PTR, Inc. v. Forsythe Racing, Inc. et al

[Audi_A4]

http://dockets.justia.com/docket/court-ilndce/case_no-1:2008cv05517/case_id-224163/

PTR, Inc. v. Forsythe Racing, Inc. et al
Plaintiff: PTR, Inc.
Defendant: Forsythe Racing, Inc. and Gerald Forsythe

Case Number: 1:2008cv05517
Filed: September 26, 2008

Court: Illinois Northern District Court
Office: Chicago Office [ Court Info ]
County: Cook
Presiding Judge: Honorable Wayne R. Andersen

Nature of Suit: Contract - Other Contract
Cause: 28:1332 Diversity-Other Contract
Jurisdiction: Diversity
Jury Demanded By: Plaintiff
Amount Demanded: $75,000.00

Access additional case information on PACER
Use the links below to access additional information about this case on the US Court's PACER system. A subscription to PACER is required.
Access this case on the Illinois Northern District Court's Electronic Court Filings (ECF) System
Search for Party Aliases
Associated Cases
Attorneys
Case File Location
Case Summary
Docket Report
History/Documents
Parties
Related Transactions
Check Status
Search for this case: PTR, Inc. v. Forsythe Racing, Inc. et al
Search Blogs [ Justia BlawgSearch | BlawgSearch Google Co-op | Blawg.com | Bloglines | Feedster | Google Blogsearch | Technorati ]
Search News [ Google News | Marketwatch | Wall Street Journal | Financial Times | New York Times ]
Search Web [ Legal Web | Google | MSN | Yahoo | Ask ]
Plaintiff: PTR, Inc.
Search Dockets [ Dockets ]
Search Blogs [ Justia BlawgSearch | BlawgSearch Google Co-op | Blawg.com | Bloglines | Feedster | Google Blogsearch | Technorati ]
Search News [ Google News | Marketwatch | Wall Street Journal | Financial Times | New York Times ]
Search Finance [ Google Finance | Yahoo Finance | Hoovers | SEC Edgar Filings ]
Search Web [ Legal Web | Google | MSN | Yahoo | Ask ]
Defendant: Forsythe Racing, Inc.
Search Dockets [ Dockets ]
Search Blogs [ Justia BlawgSearch | BlawgSearch Google Co-op | Blawg.com | Bloglines | Feedster | Google Blogsearch | Technorati ]
Search News [ Google News | Marketwatch | Wall Street Journal | Financial Times | New York Times ]
Search Finance [ Google Finance | Yahoo Finance | Hoovers | SEC Edgar Filings ]
Search Web [ Legal Web | Google | MSN | Yahoo | Ask ]
Defendant: Gerald Forsythe
Search Dockets [ Dockets ]
Search Blogs [ Justia BlawgSearch | BlawgSearch Google Co-op | Blawg.com | Bloglines | Feedster | Google Blogsearch | Technorati ]
Search News [ Google News | Marketwatch | Wall Street Journal | Financial Times | New York Times ]
Search Finance [ Google Finance | Yahoo Finance | Hoovers | SEC Edgar Filings ]
Search Web [ Legal Web | Google | MSN | Yahoo | Ask ]


--------------------------------------------------------------------------------

Justia Lawyer, Legal Aid & Services Directory: Chicago Business Lawyers and Illinois Business Lawyers


--------------------------------------------------------------------------------

The Justia Federal District Court Filings & Dockets site republishes public litigation records retrieved from the US Federal District Courts. These filings and docket sheets should not be considered findings of fact or liability, and do not necessarily reflect the view of Justia.




Copyright © Justia :: Company :: Terms of Service :: Privacy Policy :: Contact Us :: Have a Happy Day!

[Methanolandbrats]

Translation please :gomer:

[Audi_A4]

if you ever wanted to read a drivers contract the gomers have one on their site http://www.trackforum.com/legal/PTRvForsytheComplaint10-2-08.pdf scroll down

[Methanolandbrats]

if you ever wanted to read a drivers contract the gomers have one on their site http://www.trackforum.com/legal/PTRvForsytheComplaint10-2-08.pdf scroll down

Where's the abstract?

[Audi_A4]

Where's the abstract?

just skim the document theres your abstract

the readers digest version of the cotract is that PT was paid a boat load of money to show up only had to do 4 preseason sponsor appearences and 16 in season sponsor appearences. he had to keep his weight down, the team was obliged only to provide him with lola race cars, there were bonuses for poles, wins and championship standing, one of the contract extentions had a provision for a 250,000 dollar jet card, there were provisions set out for termination of the contract etc.

[Gnam]

Isn't the amount "demanded" kinda small? I would think the legal fees would cost about that much.

[cameraman]

Read the linked filings. It is in excess of $75K.

[Gnam]

Oh...

$2,250,000 (base)
$1,000,000 (termination fee)
= $3.25M

Hey if PT wins he could buy a Vision ride in the Indy500. :tony:

[Insomniac]

He wanted to drive in the IRL (and did for a race) but now wants Forsythe to pay him? Forsythe will likely countersue for breach of contract.