BMW Oracle files Breach of Fiduciary Duty suit against America's Cup Trustee

Reckless and repeated disregard in its stewardship of the America’s Cup by the Société Nautique de Geneve (SNG) has prompted the Golden Gate Yacht Club (GGYC) to ask the New York Supreme Court to remove the Swiss yacht club from its position as Trustee in a Breach of Fiduciary Duty complaint filed today.

[readon1 url="https://valenciasailing.blogspot.com/2009/10/bmw-oracle-files-breach-of-fiduciary.html"]Source: Valencia Sailing[/readon1]