December 9, 2022 – We are pleased that the court has formally issued an injunction restraining Mr. Nicklaus from using his name, image and likeness, publicity rights, and other intellectual property assets for commercial gain until this matter is resolved at a full trial. These IP rights were sold to Nicklaus Companies LLC in 2007 for $145 million.

According to the court’s order, the injunction extends to all “officers, directors, agents, shareholders, successors, employees, representatives, heirs, attorneys, and all other persons who are in active concert or participation” with Mr. Nicklaus or GBI Investors. This would include golf course developers, commercial sponsors, and any other entity who would look to exploit Mr. Nicklaus’ name, image or likeness, or any of the company’s intellectual property—including its “JACK NICKLAUS” trademarks—for commercial gain.