The Situation Sues Over Vodka Endorsement Deal
The Situation is dealing with his own situation over the vodka deal he made with the now-famous Devotion spirits for the company's protein-infused vodka.
The "Jersey Shore" star made an arrangement with the company back in 2010 to endorse its product. As part of the deal, Mike "The Situation" Sorrentino got an 8 percent ownership interest in the company, and he claims he's entitled to more than that.
Sorrentino says he held up his end of the bargain and helped build the company's reputation. Now he wants the company to pay up on its end of the deal.
The sponsorship agreement between Devotion and The Situation allegedly included an additional 2 percent ownership upon the first anniversary of their deal, and a $400,000 "buy back" option of his shares after two years. But Sorrentino claims the vodka company failed to provide either of those benefits, according to TMZ.
If Devotion won't make good on its deal, then one of Sorrentino's options is to file suit.
Ideally the purpose of a contract is to clarify the terms of a deal between parties so that everyone knows what is expected. It also gives parties a way to refer back to the deal and check what was agreed upon.
The benefit of having a written contract is that if one party fails to live up to the contract's terms, a court can also look at the agreement and enforce it. A lawsuit allows you to do that.
There are other options for contract enforcement, however. If you're having a hard time getting someone to fulfill their end of a deal, talk to an experienced contracts lawyer about your legal options.
To get Devotion to pay up, The Situation filed a suit for his alleged 10 percent interest in the company plus other damages. The reality star is newly sober, but that's no reason why his past contracts shouldn't be upheld, if that was the agreed-upon bargain.
Sorrentino is no stranger to endorsement deals. He has several lucrative contracts with other companies, reports the Daily Mail.
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