Saudi Arabia is disputing a federal magistrate's ruling that its sovereign wealth fund and the fund's governor be required to provide documents and testimony in LIV Golf's antitrust lawsuit against the PGA Tour.
Attorneys for the kingdom filed a letter on Thursday challenging the reasons a magistrate judge cited for allowing subpoenas of the Public Investment Fund and its governor, Yasir al-Rumayyan.
The letter was sent to U.S. District Judge Beth Labson Freeman, who is overseeing the case in the Northern District of California. U.S. Magistrate Judge Susan van Keulen in a Feb. 16 decision said the PIF and al-Rumayyan are not protected by the Foreign Sovereign Immunity Act because of a commercial activity exception.
The dispute centers around LIV’s argument that the PIF and al-Rumayyan provided broad oversight of the rival league. The PGA Tour says documents obtained during discovery indicate they were actively involved in signing players to LIV Golf.According to court documents, the PIF owns 93% of LIV Golf, which in the last year has paid signing fees reported to be upward of $100 million to players, including Phil Mickelson, Dustin Johnson, Brooks Koepka and Bryson DeChambeau.
The letter also says van Keulen suggested the PIF would have waived its immunity if it authorized LIV Golf to sue the PGA Tour.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Court Allows the PGA Tour to Directly Sue LIV Golf’s Saudi BackersA lawsuit initially brought by players against golf’s biggest touring body is now pitting the PGA Tour directly against the wealth of Saudi Arabia.
Weiterlesen »
Judge rules PGA Tour can add Saudi fund to LIV countersuitThe order by U.S. District Judge Beth Labson Freeman ramps up the stakes and exposure for the Saudi officials behind LIV Golf.
Weiterlesen »
Judge approves adding Saudi Investment Fund to LIV Golf lawsuitRoughly 93% of LIV Golf is owned by Saudi Arabia's Public Investment Fund, according to court filings. A judge has now ruled that the Public Investment Fund may be listed as a defendant along with LIV Golf in a case brought by the PGA.
Weiterlesen »
A welcome Senate visit to Saudi ArabiaNearly 10% of the Senate is visiting Saudi Arabia this week — including Minority Leader Mitch McConnell and the ranking member of the Senate Foreign Relations Committee, James Risch. That’s big news given that none of their colleagues has stepped foot in the kingdom in nearly 3 1/2 years. In light…
Weiterlesen »
Oman joins Saudi Arabia in opening airspace for Israeli airlinesIt will allow Israeli airlines to significantly shorten eastbound flights to India and China by flying over Saudi and Oman.
Weiterlesen »
2023 Honda Classic Picks & Odds: Sungjae Im FavoredPGA Tour odds, picks, and predictions for the Honda Classic. PGA Tour arrives at PGA National Resort in Florida from February 23-26.
Weiterlesen »