Guest Post: The Most Expensive Divorces Ever

Everyone knows that divorce can be an expensive process, but some of the sums involved in the world’s most expensive divorces are truly eye-watering.

Expensive divorces have been in the news recently with the Russian oligarch Dmitry Rybolovlev being forced to pay his former wife $4.5 billion in what has been called the “most expensive divorce in history”.

The order came from a Swiss court, with Elena Rybolovlev’s divorce solicitors branding it a “complete victory”. Her former husband is now set to lose half of his wealth.

Dmitry Rybolovlev’s spokesperson Serget Chernitsyn argued that the divorce was a “win” for him, although his lawyers are said to be launching an appeal. Query why Mr. Rybolovlev would appeal if he won his case? Pure bafflegab!

The couple was married for 23 years and it took six years for the case to be completed. Rybovelev made his money from the potassium fertilizer industry and is the owner of the Monaco Football Club. He is also famous for buying the Palm Beach Maison de L’Amitie from Donald Trump for chump change, around $95 billion!

THE DIVORCE OF MURDOCH AND DENG

Controversial media tycoon Rupert Murdoch’s 2013 divorce from Wendi Deng cost him a reported $1.8 billion even though he had a pre-nuptial agreement. This gives you an idea that prenps may not be everything they are cracked up to be, particularly if a couple’s circumstances change and children enter the picture.

They were married for 14 years and it is likely the payout to Ms. Deng was so high due to the needs of their daughters’, among other reasons. Deng, who is almost 40 years his junior, hit the headlines when she slapped a protestor who threw a pie at her husband during the phone-hacking enquiry in 2011.

Murdoch married Deng just two-and-a-half weeks after his previous marriage was finalised in 1999 with the help of divorce lawyers. He also paid a bundle to his first wife!

THE WILDENSTEIN’S DIVORCE

The 1997 divorce of Alec and Jocelyn Wildenstein cost an estimated $2.5 billion. Alec was from a family of famous art dealers and their divorce was seen as a huge scandal. Things turned sour when Ms. Wildenstein caught her husband in bed with a young Russian model.

Alec then, wielding a gun, threatened his wife and for his trouble spent a sleepless night in the local jail. Judge Marilyn Diamond, who presided over the divorce proceedings received a number of death threats.

Judge Diamond told Jocelyn that she could not use the alimony payments for cosmetic surgery, as by this time Ms. Wildenstein’s multiple surgeries led to her nickname “The Cat Woman”.

The Court gave her $2.5 billion and $100 million every year for 13 years after. Alec Wildenstein died in 2008 leaving his young Russian widow.

ECCLESTONE PAID BY FORMER WIFE

Formula One tycoon Bernie Ecclestone raised eyebrows when it was made public that he was being paid by his ex-wife following his 2009 divorce.

Documents recently released showed that Ecclestone was receiving $100 million dollars each year from his former wife Slavica’s trust fund. Information about how long the payments would continue have not been made public.

It’s said that this divorce was worth $1.2 billion, placing it high in the top ten divorces in history. Ecclestone is one of the sporting world’s most controversial figures and famously paid a significant sum to escape bribery charges in spring 2014.

It seems the richer you are, the harder you will fight to retain your wealth. Quite amazing to realize that these couples could not in a lifetime spend all the money they have.

“Money often costs too much.” –Ralph Waldo Emerson

This post was GUEST AUTHORED by RIX AND KAY, Family law solicitors from Sussex, Brighton, East Sussex and Kent in the UNITED KINGDOM, an experienced team of barristers and solicitors.

Rampant Sex Discrimination in Saudi Arabia

_DSC4179 - Version 2To be born female in Saudi Arabia is to endure a life of discrimination…on many fronts. First of all, it is legal for men in Saudi to have up to four wives who may be as young as 10-years old, as long as they can afford to support them all. It is reported that polygamy is increasingly popular with younger generations, bolstered by their oil wealth.

Saudi women cannot leave their home unless they are escorted by a male guardian, usually their father, brother or husband. They cannot marry, divorce, travel, open a bank account, or consent to elective surgery, without the approval of their guardian. They also are not permitted to drive a vehicle and women who disregard this law have been subject to punishments like flogging.

Photos of Saudi women show them covered up with only their hands and eyes showing, a custom/law that is enforced by the “religious police”.

It was not until 2005 that women were entitled to vote or run for political office, and in 2008 they were finally allowed to initiate and engage in educational studies on their own.

Family law in Saudi Arabia is equally demeaning and restrictive. A woman who socializes with a man who is not a relative can be accused of adultery, fornication, or prostitution. Sex segregation is the norm, with special female entrances and sections in banks and other public institutions. Women must sit with other women when they dine in a restaurant. It is reported that men’s sections in restaurants are usually well-furnished and welcoming, while the women’s sections are sparse and uninviting.

Divorce laws are cruel and unjust. Men may divorce their spouses anytime they want for any reason or no reason at all, while women can only divorce if their husband consents, or they obtain a judicial divorce, but only if they can prove harm or injury during their marriage. Fathers obtain custody of all children over seven-years-old.

The only obligation a man has to his ex-wife is to provide financial support for a period of four months and ten days.

Two recent divorces in Saudi have gone viral in the west, because of their unusual capriciousness. In one case an arranged marriage, which is the norm, came to a sudden end, just after the couple were declared man and wife. The couple had not met prior to the wedding and the first time the groom saw his bride was when she lifted her veil at the conclusion of the ceremony.

Her groom was taken aback when he saw his new wife’s face and according to media reports said: ““You are not the girl I want to marry. You are not the one I had imagined. I am sorry, but I divorce you.” She immediately collapsed with tears and the marriage was over.

In the second case, a Saudi man text messaged his wife to inform her that he wanted a divorce, because she ignored his previous text messages.

According to a story from Gulf News, this couple were having marriage difficulties because the husband believed his wife spent too much time on her cell phone talking to her girlfriends and ignoring him. The last straw for him was his unanswered phone messages and text messages to his wife. He knew from the app on his phone that she had received and read the text message but had not bothered to reply.

It’s no wonder the divorce rate in Saudi is 50%, but with multiple wives I guess the loss of one is not a real hardship.

Lawdiva aka Georgialee Lang

LiarsCheatersRUS.com

_DSC4851If your boyfriend or girlfriend is a liar or worse, a cheater, you can “out” him or her, just like Stacey Blitsch and Amanda Ryncarz did when they posted their complaints about their former lover, lawyer Matthew Couloute, on LiarsCheatersRUS.com.

The website is designed to provide a forum for women and men whose wives, husbands or significant others have “done them wrong”, usually by engaging in one or more affairs during what they believed to be a monogamous relationship.

In the case of Matthew Couloute, a former prosecutor and Court TV analyst, when he learned that the LiarsCheaters comments were the first hits for him when anyone googled him, he sued both women for compensation for inflicting harm to his reputation and causing mental anguish and economic loss.

Ms. Blitsch was a professional roller derby skater and the mother of Mr. Couloute’s son, while Ms. Ryncarz reported that Mr. Coulote dumped her and married someone else twelve days later. The online comments from the women included “Lied and cheated his entire 40 years of life”;”He’s scum, run far away” and “Has no longterm friends. He rents or finances everything and owns absolutely nothing”.

The website makes it very clear that the material on the site is someone’s opinion and the owners of Liars Cheaters do not guarantee the truthfulness or accuracy of the posted allegations.

Last week Federal Judge Harold Baer threw out Mr. Couloute’s lawsuit saying that Mr. Couloute could not show he had suffered any professional damage and ruled the comments were not defamatory because they were “clearly hyperbolic”. The Judge said that it would be obvious to anyone that the comments were the “opinions of disappointed lovers”.

Mr. Couloute says he intends to appeal the ruling: “When you look for a lawyer and the first thing that comes up on Google is defamatory, how are you not harmed?”

UPDATE ON LIARSCHEATERSRUS.COM

Karma is a bitch….Mr. Couloute married Lauren Haidon twelve days after dumping Ms. Ryncarz, having dated for two months prior to their wedding. Ms. Haidon stood up and defended her husband when he was cyber-slammed by his ex-girlfriends, but now she says they were absolutely right!

She filed for divorce in 2012 alleging that Mr. Couloute abandoned her and their 7-month-old baby. In an August 2012 family court filing she said “Father is mentally, financially, emotionally unstable. Father is emotionally abusive.”

But it gets worse. It appears the couple may have reconciled as the New York Post this week reports that Mr. Couloute was arrested and charged with third-degree assault. The victim is identified as his wife, but no name is given.

Lawdiva aka Georgialee Lang

Ugly Divorce: Allegations of Pedophilia/Exhibitionism Haunt Actor Stephen Collins

DSC00280Stephen Collins is an accomplished actor who has performed on and off- Broadway, and in a variety of films and television productions over a lengthy Hollywood career. He is most famous for playing the father in the WB network’s “7th Heaven” for over 10 years.

After a first marriage lasting seven years, he married actress Faye Grant in 1985 and they have one child together. Ms. Grant has not seen the same career success as her husband.

Unfortunately, in 2012 their marriage broke down and Mr. Collins filed for divorce. According to Ms. Grant, about that same time they were in couples’ counselling and during a confidential counselling session Mr. Collins allegedly admitted he had sexually molested several young girls. A tape recording of this session was made by Ms. Grant without Mr. Collins knowledge and she saw to it that the tape was delivered to the police in New York.

After an apparent investigation no charges were filed agains Mr. Collins and that might have been the end of it, until gossip giant TMZ recently received a copy of the tape and released it on their website.

TMZ has stated that the tape came from Faye Grant although she has denied their claim. In the meantime, court documents filed by Ms. Grant have surfaced that are adding more fuel to the fire and Stephen Collins’ career resembles a funeral pyre, with the release of this startling information.

He was about to commence production on a movie but was immediately let go and has also resigned from the national board of the Screen Actors Guild.

The sad and sorry part is that the this tape and the accompanying allegations have nothing to do with the divorce that is before the court. Their child is an adult. The only issues are financial. Ms. Grant is seeking $13,000 a month in spousal support and division of their family community property, which reportedly amounts to $13 million.

Mr. Collins’ lawyer has said that Ms. Grant used the audiotape to extort additional monies from his client, beyond the amounts she would be entitled to by law. Of course, Grant’s attorney denies that, only allowing that she wanted him to provide a trust fund for their adult daughter and make a donation to a sexual abuse charity.

It can’t be a coincidence that the tape was released on the eve of their divorce trial this week, which has now been postponed because Faye Grant’s lawyer refuses to continue to act for her, citing a dispute regarding his legal fees and an “irremediable breakdown of the attorney-client relationship”.

If she is entitled to a substantial portion of their $13 million dollar
estate, her attorney’s excuse for dropping out of the case sounds suspicious. Could it be that her attorney realizes she has sabotaged her case by the release of the tape?

With no income coming to Mr. Collins, Ms. Grant must surely understand that any thoughts of significant spousal support are a pipe dream. And now she also has to respond to her husband’s lawsuit against her, where he is seeking $1 million dollars in damages for the harm she has caused to his career and his lost income.

At this stage, no alleged victims have surfaced and I suspect that is why the police investigation in 2012 came to a stand-still. Nonetheless, true or not, it will be a miracle if Stephen Collins can recover his reputation and professional status in Hollywood.

So ugly, and so unnecessary….Let the criminal justice system deal with this issue. It has no place in family court.

Lawdiva aka Georgialee lang

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Divorcing Koreans Flock to Nevada for Quickie Divorces

10950859361151CDPKorea’s leading newspaper, Chosun Ilbo, reports that many young Koreans are no longer willing to wait out what they consider to be the slow and arduous legal process to get divorced in Korea.

While in the past it was only celebrities and the wealthy who travelled to Nevada, nowadays ordinary Koreans are taking advantage of Nevada’s lax divorce laws to expedite their divorce. Under Nevada law, only one party needs to come to Nevada and stay a mere six weeks to obtain a divorce order that is valid in Korea.

It can’t be considered a hardship to hang out in Las Vegas for a week or two, catching some of the world’s greatest entertainers and poshest restaurants before embarking on nearby tourist attractions like the Hoover Dam, Lake Tahoe, the Grand Canyon, Lake Mead, and Red Rock Canyon.

Because gambling is illegal for Korean nationals in their country (while open to foreigners) Reno, Vegas, and Laughlin casinos may be a big attraction for Koreans waiting to receive their divorce decrees.

Couples who can’t afford the Nevada option are required to undergo a lengthy separation process even if divorcing amicably. This involves attendance at education classes and meetings with family court-appointed counsellors. A three-month waiting period then applies if the couple decided to proceed with the divorce. The entire process can take up to a year.

In Korea, 1 in 3 couples that tie the knot gets divorced. According to figures from the Supreme Court, there were 329,220 marriages and 114,781 divorces in 2012. The annual numbers have remained similar over the past decade.

Frankly, a divorce within a year hardly seems like a lengthy wait. Koreans would be shocked to see some Canadian and American divorces that rage on for many years at great expense.

Lawdiva aka Georgialee Lang

Will Bankrupt Billionaire Escape His Spousal Support Obligations?

DSC00507 (2)American Samuel Wyly and his late brother Charles made their fortune as savvy entrepreneurs. They founded or grew a variety of successful businesses including arts and crafts stores Michael’s, University Computing Company, restaurant chain Bonanza Steakhouse, and Sterling Software. They also reputedly donated over $90 million dollars to charitable causes, including large donations to the Republican party.

Along the way some of their business activities attracted the attention of the U.S. Securities and Exchange Commission. In 2006 they were under investigation for their alleged use of potentially illegal offshore tax shelters. Grand juries in New York and Texas were tasked with investigating whether the brothers had used funds in offshore trusts to purchase $30 million dollars of art, jewellery, furniture, and other personal items for themselves.

They denied any wrongdoing and advised investigators they would invoke the fifth amendment if they were subpoenaed to testify. They were never called, a bullet dodged.

However, an insider trading investigation in 2010 did not end as well. The allegations, later proved in court, were that Samuel Wyly used insider information to buy and sell securities for an undisclosed profit of $550 million. He apparently traded public stock in companies where he and his brother served as board members, through hidden entities in other jurisdictions.

A Manhattan federal jury in May 2014 found Mr. Wyly guilty and it is expected that Mr. Wyly will have to “disgorge” or pay back $300 million dollars. His assets were also frozen.

Last month Mr. Wyly filed for Chapter 11 bankruptcy in Texas, an event that caused consternation for his ex-wife Victoria Lee Wyly, now Torie Steele, who after their 1991 divorce negotiated support payments of $500,000 per year. In his bankruptcy filings Mr. Wyly recorded monthly spending of $1 million. That has also been curtailed by bankruptcy officers.

Spousal and child support payments are not cancelled by a bankruptcy, however, a paying party’s change in income will be grounds for a variation of support. According to Ms. Steele’s lawyer, Samuel Wyly has already missed a monthly payment of just over $40,000.

There is, however, a complicating factor in respect of Ms. Steele’s support payments. To avoid the “risk and cost” of a contested spousal support hearing the parties agreed in 1993 that Mr. Wyly would act as an investment advisor for Ms. Steele, manage $5 million dollars of her funds, and guarantee her returns of $500,000 per year for her lifetime.

In 2007 Mr. Wyly went to court seeking to be released from this obligation. A judge upheld the arrangement saying Wyly “was agreeable to taking his chance with his acumen as an investor as opposed to
risk incurring any further spousal support obligations.”

The question for the bankruptcy court is whether Ms. Steele’s investment income arrangement constitutes spousal support and if it does not, where does that leave her?

I’ll be watching this case closely and report the outcome in due course.

Lawdiva aka Georgialee Lang

Family Court Judge Scolded for Discourteous Remarks

_DSC4179 - Version 2I have some sympathy for Judge Daniel Healy of Solano County, California. As a family court judge he has likely seen and heard it all…and I can readily accept that his intemperate remarks to certain litigants was borne out of intense frustration.

Among the worst of his “undignified and discourteous” remarks were the following:

In August 2013 Judge Healy was presiding over a family law case where a husband alleged his spouse was driving drunk with the couple’s child in her car. Judge Healy commented that while the two parents may not chronically abuse drugs and alcohol, both of them struck him as “rotten”. He called the mother a “liar” and said “Why don’t you prove to me that you recognize what a train wreck you are?” He also told her lawyer that she should be “grovelling like there is no tomorrow”.

In another case Judge Healy rebuked the father for his threatening and vulgar messages to his wife, saying “if the children do something thuggish and stupid it’s because their father is thuggish and stupid.” He also remarked “life is too short to let kids be tortured by rotten parents like you two”.

And in a 2012 case he said “This is the first time I’ve seen you but if you are exposing your daughter to one-fifth of the attitude I’m getting from you right now, you might as well have her start walking the streets as a hooker because that’s the life you’re going to subject her to, when you treat her like this, when you flash this attitude like this.”

Judge Healy also threatened litigants with imprisonment on multiple occasions despite lacking any authority to do so.

Yes, I think he crossed the line, but the stress of dealing with unfit, incompetent parents on a daily basis would cause the most sane of us to finally say what we really thought. No excuse, but understandable.

The Discipline Commission held as follows:

“Judge Healy argued that blunt and evocative language is sometimes necessary to compel litigants to gain awareness of their circumstances, the harm that they are causing their children, and the importance of respect and cooperation. The commission disagrees. Referring to litigants as “rotten,” “stupid and thuggish,” and a “total human disaster,” and telling litigants their child “might as well start walking the streets as a hooker,” is the antithesis of imparting the importance of respect.”

Judge Healy received a “public admonishment” and no longer sits in family court. He is likely happy to be out of there!

Lawdiva aka Georgialee Lang