[Source: BMW Oracle] The Golden Gate Yacht Club (GGYC) said today it will carefully consider the implications of todays ruling by the Appellate Division of the New York Supreme Court before deciding on its next step.

In a 3-2 decision, the Court ruled in favor of the Club Nutico Espaol de Vela (CNEV) as the challenger of record following a previous New York State Supreme Court decision last November that found CNEVs challenge was invalid.

We are surprised and disappointed by this ruling. We will now be taking legal advice and considering the next step, Tom Ehman, the clubs spokesman, said.
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