CA Divorce case expected to cost around $19 Million
The case of Frank and Jamie Mcourt shows the importance of having a valid pre or post nuptial agreement with the necessary disclosure depending on the situation and having both parties having been represented by counsel enter into knowingly and voluntarily and being certain that it covers all eventual possibilities. Absurdly even with a post nuptial agreement the owner of the Dodgers and his wife are expected to spend up to or around $19 million dollars in legal fees.
She signed an agreement that said she would get $65 million in real estate in the event of a divorce, cheated on him with her driver and bodyguard who worked for the Dodgers used company money to travel with him to France then filed for divorce and is demanding a million a month in order to keep up her insane standard of living. A hearing was going on today regarding the alimony until a decision on the division of assets can be made. He generously offered $150,000 while she is seeking a million a month despite the fact that as his attorneys point out she could rent or sell any of her seven homes for support.
It is being called the nastiest billionaire divorce and further details can be seen from the link below.
posted by David S. Luber @ Monday, March 29, 2010
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