Nicklaus' Golf Cos. File Ch. 11 With $500M+ Liabilities

By Hilary Russ · November 21, 2025, 5:08 PM EST

Nicklaus Companies LLC, the sporting gear and golf course design company founded by legend Jack Nicklaus, and 11 affiliates filed for bankruptcy in Delaware on Friday, as it disputes a $50...

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Bankruptcy Scorecard

Summary

Golf merchandise and course design group GBI Services, Nicklaus Companies LLC and affiliates filed for bankruptcy protections, saying it was dangerously low on liquidity. The filing came shortly after a Florida state jury awarded $50 million to the debtor's co-founder and namesake, golf icon Jack Nicklaus, for his defamation lawsuit against the company.

Case Number

1:25-bk-12089

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$500 million to $1 billion

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Documents

Related Sections

Case Information

Case Title

GBI Services, LLC

Case Number

1:25-bk-12089

Court

Delaware

Nature of Suit

Date Filed

November 21, 2025

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