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Articles Posted in Business Interests

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Divorce Disclosure Requirements and Offshore Assets

In divorce cases where the parties have offshore assets, those assets are generally not reported to the Internal Revenue Service (“IRS”). However, California family law imposes a strict fiduciary duty of disclosure on all divorcing spouses. Throughout the pendency of a divorce case, the parties are under an ongoing obligation…

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George Clinton’s Wife Demands Full Disclosure in Battle Over Spousal Support

Funk music innovator, George Clinton, and his wife of 23 years, Stephanie Clinton, are now amidst a battle over spousal support. TMZ reports that Stephanie is now seeking Clinton pay up and is requesting the court to order both temporary and permanent spousal support. Clinton is reportedly not too pleased…

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Is her Divorce Putting Frankel’s Skinnygirl Fortune in Jeopardy?

Another Housewife is getting divorced. Bethenny Frankel, creator of the Skinnygirl franchise, is divorcing her Husband Jason Hoppy after only two years of marriage. For months Frankel has been fighting rumors that the couple is splitting but she has finally confirmed that a divorce is on the horizon. Frankel released…

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Can the Court Seize Control of Your Business like Major League Baseball did to the Dodgers?

A San Diego client recently asked me if the court could seize control of the parties community property business, which was started during marriage and is managed by his spouse. His question was prompted by what recently happened to the Los Angeles Dodgers. The owners of the Dodgers, Frank and…

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San Diego Resident Charles Brandes Pays $500,000 per month in Spousal Support to Ex Wife Linda Brandes

Do you think your spousal support payment is too high? A few weeks ago, the San Diego Union Tribune and the Wall Street Journal ran articles about the never-ending divorce saga of San Diego County’s wealthiest couple, Charles and Linda Brandes. According to Forbes, Mr. Brandes is ranked number 269…

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