We have written previous posts about the McCourt divorce in the last month, and there is an update in the complex divorce case. As you might remember, the McCourts were scheduled to appear in court starting Aug. 30. The hearing was scheduled specifically to discuss the hot-button issue of who owns the L.A. Dodgers, the last point of contention when it comes to the couple's division of assets.
Well, the trial has begun, and Frank McCourt has taken the stand over the last couple of days. Sources say that he has not been an easy subject for Jamie McCourt's attorneys because he is giving very concise and vague answers on the stand. Her lawyers are attempting to get to the truth about Frank McCourt's intention when he and Jamie McCourt created and signed a marital property agreement in 2004.
Jamie McCourt and her legal team recently discovered several versions of the couple's 2004 marital property contract. The versions varied in details, with some of them giving sole proprietorship to Frank McCourt and some naming Jamie McCourt as co-owner of the MLB team. This week, Frank McCourt has testified that the documents giving part ownership to his ex are invalid because of a clerical error, and he never intended to share ownership of the Dodgers with his wife.
He also admitted in trial that years after creating the marital contract, he and his wife began working with an estate planning attorney in order to protect their assets. According to his testimony, Jamie McCourt had convinced him at that time to rethink ownership details and list her as part owner of the baseball team, but he decided against changing the ownership arrangement.
If that is true, then the court would likely assume that Jamie McCourt understood that the 2004 marital property contract did not list the Dodgers as marital property. However, Jamie McCourt has not taken the stand yet, and her version of the story is necessary to support the court's goal of identifying the truth behind the couple's property agreement.
Resource
latimes.com: Frank McCourt confirms that Dodgers wanted to substantially cut player payroll (9/2/2010)
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