NHL player Evander Kane will remain in Chapter 7 after a bankruptcy judge denied a creditor request to convert the case to a Chapter 11 reorganization.
“I cannot find that denying Debtor the fresh start he sought by filing Chapter 7 is in the best interests of Creditors and Debtor,” Judge Stephen L. Johnson of the U.S. Bankruptcy Court for the Northern District of California ruled Monday.
The creditors, including Zions Bancorporation NA, claimed that Kane unfairly took advantage of Chapter 7 so that the future earnings of the 29-year-old leading points holder for the San Jose Sharks wouldn’t be ...
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