Categories
Bankruptcy

Sacramento Kings File Claim Against Sponsor Power Balance

The following article was written by Cyle Kiger. Late 2011, Power Balance, a California wristband company and owner of the naming rights to the Sacramento Kings arena, filed for Chapter 11 bankruptcy.   The Kings have recently filed a claim for $8.3 million against Power Balance. Chapter 11 bankruptcy is the type of most bankruptcy cases.  It […]