Jack Nicklaus Verdict Triggers Bankruptcy at Nicklaus Companies

Nicklaus Companies, the business built around Jack Nicklaus’s name and commercial ventures, has filed for Chapter 11 bankruptcy just weeks after the 18-time major champion won a $50 million defamation judgment against the firm.
The company announced the move on 21 November, confirming it had entered voluntary bankruptcy proceedings in the District of Delaware “to protect its employees, clients, and ongoing business operations”.
In its filing, Nicklaus Companies listed estimated