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Posts tagged "asset division"

Frank McCourt victorious in divorce fee fight

Connecticut fans of the Los Angeles Dodgers may be familiar with Frank McCourt, the team's former owner. McCourt split from his wife of nearly 30 years, Jamie McCourt, in 2012. As part of their divorce settlement, Jamie was awarded $131 million, and she also was awarded ownership of several of the luxury homes the couple owned together. However, in their divorce agreement, the couple added in a somewhat unique clause stating that if either of them later chose to challenge the agreement in court, he or she would be responsible for paying the other's court costs and attorney's fees.

Rupert Murdoch's high-profile divorce settlement

According to insiders, media titan Rupert Murdoch is finalizing the terms of his divorce from his wife of 14 years, Wendy Deng Murdoch. Connecticut residents may not have known that among their high-asset real estate holdings, the Murdochs own a vineyard and mansion in Bel Air worth $29 million, a penthouse apartment on Fifth Avenue purchased for $44 million from Laurance Rockefeller, and a Beverly Hills estate.

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