GOLDEN GATE YACHT CLUB, Appellant,
v.
SOCIÉTÉ NAUTIQUE DE GENÉVE, Respondent, and
CLUB NÁUTICO ESPAÑOL DE VELA, Intervenor-Respondent.
Court of Appeals of New York.https://leagle.com/images/logo.png
Argued February 10, 2009.
Decided April 2, 2009.
Attorney(s) appearing for the Case
Latham & Watkins LLP, Washington, D.C., and New York City (Maureen E. Mahoney of the District of Columbia bar, admitted pro hac vice, J. Scott Ballenger, Derek D. Smith, James V. Kearney and Aaron Siri of counsel), for appellant.
Simpson Thacher & Bartlett LLP, New York City (Barry R. Ostrager, Jonathan K. Youngwood, George S. Wang and Laura D. Murphy of counsel), for respondent.
Debevoise & Plimpton LLP, New York City (David W. Rivkin, Jeremy Feigelson and Catherine M. Doll of counsel), for intervenor-respondent.
Carter Ledyard & Milburn LLP, New York City (Jeffrey Boxer, Vincent Monte-Sano and Laura Anne Reeds of counsel), for New York Yacht Club, amicus curiae.
Sheppard, Mullin, Richter & Hampton LLP, New York City (Elizabeth M. Rotenberg-Schwartz of counsel), for San Diego Yacht Club Sailing Foundation and another, amici curiae.
Troutman Sanders LLP, San Diego, California, and New York City (Roy Morrow Bell, Aurora Cassirer and Stephen G. Rinehart of counsel), for William I. Koch, amicus curiae.
Menz Bonner & Komar LLP, New York City (John R. Menz and Patrick D. Bonner, Jr., of counsel), for Team French Spirit and others, amici curiae.
Menz Bonner & Komar LLP, New York City (John R. Menz and Patrick D. Bonner, Jr., of counsel), for Deutscher Challenger Yacht Club and others, amici curiae.
Friedman Kaplan Seiler & Adelman LLP, New York City (Lance J. Gotko of counsel), for Reale Yacht Club Canottieri Savoia and another, amici curiae.
Meiselman, Denlea, Packman, Carton & Eberz P.C., White Plains (Christine M. Ford of counsel), for City of Valencia, Spain, amicus curiae.
Judges GRAFFEO, READ, SMITH, PIGOTT and JONES concur; Chief Judge LIPPMAN taking no part.
Court of Appeals of New York.
OPINION OF THE COURT
CIPARICK, J.
This appeal involves the preeminent international sailing regatta and match race, the America's Cup. We had occasion once before to examine the charitable trust that governs the competition. In Mercury Bay Boating Club v San Diego YachtClub (76 N.Y.2d 256 [1990]), we strictly construed the provisions of the trust instrument, the...
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