Florida baseball fans may know the long-running separation struggles in between former Dodgers owner Frank McCourt and his once-wife, Jamie. The pair divorced in 2010, before Frank McCourt offered the group for a record $2 billion. At the time of the separation, Jamie McCourt accepted a settlement that consisted of $131 million.
Nevertheless, when the Dodgers cost such a high cost, Jamie McCourt ended up being displeased with the settlement amount that she was provided. She approached a court to ask that the separation settlement be tossed out, on the basis that she was misled about the possible value of the group during the separation settlements. The matter just recently went before a judge, who ruled that the settlement will stand.
In making that ruling, the judge discovered that as a former executive for the Dodgers, Jamie McCourt must have been fully knowledgeable about the value of the group. There was no evidence provided to suggest that she was misguided about the group’s prospective selling price. As an outcome, the existing separation settlement will remain in place. Jamie McCourt and her legal group have announced strategies to appeal the issue.
This example, while taking care of volumes of money that are difficult for the majority of to think of, is a sign of the choices readily available to spouses who feel that they have actually been wronged in their divorce settlement. In this case, there was not adequate proof presented to back up that assertion. Nevertheless, numerous partners are able to quickly show that they were misinformed or otherwise cheated from assets to which they were entitled. In these cases, it is vital that the party asking for the modification is able to present a totally informed legal argument in a Florida court.
Source: ESPN L.a, Judge denies request to throw out McCourt divorce settlement, No author, Sep. 9, 2013