Details from Jamie McCourt's Divorce Filing an Eye-Popping Endeavor.Byline: Maury Brown Jamie McCourt's divorce papers show details of not only the McCourts lifestyle but the inner workings of the Dodgers, as seen through the eyes of Jamie (select image to read doc) "I have no inclination that anything will change from how the Los Angeles Dodgers do business." -- Los Angeles Dodgers General Manager Ned Colletti being asked about the turmoil involving Frank and Jamie McCourt's separation If the words of Ned Colletti don't ring hollow after reading through Jamie McCourt's divorce papers, then nothing out of the Dodgers organization, will. The document, that we pulled last night from celebrity website TMZ (http://www.tmz.com/2009/10/27/jamie-mccourt-pulls-divorce-trigger/#ixzz0VBBrbcKa), outlines just how dirty -- and potentially damaging financially -- the divorce of Dodgers owner(s) Frank and Jamie McCourt is shaping up to be. Maybe the biggest aspect of the split on the Dodgers centers on the need to reference the ownership of the Dodgers in plural. Depending on which side you ask in this messy situation, the Dodgers are either owned entirely by Frank McCourt, or are co-owned by both he and Jamie. That aspect is going to hinge on a document signed by Jamie entitled "Marital Property Agreement" (see page 37 of the divorce papers entitled "Frank Begins to Rewrite History Concerning Our Ownership of the Dodgers and to Drive Me Out of the Organization"). As Jamie declares, "According to Frank, that agreement purports to transfer ownership of all Dodgers Assets as well as all McCourt Company assets to Frank as a separate property. It was never my understanding that the purported effect of the document Frank asked me to sign in 2004 was to transfer the bulk of our assets to Frank." She then adds, with underlining for emphasis, that it "was not his -- or our -- intention in 2004 when we signed that document that the Dodger Assets or the McCourt Company assets be his separate property." Whether the Dodgers become the sole ownership of Frank or co-owned by Jamie is going to hinge on how the court sees the" intent" vs. "hard facts" of signing the Marital Property Agreement. But beyond the ownership of the Dodgers, the fact is, this divorce is going to be nasty, and maybe that's putting it mildly. The document reveals some information that is, even in Tinseltown terms, eye-popping. To say that it will be "business as usual" at the Los Angeles Dodgers is to say 8.5 earthquake is a nothing more than a speed bump. Here's some details: Select Read More (http://bizofbaseball.com/index.php?option=com_content&view=article&id=3688:details-from-jamie-mccourts-divorce-filing-an-eye-popping-endeavor&catid=26:editorials&Itemid=39) to see details of the Jamie McCourt divorce papers |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion