Quote:Sue Ann Arnall, 56, scoffed at the jackpot-size payout from former hubby Harold Hamm — CEO of the energy company Continental Resources — demanding more money because he was allowed to keep the bulk of his $13.5 billion fortune.
The check, penned in bubbly handwriting, was made out for a mind-numbing $974,790,317.77 on Monday. The couple was married for 26 years.
http://www.foxnews.com/us/2015/01/07/angry-divorcee-refuses-74m-check-from-billionaire-oil-tycoon/
Holy hell. Prenups, people. Prenups.
Quote: rdw4potusShe turned down 1 billion dollars.
Not quite. ;)
This whole issue is much more complex if anyone cares... not often we get to see this much money change hands in a divorce.
Quote: EvenBobAce, was this your case?
I don't know if the Speed Count could handle the swings of 950 million to 6.75 billion =).
lol I love you Ace, just had to...
To be fair to the lady... If there's no prenup, and he's worth 13.5 billion... I'd tell him to right F off for 950 million too. Start at half, settle for 3-4 billion, call it a day. While 3-4 billion is -EV, it's 3-4 billion, so deal with it.
Pre marital assets were still the subject of his attention during the existence of the community which is a community asset. Also there are issues of commingling that transmutes the property.Quote: ahiromuPlus some of those assets were owned before marriage.
Quote: EvenBobAce, was this your case?
Quote: RomesI don't know if the Speed Count could handle the swings of 950 million to 6.75 billion =).
lol I love you Ace, just had to…
Quote: teddysAce is representing her. He would never go for that settlement!
Not my case but I did comment on it on CNBC.
The marital state is not a community property state but rather and equitable distribution state. And, the mantra of divorce attorneys in equitable distribution states is….say it with me class (LOL)
Equitable DOES NOT mean equal.
Additionally, she was a very savvy business woman who helped the company grow immensely alongside hubby.
for business. You literally can't buy
advertising like that. Well, you can,
but it's very expensive.
Quote:$974,790,317.77
The couple was married for 26 years.
In case you don't care to do the math yourself, that's about $1.18 a second.
$4000+ an hour, 24x7x26.
Quote: FleaStiffthere are issues of commingling
oral sex?
Quote: EvenBobAce, looking good on TV. Got to be good
for business. You literally can't buy
advertising like that. Well, you can,
but it's very expensive.
Thanks Bob - I try my best
Quote: aceofspadesThanks Bob - I try my best
I had no idea you were so high profile, Ace! Sounded good indeed... As Bob said that's got to be some amazingly free publicity =).
I can see the next news report: "High profile New York attorney barred from casinos in Atlantic City for using a specialized 'speed count!' ...More at 5!" =p
Quote: RomesI had no idea you were so high profile, Ace! Sounded good indeed... As Bob said that's got to be some amazingly free publicity =).
I can see the next news report: "High profile New York attorney barred from casinos in Atlantic City for using a specialized 'speed count!' ...More at 5!" =p
I should run a blackjack game in the lawyer's lounge between trials lol
Quote: aceofspadesI should run a blackjack game in the lawyer's lounge between trials lol
lol if you could you should... I'm sure we could fine tune a game that would be sure to be +EV for you =).
Lawyer's lounge sounds a lot like the Diamond lounge... Another place you go frequently and I won't see for a while =/.
Quote: Romeslol if you could you should... I'm sure we could fine tune a game that would be sure to be +EV for you =).
Lawyer's lounge sounds a lot like the Diamond lounge... Another place you go frequently and I won't see for a while =/.
HAHA - I've not been a Diamond member in years. Once I switched to Revel, I basically gave up those privileges.