On the Money: America's Cup legal risk, fluff, hydrogen hi-jinks, Bridges farewell, and more

Former Alinghi team legal adviser, Hamish Ross (pictured here left, in Valencia, 2007) has an interesting theory. (Image: NZME)

Pattrick Smellie

Sat, 07 May 2022

Welcome to On the Money, our weekly column about money and the people making it.A gift-wrapped America’s Cup cause of actionThe initial wave of outrage about the departure of Team New Zealand to defend The America’s Cup in Barcelona may be subsiding.But there is still a Venn Diagram-style overlap of Auckland lawyers and Auckland yachties who are not going to go quietly.To that end, America’s Cup lawyer Hamish Ross – part-owner of the 123-year-old gaff-rigged classic racer ‘Rainbow’ – has produced an int...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}