McCourt: Wife didn't want to be Dodgers owner Sep 3, 2010
Jamie McCourt hopes a judge will throw out the pact and have the assets split evenly under California's community property law. Copyright 2010 by The Associated Press. (ESPN -- Baseball)
Frank McCourt expected to testify in divorce case Sep 2, 2010
Jamie McCourt contends the agreement should be thrown out and those assets should be split evenly under California's community property law. Superior Court Judge Scott Gordon will decide if the 10-page document is valid. (FindLaw News)
McCourt's memory fuzzy at divorce trial — GREG RISLING, Associated Press Writer, Sep 2, 2010
He contends the agreement gives him the Dodgers, the stadium and the surrounding property, while his wife believes the agreement should be thrown out and those assets should be split evenly under California's community property law. Superior Court Judge Scott Gordon will have to decide whether the 10-page agreement is valid. (San Diego Union-Tribune)
Does income impact fidelity? Sep 2, 2010
If she makes $95,000 and he makes $55,000, or he makes $95,000 and she makes $55,000 then the $150,000 is both of your community property ... Community property and mutual respect, but please earn something. (Atlanta Journal-Constitution -- Living)
Dodgers owner takes stand in his divorce trial Sep 1, 2010
She says the Dodgers, the stadium and the surrounding property should be split evenly under California's community property law. Share this article. (KGW Northwest NewsChannel 8, OR -- Business)
McCourt vowed to not share Dodgers with ex-wife Sep 1, 2010
Frank McCourt maintains the agreement provides for his sole ownership of the Dodgers, while Jamie McCourt contends it should be thrown out and the assets should be split evenly under California's community property law. Bishop said that despite a series of e-mails and letters exchanged among her, the couple and their advisers between August 2008 and early 2009, Frank McCourt never expressed concern about making the team community property until May 2009 when he sent an email to Bishop. (SportsIllustrated.CNN -- MLB)
Texas Court Says Gay Couple Can't Divorce Sep 1, 2010
Among reasons J.B. argued for a divorce instead of a voidance were that spousal support and community property laws only apply in divorce cases. The appeals court said those issues are policy arguments that must be addressed by the Legislature. (Time.com)
Dodgers owner Frank McCourt testifies at divorce trial Sep 1, 2010
They seek to have the Dodgers, which they claim is community property, split evenly between the McCourts ... Moreover, they say a key portion of the agreement was switched after it was signed and notarized and three of the six original signed copies of the deal exclude the Dodgers from Frank's separate property, making it community property. (USA Today -- Sports)
Lawyers Take Swings at Each Other in Dodgers Divorce Trial Aug 31, 2010
For one thing, the agreement was the product of "undue influence," since Silverstein, who knew little to nothing about California community property laws, drafted the deal to significantly favor Frank McCourt, even though he represented both parties at that time ... Leah Bishop, a partner in the Los Angeles office of Loeb & Loeb who represented the couple in their estate planning matters, will testify that Frank McCourt told her in 2008 to "fix the agreement" after the couple realized how it... (Law.com)
Dodgers say goodbye to Manny, hello to divorce court Aug 31, 2010
" According to Susman, Jamie sought over the years to protect herself from potential Dodgers losses and creditors and wanted the property division to secure her personal nest egg. At one point in Susman's opening, he used a graphic displaying "Frank's basket" labeled Dodgers and "Jamie's Nest Egg," with a brick wall between the two. As eggs slowly moved across the screen, landing in Frank's basket or Jamie's nest egg, snickers were heard in the courtroom. That was about the only light moment,... (USA Today -- Sports)
The McCourts go to court with L.A. Dodgers future at question Aug 30, 2010
Yet, Jamie McCourt's attorneys say they discovered a copy of their marital agreement that lists the Dodgers as community property. Frank McCourt's attorneys say it was simply a clerical error. (USA Today -- Sports)
My turn: Carlos Boozer sets example today's youth should follow Aug 19, 2010
They are disrespectful or their parents, coaches, teachers, classmates, girlfriend or boyfriend, the clerk at the grocery store, community property and community members. I've seen the scenario repeated over and over again in this town. (Juneau Empire)
How to Stretch a Roth IRA to Last More Than 150 Years Aug 18, 2010
When she dies, Briana can leave the Roth IRA to anyone she wants (although she may need her spouse's consent in certain circumstances if she lives in a community property state). An IRA inherited by someone is sometimes referred to as a "Beneficiary IRA" or a "Stretch IRA," especially if the person is very young. (RealtyTimes)
Striking unions: government's revised offer a stalling tactic Aug 16, 2010
Online Edition Powered By IOL. DisplayAds('SkyLEFT',17,). (Business Report, South Africa)
Touring pros to challenge The Links of N.D. Aug 13, 2010
Just because a few went out of their way to destroy community property, there is no need to let others suffer and ruin a good party. The Virgil Syverson Performance Center will be up and doing business as usual this evening. (Williston Daily Herald, ND)
The Judge Has Spoken - Whether You Like it Or Not Aug 6, 2010
"Proposition 8 fails to advance any rational basis in singling out gay men and lesbians for denial of a marriage license," federal Judge Vaughn Walker wrote. So one judge overturned a measure approved by 52 percent of California voters in 2008 and upheld by the California Supreme Court in a 6-1 ruling. (Townhall.com)
The un-divorced Aug 2, 2010
If you win the lottery, thats community property. Finances can swing wildly, creating an alimony boon or a bombshell should one partner eventually want a divorce. (MSNBC -- Health)
GVR swim program Jul 31, 2010
Mike wrote on Jul 29, 2010 8:08 AM:" Very annoyed when we saw the latest flyer. Is it family hours or kid hours? If its family hours then my family (wife and I) should be able to use OUR GVR facilities and use the swim lanes and or walking lanes. Really hate this idea of making GVR a family community. Nonsensical and it reduces our adult community property values. The kids and their friends from Sahuarita are unbearable and their parents rude. This is a retirement community and we spend good... (Green Valley News & Sun, AZ)
http://sports.espn.go.com/mlb/news/story?id=5374371 Jul 15, 2010
Boies will also argue that California law states a marital property agreement cannot be conditional, and since it was signed in Massachusetts (which is not a community property state) it is not valid in California (which is, meaning all assets acquired in a marriage belong equally to both spouses) ... Says Boies: "Every dollar Frank spends on attorneys to keep Jamie from getting a penny could be spent on starting pitching." Boies says that even if Frank wins on the post-nup, he'll have to pay... (ESPN -- Baseball)
IRS adopts state domestic-partner property law Jun 3, 2010
In a significant move for same-sex couples, the Internal Revenue Service has decided to recognize California's community property law and treat the income earned by California registered domestic partners as community property income for federal income tax purposes ... Itemized deductions get messy, but in general any deductible expense paid with community property funds should be split between the partners, says Chris Kollaja, a San Francisco CPA. ... That law says that in California, any... (San Francisco Chronicle -- Business)
Spousal support awarded in McCourt case May 8, 2010
A trial has been set in late August on the larger issue of whether the Dodgers are community property ... If he rules the team is community property, Jamie McCourt could argue again that she should get her job back. (MLB.com -- Los Angeles Dodgers)
Can Gay Couples Divorce Where They Can't Marry? May 2, 2010
J.B.and H.B. had married in Massachusetts in 2006, J.B. later was transferred to Texas where the couple shared community property and developed the sort of intertwined financial relationship most heterosexual couples have. The AG's office also suggested voidance would be appropriate in the Austin case, but Luther says it is vital in custody cases to give divorced parents a legal framework and recourse to a judge's oversight to address often mundane parenting issues. (Time.com)
Report: Tesla CEO's divorce may affect IPO May 2, 2010
Reported to be at stake are his holdings in Tesla, and , which Justine claims were community property. A reduction in Elon Musk's stake in Tesla could reportedly put the company in default on a clause in the company's $465 million loan with the Department of Energy on the plant where he plans to build the Model S electric sedan. (San Jose Business Journal, CA)
NVR offers $170M for Orleans Homebuilders Apr 15, 2010
The agreement also does not include Orleans community property management subsidiary and mortgage broker affiliate. For homeowners who put deposits down, the agreement also provides for the continued construction and closings of all homes under construction as well as honoring the backlog contracts on homes under agreement. (Philadelphia Business Journal, PA)
Gorilla at work: Gimmick draws attention to vacant commercial property Mar 31, 2010
7:45 p.m. Tuesday, March 30, 2010. The Atlanta Journal-Constitution. (Atlanta Journal-Constitution -- Business)
Frank McCourt' wife seeks nearly $1M per month Mar 30, 2010
If he rules the team is community property, Jamie McCourt could argue again that she should get her job back. 2010-03-29 08:04:39 GMT. (FindLaw News)
L.A. drama: Ownership of Dodgers at stake in McCourts' split Mar 23, 2010
Community property state. Sports franchise. (USA Today -- Sports)
Tenets of divorce that define alimony, more Mar 13, 2010
Community property states In general, in community property states like Texas, Arizona, Washington and California, divorcees own together almost all property that they have jointly or independently acquired during their marriage, regardless of whose name it is in. Thus in a community property state, each of the spouses own an undivided half interest in the value of their marital property / community property. (India Times, India)
Wedding Planning and the Prenuptial... Jan 23, 2010
Community Property States and Divorce Law. Certain states are community property states, and certain divorce laws in community property states already follow the intent of a prenup ... Unless there are complicated issues above and beyond the listing of simple tangible assets, a prenup may not be as necessary in a community property state as in a state where no such laws exist. (Suite101.com)
More Money, More Men? Jan 22, 2010
Also regarding money, if yall are married, isnt it all community property and there is no need to keep score. If you make $110,000 and he makes $60,000, then you guys bring in $170,000. (Atlanta Journal-Constitution -- Living)
Student to run for city council Jan 21, 2010
if (clientBannersAvailable == 1) { showClientBanner(1). Issue date: 1/21/10 Section. (The Battalion, TX)
You and the Law My stuff is worth what?!!! Jan 16, 2010
And, from a legal perspective, if these were brought into the marriage -- something owned before you got married -- then it's probably not community property, but your own, separate property," the appraisers were quick to point out.When to get outside helpIn a divorce, there is a natural tendency for one side to want a high price and the other, a much lower price. This is where a qualified appraiser can be a real helping hand, working in a completely neutral way, with access to far more sale and... (Hanford Sentinal, CA)
McCourt: Divorce won't affect Dodgers Jan 15, 2010
"When you talk about California, a community property state, and a divorce and sports teams, people might come to the conclusion that the team gets split and so forth, and perhaps that's the situation in San Diego," he said. "My situation is different. There were agreements signed and those agreements alter what is normally the case in a community property state. That's my case. I have agreements, they are public record and they show very clearly I own the team, 100 percent of the team, and I... (MLB.com -- Los Angeles Dodgers)
