Back
Jack Nicklaus' Company Being Sued
By mustang6560 on 6/23/11
Life's not always peachy for the Golden Bear.

Jack Nicklaus and his company, the Jack Nicklaus Golf Club, is being sued by a Colorado couple for his role in a failed luxury resort in Utah.
E. Jeffrey Donner, a Fort Collins orthopedic surgeon, and his wife, Judee, claim the legendary golfer "solicited" them in 2007 to buy a $1.5 million membership and lot in the proposed Mount Holly Club, which was to include a Nicklaus-designed 18-hole golf course.

But when the $3.5 billion project near Beaver went belly up, the Donners claim Nicklaus and his company, Jack Nicklaus Golf Club, took no responsibility for the debts and obligations incurred by the primary developer, Mount Holly Partners LLC. The suit contends Nicklaus knew Mount Holly faced serious financial and legal problems but failed to disclose them.

The Donners seek to recoup their investment as well as punitive damages.
Do I think Donners were influenced to invest in the resort because of Jack Nicklaus' name? Absolutely. Should he be responsible because the company financing the project went belly up? Absolutely not.

This is the tricky part about doing business as a famous individual. Professional athletes and celebrities are often approached by businessmen who promise to help them grow their fortune, while at the same time making some money for themselves. The problem is, it doesn't always work out in the end.

I saw this first hand here in Jackson, Mississippi with Deuce McAllister. He is from Mississippi and played football at Ole Miss, then went on to play in the NFL for the New Orleans Saints. Deuce, who was looking to grow his money and brand image in the Jackson-area, went into business with a few people and got burned. So instead of growing his money, he lost money and the value of his name took a hit.

I doubt Jack will be found responsible for this and the value of his name won't suffer either. At worse, he'll settle for a smaller amount than what the Donnors want.



Full Story

photo by Keith Allison


[ comments ]
ahmedraza1001 says:
Really appreciate this wonderful post that you have provided for us.Great site and a great topic as well i really get amazed to read this. Its really good. international conference call china
10/5/18
 
ahmedraza1001 says:
You possess lifted an essential offspring..Blesss for using..I would want to study better latest transactions from this blog..preserve posting.. Aziende per demolizioni a quiliano
10/16/18
 
ahmedraza1001 says:
wow this saintly however ,I love your enter plus nice pics might be part personss negative love being defrent mind total poeple , La Manga Club Property
11/12/18
 
ahmedraza1001 says:
It is somewhat fantastic, and yet check out the advice at this treat. bandarq
12/3/18
 
ahmedraza1001 says:
This is helpful, nonetheless it can be crucial so that you can check out the following website: 토사랑
12/18/18
 
ahmedraza1001 says:
In this case you will begin it is important, it again produces a web site a strong significant internet site: best Tree removal services near
1/13/19
 
ahmedraza1001 says:
I can recommend primarily decent and even responsible tips, as a result view it: buy weed online
1/15/19
 
ahmedraza1001 says:
I most likely appreciating each and every bit of it. It is an incredible site and decent impart. I need to much obliged. Great employment! You all do an incredible blog, and have some extraordinary substance. Keep doing awesome. clenbuterol achat
2/25/19
 
ahmedraza1001 says:
Gives you the best website address I know there alone you'll find how easy it is. EOS Chat
3/16/19
 
ahmedraza1001 says:
You completed certain reliable points there. I did a search on the subject and found nearly all persons will agree with your blog. commercial cleaning services dubai
3/19/19
 
ahmedraza1001 says:
I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post. best fitness monitors
3/21/19
 
ahmedraza1001 says:
This is helpful, nonetheless it can be crucial so that you can check out the following website: Nano Hearing Aids
4/6/19
 
ahmedraza1001 says:
I have bookmarked your website because this site contains valuable information in it. I am really happy with articles quality and presentation. Thanks a lot for keeping great stuff. I am very much thankful for this site. 메이저놀이터
4/10/19
 
nawazosama666 says:
I use only high quality materials - you can see them at: justice glass repair
4/18/19
 
ahmedraza1001 says:
I'm impressed, I must say. Very rarely do I come across a blog thats both informative and entertaining, and let me tell you, you ve hit the nail on the head. Your blog is important.. 토토사이트
4/20/19
 
ahmedraza1001 says:
I like to recommend exclusively fine plus efficient information and facts, hence notice it: 여유증 수술
4/20/19
 
ahmedraza1001 says:
I have a similar interest this is my page read everything carefully and let me know what you think. 토토사이트
4/22/19
 
ahmedraza1001 says:
I encourage you to read this text it is fun described ... 룸알바
4/22/19
 
ahmedraza1001 says:
You possess lifted an essential offspring..Blesss for using..I would want to study better latest transactions from this blog..preserve posting.. 바카라사이트
4/22/19
 
nawazosama666 says:
On this subject internet page, you'll see my best information, be sure to look over this level of detail. Friv 2019
4/23/19
 
nawazosama666 says:
I use basically superior fabrics : you will discover these products by: Yeh Un Dinon Ki Baat Hai
5/2/19
 
ahmedraza1001 says:
I am interested in such topics so I will address page where it is cool described. pkv games
6/25/19
 
bandartogelonlineku@gmail.com says:
You have done a great job on this article. It’s very readable and highly intelligent. You have even managed to make it understandable and easy to read. You have some real writing talent. Thank you. Togel Online
6/29/19
 
ahmedraza1001 says:
Very interesting information, worth recommending. However, I recommend this: stuffed animals
7/2/19
 
luffypoker says:
Thank you for sharing this article. I really love it. Please keep sharing this article.poker online
8/1/19
 
ahmedraza1001 says:
I have a similar interest this is my page read everything carefully and let me know what you think. 바카라사이트
8/18/19
 
indobolaku says:
This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work. jasabola
8/25/19
 
ahmedraza1001 says:
This is very interesting content! I have thoroughly enjoyed reading your points and have come to the conclusion that you are right about many of them. You are great. Bitcoin Forum
8/26/19
 
ahmedraza1001 says:
You actually make it look so easy with your performance but I find this matter to be actually something which I think I would never comprehend. It seems too complicated and extremely broad for me. I'm looking forward for your next post, I’ll try to get the hang of it! Malta Real Estate
9/9/19
 
ahmedraza1001 says:
For this web site, you will see our account, remember to go through this info. زيادة الطول
9/23/19
 
indobola303 says:
Many thanks for sharing this very diverse opinion post where each expert has no doubt shared his best knowledge on the topic. Have more success in your journey.agen bola
10/2/19
 
ahmedraza1001 says:
I use basically superior fabrics : you will discover these products by: click here
10/11/19
 
ahmedraza1001 says:
This is my first time i visit here. I found so many entertaining stuff in your blog, especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the leisure here! Keep up the good work. I have been meaning to write something like this on my website and you have given me an idea. ray ban wayfarer replacement screws
10/18/19
 
ahmedraza1001 says:
Gives you the best website address I know there alone you'll find how easy it is. registered address
10/18/19
 
ahmedraza1001 says:
This is very interesting content! I have thoroughly enjoyed reading your points and have come to the conclusion that you are right about many of them. You are great. Chia se cach
Thursday
 
[ post comment ]
 
    Tour News
Most Popular:

Subscribe