Harold Hamm, the Chief Executive and majority shareholder of Continental Resources, has been ordered to pay $1 billion dollars to his wife in a divorce settlement by a court in Oklahoma. It is estimated Harold is worth more than $18 billion dollars. Forbes magazine has named him as the 24th richest man in the United States. This $1 billion dollar … [Read more...]
Getting Divorced During an Economic Downturn
The financial crisis in the United States is causing tension within families. Financial problems can be the cause of a divorce. In most marriages the family home is the largest asset. The decline in home values over the past three or four years has resulted in many homes being worth less than the mortgages on them. Postponing Divorce Recent … [Read more...]
Wife Gives Condo to Ex-husband
Justice Belen sits in the Appellate Division of the Second Department located in Brooklyn. He recently wrote a decision regarding a joint will involving Sandra Angelo Murray. In the year 2000, Mr. & Mrs. Murray entered into a divorce settlement agreement. In the divorce settlement, they reaffirmed their 1993 joint will. This 1993 joint will … [Read more...]
