PGA Tour files motion to add Saudi Arabia's Public Investment Fund to LIV Golf lawsuit

The motion, filed in the U.S. District Court for the Northern District of California, called for adding the Public Investment Fund along with Yasir Al Rumayyan, who serves as the governor of the fund, to the lawsuit due to their"active and central role" in getting golfers to abandon the PGA Tour."Recently produced documents confirm that PIF and Mr.

The PGA Tour later filed a counterlawsuit alleging LIV Golf colluded to get players to breach their contract with the tour and join the competing golf tour. "LIV intentionally and knowingly caused these players to breach their contractual obligations to the TOUR by mispresenting TOUR contracts; inducing these breaches by offering highly lucrative contracts that make it impossible for players to comply with their TOUR contracts; and providing extensive indemnification and hundreds of millions of dollars to compensate LIV players for these breaches," lawyers for the PGA Tour said.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Saudi Arabia Public Investment Fund that Started LIV Golf Tour Targeting Formula 1F1 rebukes FIA president Mohammed Ben Sulayem over ‘inflated value’ comments.
Источник: AutoweekUSA - 🏆 229. / 63 Прочитайте больше »

Microsoft makes new 'multibillion-dollar' investment in ChatGPT-maker OpenAIMicrosoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools... Nice ideas
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

State Senator Seeks Increased Investment In Maryland's Mental Health Trust FundMaryland is one of only 11 states to establish a trust fund to support and expand it's crisis intervention hotline. A state legislator representing part of Prince George's County wants to increase annual support in the state's budget. (via WYPR881FM) WYPR881FM $12,000 and $12,000,000 are a little different. WYPR881FM 12 thousand
Источник: DCist - 🏆 518. / 51 Прочитайте больше »