Shilo Sanders files for bankruptcy to absolve $11.8 million judgement tied to assault


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bernard

THEE Realist
Coach Prime's son trying to wipe out a figure tied to alleged assault from 2015

Colorado safety Shilo Sanders filed for bankruptcy in December 2023 to absolve an $11.89 million dollar judgement against him tied to an assault when he was in high school, according to court records.

The filing raises concerns about Sanders’ history and a lack of NIL earnings reported to the court. The bankruptcy schedule initially gathered on December 19, 2023 shows Sanders claiming $477,881 in assets, including $300K in a Robinhood account and $8K in a Wells Fargo account. Nothing was declared from any of Sanders' NIL projects, which were booked primarily through SMAC Entertainment. The top item line is for a Mercedes GLE AMG 635 valued at $75K. The declared value of Sanders' assets was since readjusted to $320,477.10 without any NIL deals reported to the court.

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Shilo Sanders files for bankruptcy to absolve $11.8 million judgement tied to assault

Colorado safety Shilo Sanders filed for bankruptcy in December 2023 to absolve an $11.89 million dollar judgement against him tied to an assault when he was in
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Judge issues ruling in bankruptcy case of Deion Sanders' son Shilo
Shilo Sanders wanted a judge to throw out a complaint that challenges his attempt to discharge $11 million in debt. The judge didn't agree.

A federal judge has issued a ruling in the bankruptcy case of Colorado football defensive back Shilo Sanders, denying Sanders’ attempt to dismiss a complaint from a former school security guard whom Sanders still owes $11 million.

The security guard, John Darjean, had filed a complaint against Sanders in January to prevent the bankruptcy court from discharging that $11 million debt. Sanders’ attorneys then asked the judge to dismiss that complaint, calling it an “overreaching intimidation tactic filled with meritless allegations.”

But Judge Michael Romero didn’t agree and has kept most of Darjean’s claims alive, including allegations by Darjean about the limited liability companies (LLCs) owned by Sanders for his name, image and likeness deals (NIL).

“The Complaint contains sufficient allegations that Sanders’s companies function as his alter egos and that the corporate veils of the LLCs should be pierced,” Romero wrote in his ruling Thursday.

This is not good news for Sanders, 24, son of Colorado head coach Deion Sanders. But the case is far from over after he filed for bankruptcy in October in an effort to free himself “from the oppressive burdens of his debts,” as his attorneys described it.

www.usatoday.com

Judge issues ruling in bankruptcy case of Deion Sanders' son Shilo

Shilo Sanders wanted a judge to throw out a complaint that challenges his attempt to discharge $11 million in debt. The judge didn't agree.
www.usatoday.com

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This never should have happened. A judgment for $11 million!!! Taken by default! Something is terribly wrong here.
 
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Judge issues summary judgment ruling in bankruptcy case of Deion Sanders' son Shilo​


A federal judge has issued a ruling in the bankruptcy case of Shilo Sanders, giving the Colorado football player a victory that keeps alive his effort to discharge more than $11 million in debt.

But the case is still far from over. Judge Michael E. Romero ruled the case would require a trial of sorts to determine whether the son of Colorado coach Deion Sanders was being “willful and malicious” when he allegedly assaulted a security guard at his school in 2015, when Shilo was 15 years old.

“This Court has already determined the issues of willful and malicious behavior will be re-litigated in this proceeding,” Romero said in his ruling issued Tuesday, obtained by USA TODAY Sports. “That determination will necessarily involve an examination of any justification, including self-defense, offered by Sanders for his allegedly willful and malicious behavior.”

If the judge had ruled the other way on this matter, Shilo Sanders would have suffered a crippling blow in his effort to erase his $11 million debt to John Darjean, the security guard he allegedly assaulted in 2015. He would have been on the hook to pay that money back to Darjean, pending any appeal. Instead, his case will continue to be fought on multiple fronts, more than nine years after the controversy started.

How did this bankruptcy case get this far?​

Darjean had sued Shilo in 2016, seeking damages for what he described as severe and permanent injuries, including incontinence. He said Shilo swung an elbow at his upper chest and punched him as he tried to confiscate his phone at school.

Shilo and his father Deion disputed the allegations, saying it was Darjean who was the aggressor, not Shilo. Shilo even testified in pretrial proceedings and filed counter claims against Darjean. But he didn’t show up for trial in 2022, leading to a $11.89 million default judgment against Shilo Sanders in 2022.

After Darjean pursued debt collection on that judgment last year, Shilo filed for bankruptcy in October 2023 in an attempt to get rid of that debt.

But Darjean wants the money he is owed and is fighting Shilo’s discharge attempt in bankruptcy court.

What was this bankruptcy ruling about?​

Debtors generally can discharge their debts by filing for bankruptcy, as Shilo Sanders did last year. The reason he did so was to erase this $11 million debt to Darjean so he could get a “fresh start, free from the oppressive burdens of his debt,” as his attorneys said. But there are exceptions in the law that prevent debts from being discharged in certain cases. One of them is if the debt stems from a “willful and malicious injury by the debtor.”

In response to Shilo’s bankruptcy filing last year, Darjean’s attorneys filed two complaints to contest Shilo’s attempted discharge as Darjean continues to pursue the money Sanders owes him.

In one of those complaints, they argued that Shilo Sanders should not be allowed a discharge of this debt because it stemmed from a willful and malicious injury. They wanted the judge to make a summary judgment ruling about this, arguing at a hearing in Denver last month that the matter was already litigated in a state court in Texas and should be precluded from being litigated again.

But the bankruptcy judge didn’t fully agree with Darjean’s attorneys and denied their summary judgment motion as it related to whether Shilo’s behavior was willful and malicious. He only agreed that the issues of causation and damages were litigated in state court, not Shilo’s state of mind during the incident in 2015.

www.usatoday.com

Judge issues summary judgment ruling in bankruptcy case of Deion Sanders' son Shilo

A bankruptcy judge in Denver ruled on a critical matter in the case of Colorado football safety Shilo Sanders, son of coach Deion Sanders.
www.usatoday.com
 
Shilo Sanders will receive a little bit of protection in his federal bankruptcy case. A Denver-based judge issued a limited protective order on Wednesday, giving the former Colorado defensive back some breathing room when it comes to his financial activities being made public.

In a hearing, Judge Michael E. Romero took a step forward in the case but reminded Sanders and his attorney of the risks associated with voluntarily filing for bankruptcy in a public court. While his order will shield Sanders, it's limited to certain transactions and seems like a delay tactic for the defense.

The 25-year-old son of Deion Sanders filed for bankruptcy in 2023 to discharge an $11 million judgement tied to a 2015 assault of former high school security guard John Darjean. What's meant to be a clear cut process has evolved into a back and forth between both parties with Shilo Sanders' NIL deals being questioned. Since then, Sanders' attorney believes the public will criticize him for trips to McDonald's and avocado toast.

“So you’re saying there’s a need for protection to find out how many times your client went to McDonald’s in 2023 − that it’s important that we protect the bank statements on that because it’s listed on his accounts?” Romero asked.

“We at least want it to not end up on social media,” said Shilo’s attorney, Keri Riley.

“Who cares how many times he goes to McDonald’s?” Romaro responded. “There may be somebody interested… There may be somebody in this world who wants to know how many Big Macs he gets, but who cares?”

 
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