Frank McCourt Divorce: Settlement Talks Break Down
Categories: Sports
Frank and Jamie McCourt met with a mediator on Saturday, but came away no closer to a settlement that would end their contentious divorce proceedings, according to an attorney involved in the case.
The two sides remain miles apart. Frank continues to refuse any arrangement that would give Jamie a continuing interest in the Dodgers, while Jamie won't accept anything less, in the belief that Frank doesn't have enough cash on hand to buy her out.
The Dodger divorce trial wrapped up on Sept. 29. Judge Scott Gordon is expected to issue his ruling sometime within the next couple of months.
During the trial, Frank and Jamie met behind closed doors with Judge Peter Lichtman, who served as a mediator. While that meeting did not result in a deal, both sides agreed to meet again after testimony had concluded.
They met with Lichtman again on Saturday, but the meeting was very brief, and no new mediation sessions were scheduled.
At this rate, it seems likely that any settlement will have to wait until after Gordon issues his ruling. Gordon is expected to decide on the validity of the couple's marital property agreement, which gives the Dodgers to Frank and gives Jamie the couple's houses.
If Gordon finds the agreement invalid, then Jamie could be entitled to half the Dodgers, which would probably force them to sell the team.
Full McCourt trial coverage:
The two sides remain miles apart. Frank continues to refuse any arrangement that would give Jamie a continuing interest in the Dodgers, while Jamie won't accept anything less, in the belief that Frank doesn't have enough cash on hand to buy her out.
The Dodger divorce trial wrapped up on Sept. 29. Judge Scott Gordon is expected to issue his ruling sometime within the next couple of months.
During the trial, Frank and Jamie met behind closed doors with Judge Peter Lichtman, who served as a mediator. While that meeting did not result in a deal, both sides agreed to meet again after testimony had concluded.
They met with Lichtman again on Saturday, but the meeting was very brief, and no new mediation sessions were scheduled.
At this rate, it seems likely that any settlement will have to wait until after Gordon issues his ruling. Gordon is expected to decide on the validity of the couple's marital property agreement, which gives the Dodgers to Frank and gives Jamie the couple's houses.
If Gordon finds the agreement invalid, then Jamie could be entitled to half the Dodgers, which would probably force them to sell the team.
Full McCourt trial coverage:
Day 11:
Wasser The Dealmaker Versus Susman The Carnivore
Day 10:
Dodger Execs Circle The Wagons Around Frank
Mediation Day:
A Long Day Ends Without A Deal
Day 9:
As Silverstein's Agony Ends, A Settlement Looms
Day 8:
The Screwing of Larry Silverstein
The Return of Silverstein's Boner, In Which Two Interpretations Are Explained
Day 7:
Reynolds Cafferata's Dodger Dreams
Day 6:
Frank's Four Self-Defeating Arguments
Steve Susman Sharpens His Knives
Week 1 Wrap-Up:
The Desperate Hunt For Exhibit A, Or, How To Blame The Conquistadors
Day 5:
Day 4:
Day 3:
Nervous? Frank McCourt Blinks 75 Times/Min.
Day 2:
Steve Susman Goes On The Attack
Day 1:
Trial Opens With A Win For Jamie
The Screaming Meanie
Even more McCourt:
L.A. Weekly cover story, Dodger Dog, from August
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