Professional Basketball Team Sacramento Kings Files For Chapter 11 Bankruptcy

Professional Basketball Team Sacramento Kings Files For Chapter 11 Bankruptcy

SACRAMENTO, Calif. - The Sacramento Kings professional basketball team of the National Basketball Association on April 24 filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Eastern District of California, listing debts between $1 million and $10 million (In Re: Kings Professional Basketball Club, No. 12-27935, Chapter 11, E.D. Calif. Bkcy.). Subscribers may view the petition available within the full update.

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