Nicklaus Sued For Course That Was Never Built
/Thanks to Pete Finch for Tweeting this Courthouse News report that Jack Nicklaus and Jack Nicklaus Golf Club LLC have been sued for his involvement in a project that was never built.
"Nicklaus and JNGC had knowledge of financial and other problems facing the Jack Nicklaus Golf Club/Mt. Holly and MHC, but failed to disclose that information," they add.
"When it became apparent that the Jack Nicklaus Golf Club/Mt. Holly had failed, Nicklaus walked away, claiming he was not responsible for the loss of the Donners' funds," according to the complaint.
The Donners say that in the promotional brochure Nicklaus called the resort "the ideal alpine setting. I knew from my first visit there that we had been given a canvas on which to design a truly spectacular golf course. I am so impressed with the Mt. Holly Club and its management team that I became a founding charter member. I look forward to seeing you there. Jack Nicklaus."
The Donners say never received the promised course-side real estate, nor did they get their money back.
They want a $1.5 million (!?!) membership fee returned, with interest along with exemplary damages for an assortment of other forms of misrepresentation, breach and negligence.