Tiger’s company found liable for damages

Signature snafu could cost ETW up to $1.3 million
Tiger’s company found liable for damages

Dealing with court proceedings probably isn’t near the top of Tiger Woods’ ’to do’ list in the run up to The Masters. But that’s exactly what he had to do during (and after) last week’s event at Trump National Doral.

Woods’ company, ETW, was found liable for deceptive and unfair trade practices as part of a civil suit.

Just hours after finishing his final round at Trump National Doral, Woods found himself testifying on the stand at a Miami-Dade courtroom. The all-female jury found ETW breached a 2001 licensing agreement with the plaintiff’s company (Gotta Have It Golf, Inc.) by not providing a specified number of autographs.

In the end, the jury awarded almost $700,000 in damages. After interest is calculated the final amount could top $1.3 million.

ETW is rumored to appeal the decision, so expect to hear more on this down the road. In the meantime, Tiger is preparing for action at Arnie’s tournament at Bay Hill this week.

Via: Golf Channel

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