Question: A famous postnup case, a married couple (Jamie and Frank McCourt) had an argument over the terms of their postnuptial agreement and the ownership of
A famous postnup case, a married couple (Jamie and Frank McCourt) had an argument over the terms of their postnuptial agreement and the ownership of the Los Angeles Dodgers. The couple were married and living in Massachusetts when they entered the postnuptial agreement. After purchasing the Dodgers, they decided to move to California (a community-property state).
One of the objectives of the postnuptial agreement was to try to shield some of their assets from creditors. Do a search (McCourt Dodgers postnup) in Google, Bing, or Yahoo on the controversy.
1. What dispute did Jamie and Frank have about the postnup and the ownership of the Dodgers?
2. How has the dispute been resolved thus far? What decisions have been made by the courts?
3. What could the attorneys have done to prevent the dispute?
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