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Titleist Files Suit Against Taylormade and Villegas
#1
Posted 05 August 2010 - 08:29 PM
In a press release distributed on August 3rd, TaylorMade’s president and CEO announced that Villegas will join the TMaG tour staff beginning in 2011, and stated that more information will be revealed on September 9, 2010. It further noted that Villegas will join “other members of the renowned TaylorMade Tour Staff,” including Kenny Perry and Mike Weir, both of whom are under contract with Acushnet Company to play Titleist golf balls and wear Titleist or FootJoy golf gloves.
“It is unconscionable that this competitor would interfere with a player’s contract by publicly announcing its intentions with that player during his contract term with another company,” said Joe Nauman, Executive Vice President, Corporate and Legal, Acushnet Company. “The timing of TMaG’s press release was obviously calculated to harm Acushnet Company and diminish the value of Camilo’s endorsements. The behavior of TMaG and Camilo’s agent is reprehensible, causing Acushnet Company irreparable and significant damage. Camilo is under contract with Acushnet Company through the end of the year and we expect the agreement to be honored throughout the term. We fully expect the Court to act quickly in granting the preliminary injunction and providing the other relief being sought.”
#2
Posted 05 August 2010 - 09:16 PM
#3
Posted 05 August 2010 - 11:48 PM
Cobra SS 15* w/Matrix XCON6 X
Swing Science S800 18* hybrid w/Aldila DVS 70X
Swing Science S800 Forged 4I-PW 1* strong w/DG S300
Maltby Tricept Black 52* w/DG Spinner Wedge+
Maltby Tricept Red 56* w/DG Spinner Wedge
Maltby Tricept Red 60* w/DG Spinner Wedge
Odyssey White Hot Tour #2
Titleist ProV1*
#5
Posted 06 August 2010 - 04:54 PM
JBones, on 05 August 2010 - 05:48 PM, said:
Because Cobra/Puma haven't been doing the press releases??
#6
Posted 06 August 2010 - 05:23 PM
cheymike, on 06 August 2010 - 10:54 AM, said:
True, but I still think it is BS. Unless TMAG is coming straight out and saying Camillo will be switching to TMAG from TITJOY (LOL, better than Acushnet), than they shouldn't be causing such a fuss. I'm sure I'd feel the other way if I owned Acushnet, but I just feel like this lawsuit happy society we live in is ridiculous.
Cobra SS 15* w/Matrix XCON6 X
Swing Science S800 18* hybrid w/Aldila DVS 70X
Swing Science S800 Forged 4I-PW 1* strong w/DG S300
Maltby Tricept Black 52* w/DG Spinner Wedge+
Maltby Tricept Red 56* w/DG Spinner Wedge
Maltby Tricept Red 60* w/DG Spinner Wedge
Odyssey White Hot Tour #2
Titleist ProV1*
#7
Posted 06 August 2010 - 08:44 PM
In a press release distributed on August 3rd, TaylorMade's president and CEO announced that Villegas will join the TMaG tour staff beginning in 2011, and stated that more information will be revealed on September 9, 2010. It further noted that Villegas will join "other members of the renowned TaylorMade Tour Staff," including Kenny Perry and Mike Weir, both of whom are under contract with Acushnet Company to play Titleist golf balls and wear Titleist or FootJoy golf gloves.
"It is unconscionable that this competitor would interfere with a player's contract by publicly announcing its intentions with that player during his contract term with another company," said Joe Nauman, Executive Vice President, Corporate and Legal, Acushnet Company. "The timing of TMaG's press release was obviously calculated to harm Acushnet Company and diminish the value of Camilo's endorsements. The behavior of TMaG and Camilo's agent is reprehensible, causing Acushnet Company irreparable and significant damage. Camilo is under contract with Acushnet Company through the end of the year and we expect the agreement to be honored throughout the term. We fully expect the Court to act quickly in granting the preliminary injunction and providing the other relief being sought."
#8
Posted 06 August 2010 - 10:22 PM
#9
Posted 07 August 2010 - 01:20 AM
TWshoot67, on 06 August 2010 - 10:22 PM, said:
One thing I learned long ago in business. A contract is only as good as the person with whom you make the contract.
Shambles
#10
Posted 07 August 2010 - 06:09 PM
That being said, in this day and age, there was no need for TM to announce this in a press release. Just leak the story to a few bloggers/reporters. Just as effective (maybe more effective), and you are less vulnerable to a lawsuit.
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