A proposed auction of memorabilia and other assets once owned by Rolling Stones guitarist Ronnie Wood has triggered accusations by the musician that his ex-wife is selling his personal property without his authorization. While his former spouse contends that all of the items being sold are rightfully hers per the terms of their divorce settlement addressing equitable distribution and division of assets, Wood is adamant that the property is his, and he is seeking to stop the sale of those items.
So many real-life celebrity happenings end up as television movies or mini-series dramas, and a gambler likely would not bet against the odds of that happening regarding the long-running divorce battle of former Yahoo president Susan Decker and Michael Dovey, her ex-husband.
When assets are split up during the divorce process, investments are valued according to their worth on a set day -- not the potential value they may someday hold, for better or worse.
A near textbook case for examining the interplay of factors at work in a divorce featuring substantial and complex property division is currently emerging in a New York court. The case, which has a Florida nexus, involves Dmitry Rybolovlev -- one of the richest men in the world, with an estimated net worth of about $9 billion -- and his estranged wife, Elena.
Stories relating to Mel Gibson's high-profile family life appeared steadily throughout 2010, ushered in the new year and continued essentially unabated throughout the past 12 months. It hardly seems remiss, therefore, that one more Gibson-related story -- in fact, the biggest one of all -- helps close out the year.
High-asset property division is an obvious consideration in any divorce involving substantial assets. A tandem consideration can be the careful assessment of an experienced family law attorney that ensures that what a couple has decided upon is legally effected and will not suffer later legal challenge.
When we last left off with the Frank and Jamie McCourt divorce drama featuring high-asset property division in the truest sense, we stated that, "There is no end to the dispute on the near horizon." (Please see our September 2 blog post).
By all accounts, Barry Dougan -- the chief executive of the Credit Suisse Group -- is a very smart, successful and eminently sophisticated business executive, and that is exactly how the Connecticut Supreme Court chose to regard him in its recent ruling concerning the high-asset property division dispute between Dougan and his former spouse, Tomoko Hamada Dougan.