NEW YORK and LONDON, Aug. 16, 2011 /PRNewswire/ -- SKI & Company, the award winning sports and entertainment marketing services company founded by Chris Lencheski and the SKI & Company holding company; 600 Management Holdings, LLC today announced a broad global settlement with Chris and Sharon Morris-Lencheski ending all legal disputes between all parties. The terms of the settlement are undisclosed. This settlement will allow all parties to pursue their respective lines of business, but confirms the dismissal of all allegations against Chris and Sharon Morris-Lencheski.
Going forward, the settlement provides the options Lencheski was seeking when he initiated the first suit in Pennsylvania courts in July of 2009 against SKI & Company and 600 Management Holdings, LLC.
"Lawsuits are never fun, but sometimes especially in high level sports and entertainment they are a necessary evil to pursue and I along with my wife Sharon felt it was more the necessary to pursue in this rare instance; that being said, we are glad to have this done and look forward to determine what if any role the company we founded will have in our future," said Chris Lencheski.
About Chris and Sharon Lencheski: Mr. Lencheski is a twenty-year veteran of sports and entertainment marketing. Mr. Lencheski is Founder and CEO of Phoenicia Sport & Entertainment®. Based in New York City with offices in Bethlehem, PA, Toronto, CA and London, UK. Mr. Lencheski is also a Founder and member of the board of directors of Austin, Texas based Novus Applications, a leader in the fast growing mobile and handset subscriber-based social media platform. Prior to his starting Phoenicia®, Mr. Lencheski was Founder, CEO and President of award winning sports marketing agency SKI & Company. SKI & Company was proudly awarded the first-ever global agency of record designation by General Motors. SKI counted GM, Coca-Cola and their brands FUZE and NOS Energy, Nielsen, Unisys, Smith & Wesson and many other Fortune 500 members as corporate clients serviced via offices in the USA, Europe and the Middle East.
Sharon Morris-Lencheski served on the board of SKI & Company and contributed in an executive capacity to the firm during its most profitable years of growth domestically and internationally. Mrs. Lencheski is vested in regional and national charities serving on multiple boards and committees.
SOURCE Phoenicia Sports and Entertainment