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San Diego Family LawJames D. Scott, Certified Family Law Specialist in San Diego specializing in divorce mediation and high profile, high net worth divorces. McCourt Divorce an Example of What Can Go Wrong with High Net Worth Cases
The McCourt divorce is making national headlines and is providing an example of what can go wrong in high net worth divorce cases.
Frank and Jamie McCourt are two high-profile people who served as the owner and CEO of Major League Baseball's Los Angeles Dodgers, one of the most visible franchises in all of sports. They initially ran the ball club as a team and as a couple, and for a time they were seen in a very positive light by the residents of Los Angeles and the fans of the Dodgers. Unfortunately, the situation began to unravel about a year ago when news of their impending divorce became public. Since then, the two parties have been at each other in just about every way imaginable, and this public divorce litigation fight has not only exacted a serious financial toll on the marital estate, but it has also harmed both of their names and the brand of the Dodgers in the public eye. Specifically, the spouses were fighting over millions of dollars in assets as well as control of the Dodgers. The fight got so nasty that their estate's worth began to suffer, and recently Major League Baseball took the extreme step of replacing Frank McCourt as the owner of the team with a Major League Baseball trustee after Commissioner Bud Selig learned that Mr. McCourt was borrowing money to make payroll. San Diego High Net Worth Divorce LawyersObviously, people who have a high net worth who want to put an end to their marriage have much to lose. The possibility of losing assets and credibility only becomes greater if the issue becomes one for public consumption. In these situations, discretion will generally serve both parties much better and allow those who want to move on to be able to do so without exhausting the value of their life's work. If you have a high net worth and you'd like to work towards ending your marriage properly, seek the help of San Diego high net worth divorce lawyers who have helped countless couples move on properly. Contact the Law Offices of James D. Scott today to schedule an initial consultation. Tags: Untagged
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