Appellate Division Ruling in ADM vs. GGYC

(June 25, 2013) – The Appellate Division of the New York Supreme Court ruled today on Golden Gate Yacht Club’s motion to dismiss Africa Diaspora Maritime’s lawsuit against GGYC, which had been denied entry in the 34^th America’s Cup. The Appellate Division upheld the lower court’s decision dismissing ADM’s claims for breach of trust and breach of fiduciary duty. It reversed the decision, however, of the lower court on ADM’s breach of contract claim. Click here to read statement by Vice Commodore Tom Ehman.