divorces

Back in July, Chicago, Wall Street, and the universe, really, were rocked by the prospect of Citadel founder Ken Griffin losing his title as World’s Richest Illinoisan, following the news that he and his wife were getting divorced. For those who haven’t been following the story, a quick refresh:

* July 23, 2014: Ken’s lawyers serve Anne with divorce papers.
* July 23, 2014, later that day: Anne’s lawyer says in a statement that Ken “unilaterally filed a divorce petition…with no notice to either me or my client, knowing full well that she had just left for summer vacation with their three young children and would therefore be unable to respond.”
* July 24, 2014: Ken’s lawyers preemptively put it out there that the couple’s prenup is: “…valid, binding and enforceable…”
* September 2, 2014: Anne Dias Griffin says fuck you and fuck your prenup; says through a lawyer she wants it voided; claims that Ken sprung the prenup on her three days before their wedding, then got her to sign it by suggesting the two see a therapist while failing to mention he was already a patient of said therapist.
* September 3, 2014: Re: allegations by Anne that he’s an absentee father, Ken brings out the big guns: “A source close to Mr. Griffin called the father of three a devoted dad who’s been known to dress as Spider-Man for a school Halloween party and as a prince for a daughter’s birthday party that had a princess theme.”

Which brings us to today. From Ken’s camp, there’s the news that Anne’s already received a sizable chunk of change over the course of their marriage. From Anne’s, it’s that Ken’s changed the locks on their many vacations homes and maybe threatened to take a wrecking ball to their Chicago penthouse? Read more »

Martin Klotz, the attorney representing Cohen,* has thrown himself at the mercy of the court and asked, for the umpteenth time, that suit brought by Patrica Cohen– the ex-wife that could– be dismissed. Klotz made the request of U.S. District Judge William Pauley who, if you’re keeping track at home, is the second judge to preside over this case, while the plaintiff is on her third lawyer. Read more »

  • 02 Dec 2013 at 11:52 AM

Donald Trump Discovers Pre-Nup He Doesn’t Like

The hard-charging wife of Dallas hedge-fund mogul James Dondero is proving to be as relentless as her husband in their epic divorce battle. Rebecca “Becky” Dondero, 32, plans to try a novel legal tack to get her estranged husband to cough up more cash than a $5 million prenuptial payout, according to sources. Last month, a Dallas state court jury determined that Becky was not entitled to more money under family divorce proceedings. At the trial, each argued that the other had violated terms of their prenup. The jury decided that both sides had breached the agreement but that it would remain in effect. A new trial is set for June 9 to decide if Becky is entitled to the full $5 million. To get around the maximum, however, she is preparing to claim under general contract law — as opposed to family law — that she is still entitled to damages because the jury determined that he breached the prenuptial contract, sources said. “Ms. Dondero’s demands over two years of negotiation varied between four and eight times the amounts stipulated in the prenuptial agreement and culminated in her filing 11 separate motions to invalidate the prenuptial agreement,” James Dondero said in the statement. Meanwhile, Becky, who declined to comment on the case, has a surprising ally. Donald Trump — no stranger to divorce court — sent her a note wishing her well and making it known that he was no fan of her husband’s, sources said. [NYP, earlier]

Henry Silverman is a billionaire investor and a certified genius. His genius is evident in Cedant Corporation, the company he built with his bare hands that made him a rich many many times over. His genius is less evident in his decision to leave his wife for a yoga instructor he hooked with the line “Google me,” and thinking he wasn’t going to have to pay his ex big time, despite having no pre-nuptial agreement. Read more »

Thinking about getting divorced (for a first, second or third time)? When it comes time to divide assets, which are you more willing to take your ex to court over- kids or dog? According to a new study- by the people who brought you the statistic that 87% of adulterous financial services employees cheat with colleagues- the majority of divorcing bankers could take the kids or leave them but really want that damn dog. Read more »