Tiger Woods Insurance?
Companies that have celeb endorsers are taking out insurance based on the
Tiger Woods
scandal. Of course to protect themselves from potential losses.
Lawyer Brian Socolaw explains:
These companies are also placing new morals causes into effect in the celebrities contracts that give them the right to terminate endorsement deals if the celebs get into any major trouble.“Companies are saying if it could happen to Tiger Woods, it could happen to anyone. … For some companies, it’s a tremendous investment, and when it goes bad, it is not only the loss of investment, it’s a black eye for the company.”
Instant Del.icio.us Bookmark This - 
|
| RSS for this post's categories: ">Celebrity Gossip & News
This entry was posted
on Wednesday, February 3rd, 2010 at 11:28 am and is filed under .
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response.
Trackback:
