORT
Turismo e ormeggi
Lido di Venezia
Il Lido di Venezia è una sottile isola che si allunga per circa 11 km tra la laguna di Venezia ed il mare Adriatico.   Delimitata dai porti di San Nicolò e Malamocco è 
Fonte: wikipedia.org e Nautica Report
Titolo del: 22/03/2019 07:00
News / The America’s Cup Arbitration Panel decision finding all three La...
The America’s Cup Arbitration Panel decision finding all three Late Entry challenges to be valid has been released today

The America’s Cup Arbitration Panel decision finding all three Late Entry challenges to be valid has been released today

15 March 2019

The Challenger of Record and the Defender had already reached a settlement agreement under which the validity of the Challenges was accepted and issued a Protocol amendment allowing for the Late Entry to be paid by deferred instalments.

 

However, despite this collaborative agreement, the New York Yacht Club elected to continue to pursue the case. This anti-competitive action has caused further delays and uncertainty for the teams and frustrated the Challenger of Record and the Defender who have been working together in the best interests of the event.

 

As a result of the delay there are now concerns as to the likelihood of the Maltese Malta Altus Challenge being able to continue. However, the Challenger of Record and the Defender continue to work with DutchSail and Stars & Stripes to enable them to make the start line in Auckland in 2021.

 

The Panel also found that the payment of entry fees is a condition to their being able to race in the America’s Cup not a condition of their being an accepted Challenger meaning that Entry fees have only to be paid before the first race of the competition.

 

Arbitration Panel decision:

Cases 02 and 03

Case 04

 

www.americascup.com

Fonte: americascup.com
Titolo del:
TI POTREBBE INTERESSARE ANCHE

The Ocean Race enters new era with global launch event

March 21, 2019 19:00 UTC

The Ocean Race revealed its new brand identity and confirmed two te...

Golden Globe Race - DAY 263: Istvan Kopar secures 4th place in the Golden Globe Race

Dateline: 21/3/2019 Les Sables d’Olonne, France

American Hungarian solo yachtsman Istvan Kopar finally reached the ...

Superyacht: al Captains Forum otto cantieri italiani nel ranking mondiale dei big

Viareggio, 21 marzo 2019

Otto cantieri italiani nel ranking dei big. Proposta per un cluster...

Rio Yachts: appuntamento al Navigare 2019

Napoli, 30 Marzo - 7 Aprile 2019

RIO YACHTS invita gli armatori partenopei alla 32° manifestazio...

The Ocean Race: Join our global launch event !

Welcome to The Ocean Race! The future is loading – and you're invited ! &...

© COPYRIGHT 2011-2019 - NAUTICA REPORT - REG. TRIBUNALE DI ROMA N.314 - 27-12-2013 - WAVE PROMOTION SRLS - P.IVA e C.F.12411241008 - REA: RM - 1372808



iubenda

HOME - REDAZIONE - MEDIA KIT - LAVORA CON NOI