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 shops.

Miceli wrote:

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

Based on the grievance, Nicklaus was paid $145 million in 2007 to offer unique providers and property to the Nicklaus Corporations, which over time he has didn’t reside as much as or has labored in opposition to the corporate straight.

In a press release by his group, Nicklaus mentioned, “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:

We’ve nice admiration and super respect for Jack and his legacy and have tried every part to keep away from taking this step. We’re asking the court docket to type out the authorized tasks of the events in order that there isn’t a confusion or misunderstanding going ahead.

We’re saddened to be put in a scenario that now requires intervention from a court docket, however we’ve a duty to Nicklaus Corporations and its workers, 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 are able to resolve this shortly and amicably.

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