Marie Douglas-David, wife of former United Technologies CEO George David, “says the money isn’t enough to maintain her $53,000-per-week living expenses”. [Chicago Sun-Times, Hartford Courant]
Chronicling the high cost of our legal system
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Point of Law- State of play on Alien Tort litigationLee G. Dunst of Gibson Dunn, writing in the New York Law Journal (PDF), reviews recent cases and concludes that the courts are tending to dismiss most actions filed under the Alien Tort Claims Act (also known as the Alien... […]Walter Olson
- Higher punitives for wealthier malefactorsIra Stoll at Future of Capitalism has some doubts about that new $300 million tobacco verdict.... […]Walter Olson
- The price of New York ethics, cont'dIra Stoll, Future of Capitalism: The New York state attorney general, Andrew Cuomo, won't accept campaign contributions from people with matters before his office. Conveniently enough, however, he will, and does, accept such contributions from their lawyers, Bloomberg News reports.... […]Walter Olson
- USDC: Corrupt PA Judges Have Civil ImmunityA federal district court judge has just ruled that two disgraced Pennsylvania state court judges, Michael T. Conahan and Mark A. Ciavarella Jr., are protected by immunity from facing legal action for courtroom acts that consisted of over 6000 corrupt... […]Michael Krauss
- Around the web, November 23Tide turning against drug-pricing suits? Glaxo SmithKline beats back Kentucky case [Longstreth, AmLaw Daily] Court in Australia deems litigation funding pact improper as "unregistered managed investment scheme" [New Lawyer] Should docs be careful what they ask for? Michelle Mello... […]Walter Olson
- State of play on Alien Tort litigation
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- NYT Policy on Illegally Acquired DocumentsThe NYT’s environmental blog, Dot Earth, covered the disclosure of e-mails and other files from the University of East Anglia’s Climate Research Unit, noted that the files are available on various other website, but did not reproduce any files on its site. As Andrew Revkin explained in the post: The documents appear to have been acquired [...] […]Jonathan H. Adler
- Cato brief in McDonald v. ChicagoAvailable here. An outstanding brief, as one might expect. The bulk of the brief (21 pages, comprising Part I) shows that from the Founding Era into through the framing of the Fourteenth Amendment, national citizenship was paramount to state citizenship. Part II briefly argues that Slaughterhouse violated canons of constitutional construction–such as by in […]David Kopel
- NYT: “Wave of Debt Payments Facing U.S. Government”Wait, you mean we’re expected to pay all that money back? Copyright © 2009 This feed is for personal, non-commercial use only. The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint: [...] […]Orin Kerr
- Puffery PlaintiffsThe NYT reports that more companies are challenging claims made in competitors’ ads. Companies that were once content to fight in grocery-store aisles and on television commercials are now choosing a different route — filing lawsuits and other formal grievances challenging their competitors’ claims. Longtime foes like Pantene and Dove, Science Diet and […]Jonathan H. Adler
- WaPo on Climate E-mails (and More)The Washington Post covers the disclosure of e-mails from the University of East Anglia Climate Research Unit — e-mails that appear to have been subject to an FOI request and that were either hacked by an outsider or stolen and released by an insider. In one e-mail, the center’s director, Phil Jones, writes Pennsylvania State University’s [...] […]Jonathan H. Adler
- NYT Policy on Illegally Acquired Documents
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{ 9 comments }
I think the punchline here is “We’re not arguing about what you are. We’re haggling over the price.”
Bob
She has a lack of self confidence, fears being poor and childless, is described as a Swedish Countess, signed a post-nup that (according to the article) she had crafted by her lawyer, but she certainly does not seem to have a lack of brass (or gold). If she needs over 53K a week to live on, what would she describe poor as?
A deal’s a deal, unless you’re a liberal congressman or Swedish royalty. She could date Rep. Barney Frank but I think he’s on the other team.
I do recommend googling her – the jpegs are easy on the eyes…
The ex-wife’s argument is utterly ridiculous. A deal is a deal, under Connecticut law, unless it is “unconscionable,” and $43 million is anything but unconscionable.
Connecticut has adopted the Uniform Premarital Agreement Act (UPAA) largely unchanged. The judge should follow it, and uphold the post-nup. See C.G.S.A. 46b-36a to 46b-36j.
A quick bit of work with a calculator revels that with $43,000,000 in a non-interest bearing account, one could withdraw $53,000 a week for 15 and a half years without running out.
And our family of 6 lives on much less than that IN A YEAR (!)
According to an article in the New York Post (http://www.nypost.com/seven/03192009/news/nationalnews/poor_little_36m_wifes_trial_opens_160315.htm), they got married in 2002 and Mr. David first filed for divorce in 2004. So they were married continuously for only about 2 years, although they did have some on and off reconciliations since then. So that $43 million seems like an enormous sum for alimony for a marriage of only two years, no matter how wealthy the husband.
Learn to live with disappointment.
*shock* $53,000 per week? I wish I had that a year.
Some people are unbelievable.
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