New York Supreme Court Justice Herman Cahn has postponed its decision in the case between Alinghi and Oracle over the next edition of the Cup.

The Judge heard arguments today over whether the Golden Gate Yacht Club has put forth a valid Deed of Gift challenge for the 33rd America's Cup to its current holder, Alinghi of the Société Nautique de Genève.

"We were glad to make our points and found the Court receptive to our arguments," said Lucien Masmejan, lead counsel for the SNG. "We look forward to a court order properly addressing the issue of the validity of the GGYC challenge."

In a letter submitted to the court, the International Sailing Federation confirmed that a keelyacht cannot be a multihull, supporting SNG's consistent position that the GGYC challenge is invalid.

The court had been expected to issue a ruling this week. But the Swiss team said the court is now expected to issue a final ruling next week.