BREAKING: NHL Goaltender is Being Sued For $4M
As the Golden Knights focus on the upcoming Stanley Cup Final, their star goaltender Robin Lehner finds himself entangled in a complex situation involving fraud allegations and financial struggles. Lehner and his wife are currently facing legal action due to his inability to repay borrowed funds, a situation he has encountered before.
Borden claims that he was led to believe that the loaned money would be used for technology development in Lehner's SolarCode business. He was informed that SolarCode had multiple government contracts in the Caribbean, Africa, and the Middle East, and that the technology associated with the loan was operational. However, Borden alleges that Lehner misrepresented the profitability and viability of SolarCode, failing to disclose that it was not a profitable or viable commercial entity.
As part of the loan agreement, Lehner assigned 20 percent of his SolarCode royalties to Borden indefinitely, with an option for Lehner to repurchase the royalty rights for $35 million.
As part of the loan agreement, Lehner assigned 20 percent of his SolarCode royalties to Borden indefinitely, with an option for Lehner to repurchase the royalty rights for $35 million.
According to businessman Michael Borden, Lehner misled him regarding the purpose and profitability of his SolarCode business, which Borden believed would utilize the loaned money for technology development. Borden claims that Lehner misrepresented the profitability of SolarCode, failing to disclose its lack of commercial viability. Furthermore, the court filing reveals that Lehner had undisclosed debts of over $16 million at the time of Borden's loan, raising further concerns.
The court filing reveals that Lehner told Borden that his snake farm business was fully paid for and generating positive cash flow. However, it was later discovered that Lehner had undisclosed debts of over $16 million at the time of Borden's loan in April.
In June 2022, Borden alleges that Lehner sought another $500,000 loan with a one-year term. Lehner assured Borden that despite the one-year loan, he intended to repay the $500,000 earlier, specifically within the first two months of his guaranteed contract with the Knights, which started at the beginning of the current NHL season.
In June 2022, Borden alleges that Lehner sought another $500,000 loan with a one-year term. Lehner assured Borden that despite the one-year loan, he intended to repay the $500,000 earlier, specifically within the first two months of his guaranteed contract with the Knights, which started at the beginning of the current NHL season.
In addition to seeking the return of the borrowed funds, Borden is also demanding compensation for legal expenses incurred during this contentious case. Despite not playing a single game this NHL season, Lehner continues to receive income from his substantial contract with the Golden Knights. As a result, the question arises: Can Lehner overcome these legal and financial obstacles and make a successful return to the NHL?
As seen on HouseofHockey
| POLL | ||
Do you think this NHL'er will get through the lawsuits and play in the NHL again? | ||
| Yes | 122 | 24.2 % |
| No | 383 | 75.8 % |
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