Ch. 7 Lessons From Evander Kane Bankruptcy

Law360 (June 22, 2021, 4:35 p.m. EDT) – Evander Kane is a professional hockey player for the San Jose Sharks. He is an 11-season NHL veteran and has racked up over $ 50 million in career earnings from his NHL salary alone. In 2018, he signed a seven-year contract extension for $ 49 million.

On January 9, Kane filed for voluntary Chapter 7 bankruptcy.

Prior to the filing, Kane had borrowed millions of dollars and spent millions on an extravagant lifestyle. He has lost millions of dollars gambling in recent years and pays nearly $ 9,000 a month for luxury vehicles. His monthly expenses exceed $ 93,000 and he has planned …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

Comments are closed.