Jack Nicklaus Sued by Nicklaus Corporations for Breach of Contract

Home » Jack Nicklaus Sued by Nicklaus Corporations for Breach of Contract

I ran throughout this information on Twitter. I needed to learn it once more. It is actual, and has been picked up by a number of golf media retailers.

Miceli wrote:

On Could 13, a grievance filed within the Supreme Court docket of the State of New York towards the 82-year-old golf legend alleged a breach of contract with the Nicklaus Corporations in addition to tortious interference and breach of fiduciary obligation.

In response to the grievance, Nicklaus was paid $145 million in 2007 to offer unique companies and property to the Nicklaus Corporations, which over time he has did not dwell as much as or has labored towards the corporate straight.

In a press release by way of his group, Nicklaus stated, “The claims made by Howard Milstein are unfaithful.”

SI/Morning Learn later up to date its story to incorporate this assertion from the Nicklaus Corporations:

Now we have nice admiration and large respect for Jack and his legacy and have tried the whole lot to keep away from taking this step. We’re asking the courtroom to kind out the authorized obligations of the events in order that there is no such thing as a confusion or misunderstanding going ahead.

We’re saddened to be put in a scenario that now requires intervention from a courtroom, however we’ve got a accountability to Nicklaus Corporations and its staff, in addition to to our clients and companions, to make sure that nothing disrupts the continued enterprise of the corporate. We’re assured that working collectively we will resolve this rapidly and amicably.

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