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Blue Jackets’ Jack Johnson Files for Bankruptcy: 3 Lessons

Columbus Blue Jackets defenseman Jack Johnson has earned more than $18 million over his nine-year NHL hockey career. But according to bankruptcy documents filed last month in federal court, it’s almost all gone.

Not only is Jack Johnson broke, but Johnson has outstanding debts of as much as $15 million, reports The Columbus Dispatch. And while the story of a professional athlete squandering large sums of money is nothing new, Johnson’s path to bankruptcy has an especially cruel twist. Many of the financial decisions that led him to this point were made by his parents, to whom he had given full control of his finances.

What can be learned from Jack Johnson’s bankruptcy? Here are three lessons:

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3 Lessons for SMBs From Black Friday Lawsuits

This page contains a single entry by Daniel Taylor, Esq. published on November 21, 2014 3:05 PM.

Top 5 Legal Tips for Small Businesses on Instagram was the previous entry in this blog.

Can You Ask Potential Hires About Medical History? is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

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U.S. Attorney Walsh’s office plays role in collection of billions in recoveries in FY2014



John Walsh U.S. Attorney Colorado

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Ohio’s new youngest legislator looks to bridge his peers’ skills gap



Niraj Antani

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Three Bay area lawyers disciplined in latest round from Florida Supreme Court



LitigationCover

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How Darren Wilson Demonized Michael Brown

The fact that we have a black president in America does not mean we live in a “post-racial” America. It is, however, my ardent hope that Ferguson will teach us, as an American family, something life changing: that stereotypes, and fear of one another, can be deadly. History has proved this with slavery, the Holocaust, ethnic cleansing and war.

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Darren Wilson Speaks, Says Michael Brown’s Death Won’t Haunt Him

“I wasn’t looking at him. I just, like, racked it [loaded the gun], expecting another hit, and I put my gun up and fired,” Wilson said. He then exited the vehicle. When Stephanopoulos asked why, he answered, “My job isn’t to just sit and wait. I have to see where this guy goes.”

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Want to Play Pro Ball? Get Your Priorities Straight

The Root Live experts say, yes, it’s important to follow your dream, but not into debt

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Dealmaker Joseph Calabrese Talks Move to Latham & Watkins: "It’ll Be A Build"

Joseph Calabrese - P 2014

It’s not every day that a group of top Hollywood attorneys defect from one Los Angeles legal giant to another. When top dealmakers Joseph Calabrese and Christopher Brearton made the leap earlier this month from O’Melveny Myers to rival Latham Watkins with four partners in tow, it wasn’t just an upset — it was a shift in the power dynamic of L.A. entertainment law. Latham, one of L.A.’s biggest and most powerful firms, curiously has never had much of a showbiz presence. But now, with a new Century City office opened directly across the street from O’Melveny, it aims to

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10 Laws You Should Know If You’re in New Jersey

Though the fourth smallest state by size, New Jersey is the most densely populated state, according to the U.S. Census Bureau. This is due in no small part to the state’s proximity to New York City, Philadelphia, and several other major U.S. metropolitan areas.

But whether you count yourself as a lifelong New Jerseyan, are just visiting, or are passing through from one of New Jersey’s neighboring states, you should familiarize yourself with the nuances of New Jersey state law.

Here are 10 laws that you should know if you’re in New Jersey:

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