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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. Request For Sale of Dodgers Highlights Potential Option in California High Net Worth DivorcesFrank and Jamie McCourt, the couple who have been involved with and both of whom have claimed ownership of the Los Angeles Dodgers, have been mired in a contentious and lengthy California divorce case that has brought about a public spectacle that has almost certainly been difficult for the family to handle. While their private lives have unfortunately been exposed to a large degree, a request made by Jamie McCourt highlights one of the potential steps that's taken with high asset California divorce cases - a forced sale. According to several reports, California divorce lawyers working on behalf of Jamie McCourt have requested that the judge overseeing their case order a sale of the Los Angeles Dodgers so that the parties can simply divide the profits as part of the required asset division that's a component of every California community property divorce. Jamie McCourt wants the sale to occur privately so that the parties can maximize the value of the transaction. For his part, Frank McCourt is requesting that the judge not approve this type of order because he claims that the Dodgers are his to own solely and that the franchise is not community property and therefore not subject to division under the laws of California. In many of these cases, assets that are not liquid in nature can be required to be sold so that the parties can split the value with some form of equity. San Diego High Net Worth Divorce LawyersUnfortunately, as stated above, this is all playing out in public for the world to see, and it's possible that all of the parties involved will suffer damage that could take a lifetime to overcome. Situations like these all but require discretion in order to protect parties that may be innocent. However, once this process moves downhill it's difficult to turn the tide. If you find yourself facing the prospect of a divorce and you'd like to take steps to minimize the chances that it's litigated in the press, seek the help of San Diego high net worth divorce lawyers who have helped clients in this position for many years. Contact the law office of James D. Scott today to schedule an initial consultation. |
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