Lenny Dykstra Bankruptcy

July 9, 2009 by John  
Filed under Business News

Lenny Dykstra Bankruptcy– Lenny Dykstra who is the previous star center fielder for the “Philadelphia Phillies” and “New York Mets” and has filed for Chapter 11 Bankruptcy Protection. He is 46 years old; According to an appeal filed on Tuesday with the U.S Bankruptcy Court in the Middle District of California, Lenny Dykstra filed for Chapter 11 rank who has no longer than $50,000 of assets and between $10 million and $50 million of liabilities.

As a financial capitalist Lenny Dykstra`s filing comes in the awaken of above 20 lawsuits which he faces tied to his activities including a glossy magazine for athletes he had helped launch in 2008 and The Players Club. Lenny Dykstra also set his net worth at $60 million and owned a Gulfstream II jet and a black Rolls Royce Phantom as described by an April article on ESPN.com.

Before his retirement in 1996, Lenny Dykstra played with the Phillies and Mets for twelve years in which he best Known as “Nails” and “The Dude”. His batting average was 285, 285 stolen bases, 404 runs batted in and 81 home runs. In 1986, Lenny Dykstra assisted the Mets to win the World Series and in 1993 as a Phillies was the National League runner-up to “Barry Bonds” in MVP voting. But unfortunately the Phillies lost the World Series that year.

Walter Hackett, a lawyer for Dykstra said in 2007, the incident triggering the bankruptcy filing was a deliberated action foreclosure sale of a Southern California residence that Lenny Dykstra purchased from hockey legend “Wayne Gretzky” for $17.5 million.The largest unsecured creditors of Lenny Dykstra includes “Bank of America Corp” (Owed a combined $4.2 million) and units of “JPMorgan Chase & Co.” (Owed $12.9 million) according to the bankruptcy petition.

Lenny Dykstra Bankruptcy

Lenny Dykstra Bankruptcy

Lenny Dykstra Bankruptcy

Lenny Dykstra Bankruptcy

Lenny Dykstra Bankruptcy

Lenny Dykstra Bankruptcy

You might also like

Lenny Sullivan
Lenny Sullivan, the assistant road manager for E Street Band, died yesterday. Bruce Springsteen, cousin of Lenny Sullivan, confirmed the news. Bruce wrote on his website that Lenny Sullivan was found...
Terrence Mitchell Duckett
Jasmine Guy has filed for bankruptcy after getting divorce from Terrence Mitchell Duckett. The couple had a daughter and Jasmine Guy has been awarded the custody of their daughter. According to the reports,...
Acument Insolvenz
Acument Global Technologies, Inc. "Acument", a leading global supplier of mechanical connection systems, today announced that its German business, Acument GmbH & Co . OHG (Germany Acument ") with...
Gabagool
“The Compleat Gabagool” comics are on the net. From now onwards Gabagool fans can enjoy a digital version of every issue, online. The series is brain child of Mike Dawson and Chris Radtke. The series...
Eva Mendes Wardrobe Malfunction
Eva Mendes Wardrobe malfunction is the newest in the long list of malfunctions. As Eva arrived for the screening of her new film 'Bad Lieutenant: Port of Call New Orleans' she was wearing a lose fitting...

Comments

Get Adobe Flash playerPlugin by wpburn.com wordpress themes