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Court case rules
Princess Coup out of sale

CHAMPION New Zealand racemare Princess Coup will not be offered at this week's National Weanling, Broodmare and Mixed Bloodstock Sale at Karaka, it has been confirmed.

A statement on the website of auctioneers New Zealand Bloodstock reads: "Following the outcome of court proceedings in Hamilton between Princess Coup's owners Ray Coupland and John Bromley, Princess Coup has been withdrawn from the [...] sale."

The five-year-old daughter of Encosta De Lago's appearance at the sale hung on a highcourt ruling, after Coupland and Bromley fell out over the mare's future after her retirement from racing last November.

According to Australian website racingandsports.com.au, Brian Dickey, representing Bromley Bloodstock in the case, said that his client had been reluctant to sell Princess Coup, as he wanted to breed from her.

He did accept that selling her was the only way to resolve the conflict with Coupland. However, he said Bromley wanted the mare sold privately or at the Magic Millions National Broodmare Sale on the Gold Coast of Australia in June.

Coupland's lawyer Tony Nolan said in court that his client offered to sell a half-share in Princess Coup to Bromley for NZ$1 million. Helater reduced his NZ$2 million valuation of the mare to NZ$1.5 million, then to NZ$1.25 million and finally to NZ$1.1 million.

Coupland entered her in the Karaka sale as part of a draft consigned by Te Akau Stud after Bromley turned down each offer.

 

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