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Divorce Cases In The News

Glock Divorce Case News

Gaston Glock is the owner of the famous firearm manufacturing company. He and his wife have recently divorced, and it appears she may have the upper hand. The court has ruled that Glock owes his ex-wife alimony, despite her own wealth.

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Read more from businessweek.com:

As your one-stop-shopping site for news about the world’s most intriguing firearm manufacturer, we’ve got an important update on the Glock v. Glock divorce case in Austria. In brief: Score one for Helga Glock, ex-wife of Gaston Glock, the founder of Glock GmbH, which manufactures the eponymous semiautomatic pistol favored by cops, rappers, and Hollywood directors.

The Glock divorce proceedings concern hundreds of millions of dollars in firearm fortune and a dispute over stewardship of the family-owned gun empire. You can catch up with the background here. Today, Boris Groendahl of the Bloomberg News bureau in Vienna has this dispatch: continue reading…

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Simon Cowell’s Lover To Speed Up Divorce

Lauren Silverman is pregnant with Simon Cowell’s baby but is still married to Andrew Silverman. She is now trying to hurry the divorce proceedings along to avoid negatively impacting Cowell’s reputation. Cowell has had to distance himself from Lauren while the divorce is worked out.

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Read more from The Daily Star:

Lauren Silverman knows the longer the scandal drags on, the more the X Factor boss’s name will be smeared and her reputation put at risk.

The 36-year-old socialite, who is expecting Simon’s baby in the new year, is desperate to work out her divorce from property mogul Andrew, 37.

Despite being happy to be photographed shopping in the wake of the baby scandal, Lauren was determined to keep her head down yesterday as she headed for a meeting with her lawyers in New York. Continue reading…

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401Ks and Divorce

Divorce is often complicated, even before you get to working out the division of assets and finances. But for women especially, it is important to consult a reliable (aka not your ex) on what you are legally entitled to. Women often assume they have no share in their ex’s 401K,f or instance, but that is not the case.

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Read more from forbes.com:

Many divorcing women begin the process under the false impression that they aren’t entitled to a share of the value of certain assets. But let’s make one thing clear right away: When it comes to figuring out what you’re entitled to in a divorce settlement, your soon-to-be-ex-husband is not a reliable source of information!

For example, he will be all too happy to have you believe you’re not entitled to any of his 401(k) because it is “part of his job, and you have nothing to do with it.” He’ll be delighted if you’re mistakenly under the impression that his stock options can’t be divided in the divorce because they come solely from his association with the company and/or he hasn’t exercised them yet. And he will be in no hurry to correct you if you think you aren’t entitled to part of the value of houses, cars, boats, etc., because his is the only name on the title. Continue reading…

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Dwayne Wade’s Divorce Bill Reaching $10 Million

Dwayne Wade has been in the middle of a divorce dispute with his ex-wife for the past six years. His former wife and high school sweetheart has not made the process simple. He is paying both of their attorney fees, and those are going up with the latest defamation suit.

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Read more from The Miami Herald:

Miami Heat superstar Dwyane Wade could end up paying $10 million in legal bills for his divorce.

Two of the dozen or so lawyers in two states involved with Wade’s split from high school sweetheart Siohvaughn Funches tell Gossip Extra that the past few months in the six-year battle would undoubtedly make the meter reach that figure.

“We were at about $8 million last year,” said one lawyer who asked not to be named. “He’s paying more for lawyers than what he is paying his wife for the settlement.

“It was a complicated case, but it may have become personal.” Continue reading…

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