Did you know that on October 17, 2007 John Daly was awarded a $2.7 million default judgment against Hippo Holdings? Unfortunately big John has not received a penny. It turns out that the tumultuous relationship between Daly and Hippo Holdings has been going on since 2000.
The “catch” with the default judgment is that it was issued against Hippo Holdings, the legal entity that contracted with John. The present lawsuit asks the Court to pierce the corporate veils of Hippo Holdings and Hippo Golf and permit John to execute the judgment against Hippo Holdings on its “alter ego” Hippo Golf.
The Complaint that was filed last week does a great job at summarizing the case, so click David Dawsey – Keeping an Eye on Golf Lawsuits