The law firm hired by LIV Golf to help secure outside investors recently created a new corporate entity on the league’s behalf in New Jersey, offering a glimpse into how the embattled circuit is restructuring following its split from its Saudi backer.
LIV Golf Bedminster LLC was incorporated on July 15, about three weeks before the event currently underway at Trump National Golf Club Bedminster. The filing with New Jersey’s Secretary of State, obtained by Sportico, lists LIV Golf’s New York City office as the company’s principal business address and names Kyle Ezring, an associate attorney at Gibson Dunn.
The LLC’s purpose is not immediately clear, and a LIV spokesperson declined to comment. But the filing marks a notable departure from the league’s previous corporate registration practices and may signal an effort to organize operations on an event-by-event basis by placing individual tournaments into separate legal entities.
Such a structure could help isolate assets and liabilities, a common approach for businesses seeking to limit legal exposure. It could also become significant if LIV Golf were ever forced to seek bankruptcy protection, following this year’s decision by the Saudi Public Investment Fund (PIF) to end its financial backing of the circuit.
