July 14, 2010

The Famous Five: Celebrity Divorce and Destruction

A San Jose family law attorney comments on celebrity splits

Time again for another edition of The Famous Five: celebrity divorces, custoday battles and all around "really...???" moments of the rich and (in)famous....

Paul McArtney and Heather Mills settled their divorce amidst much media mayhem and controversey over Mills request for a $125 million settlement. The outcome was $50 million to support her, their daughter, Beatrice and a "little" something to buy a London residence. THe former model turned charity worker said during the ordeal she was treated worse than a pedophile in the media, according to www.cnn.com.

The late Gary Coleman's divorce from Sharon price was an episode of Divorce Court!

Russell Simmons and Kimora Lee Simmons, hip-hop and fashion celebrities ended their marital bliss while remaining under the same roof for "professional" reasons...their join clothing line, Baby Phat, is achieving record success. The couple's marriage lasted 8 years and they have two daughters together.

Ted Danson's divorce to first wife Casey Coates, a designer, ended in a $30 milliion settlement for her. They couple have 2 children together and it is rumoured that the divorced was precipiated by Danson's public affair with Whoopi Goldberg.

According to various online sources the price tag of $80 million was attached to Kevin Costner's settlemend to his wife of 15 years, Cindy.

If you have a question regarding Family Law in San Jose please contact us at 408.279.2288 or visit the Family Law section on our website at www.sagarialaw.com. Call today and we will connect you with an experienced San Jose Family Law Attorney. After you have spoken with one of our San Jose Family Law attorneys, we can schedule you a free face to face appointment to discuss your circumstances. If you have questions or are considering any aspect of filing for Divorce, a Paternity issues, Child Custody & Visitation, Spousal Support & Alimony, etc. we can help! Call us now at 1800.941.6730. We look forward to hearing from you and assisting you with any and all family law needs.

July 12, 2010

Divorce Du Jour: Tiger Woods

A San Jose Family Law attorney observes the downward spiral of celebrity divorce in the media...

Aside from the 750 mil rumour surrounding the Tiger Woods/Elan divorce settlement, TMZ now reports that one of Tiger Wood's lovers, Rachel Uchitel (touted as his #1 mistress) will check into "Celebrity Rehab" with Dr. Drew for an estimated $500,000.

TMZ on the web reports that she will join Janice Dickinson, among others and that Rachel is looking to get off a pill popping habit.

The TMZ article also said she is also considering 'Celebrity Apprentice" with Donald Trump.

If you have a question regarding Family Law in San Jose please contact us at 408.279.2288 or visit the Family Law section on our website at www.sagarialaw.com. Call today and we will connect you with an experienced San Jose Family Law Attorney. After you have spoken with one of our San Jose Family Law attorneys, we can schedule you a free face to face appointment to discuss your circumstances. If you have questions or are considering any aspect of filing for Divorce, a Paternity issues, Child Custody & Visitation, Spousal Support & Alimony, etc. we can help! Call us now at 1800.941.6730. We look forward to hearing from you and assisting you with any and all family law needs.

December 31, 2009

San Jose Bankruptcy Attorney comments on the largest celebrity bankruptcy and divorce filings of the decade.

San Jose Bankruptcy Attorney  comments on the largest celebrity bankruptcy and divorce filings of the decade.

The Top 5 celebrity divorces of the decade ending this week include:

  • Kevin Coster and Cindy Silva‘s divorce cost the “Dances With Wolves” star an estimated $80 million.

  •  Harrison Ford’s 2004 divorce from wife Melissa Mathison cost the action film star an estimated $85 million, and according to Forbes, a cut of Harrison’s future earnings for the movies he made while they were still married, which included two “Star Wars” films and three “Indiana Jones” movies, plus many more.

  • Steven Spielberg’s divorce from Amy Irving cost Spielberg more than $100 million after Irving successfully challenged the prenuptial agreement the couple had signed.

  • Neil Diamond’s divorce from his wife of 27 years ended with him paying her an estimated $150 million, or roughly $5.5 million for every year they were married.

  • Michael Jordan’s 2007 divorce holds the record at more than $168 million when he divorced his wife Juanita after 18 years of marriage.
  • The Top Celebrity bankruptcies of the decade include:

  • Stan Lee (2001): - Lee's business partner was accused of securities fraud, and Lee and Stan Lee Media filed  for Chapter 11 bankruptcy protection.

  • Mike Tyson (2003): Tyson, the former heavyweight boxing champion and convicted rapist, blamed lavish spending on cars, mansions and Bengal tigers, plus poor financial advice, for his 2003 bankruptcy.

  • Donald Trump (2004, 2009): Trump's Atlantic City hotel & resort company filed for Chapter 11 bankruptcy  protection twice this decade in order to reorganize debts related to construction.

  • Michael Vick (2008): Vick, once of the highest-paid athletes in the country, filed for bankruptcy from behind bars in 2008 following his conviction for dog fighting and other federal charges that landed him in prison.

  • Lenny Dykstra (2009): Dykstra’s magazine, The Players Club, hit some financial roadblocks that led to more than 20 lawsuits. Dykstra filed Chapter 11 bankruptcy.
  • Top 10 Most Expensive Celebrity Divorces, accesshollywood.com, December 16, 2009

    Top 10 Celebrity Bankruptcies of the Decade, totalbankruptcy.com, December 29, 2009

    If you have a question regarding Bankruptcy in San Jose please contact us at 408.279.2288 or visit www.bkanswers.com and we can connect you with one of our experienced San Jose Bankruptcy Attorneys.  After you have spoken with one of our San Jose bankruptcy attorneys we can schedule you a free face to face appointment in our office location nearest you.  Our team of San Jose Bankruptcy Lawyers can assist you with all aspects of your case. If you are have questions about filing a chapter 7 bankruptcy, a chapter 11 bankruptcy, a chapter 13 bankruptcy, lien stripping, cram downstopping a foreclosure or wage garnishment, discharging debt, etc. we can help! We have bankruptcy attorneys located throughout California who can assist your financial needs.  Please feel free to complete our free bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy.