Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, May 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Monopoly Alleged For America’s Cup

MANHATTAN (CN) - In a federal antitrust complaint, Team New Zealand Ltd. claims the Societe Nautique De Geneve Team Alinghi, AC Management, and Ernesto Bertarelli are monopolizing the market to sell sponsorships for America's Cup sailing teams.

Team New Zealand claims the defendants conspired with a "sham yacht club" from Spain - Real Federaction Espanola de Vela - to keep control of the Cup races in their hands. (Click the icon to see a related complaint in state court involving the same parties.)

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.