Berkeley CSUA MOTD:Entry 36885
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2024/12/25 [General] UID:1000 Activity:popular
12/25   

2005/3/25-26 [Recreation/Dating] UID:36885 Activity:moderate
3/25    Look what bitches will do to you:
        http://www.cnn.com/2005/LAW/03/25/divorce.settlement.ap/index.html
        \_ BDG is that you?
                \_ No, just someone that can't understand why in this case
                   the wife was owed anything, since she cheated on him.
                   \_ No fault divorce. She actually got less than 50% of
                      assets, which is less than she asked for. It's
                      interesting that she was married when they first
                      met. Once a cheating slut, always a cheating slut.
                        \_ Is that what a "no fault divorce" means, that
                           no matter who does what, each person is entitled
                           to half of the assets? Is California a no fault
                           divorce state?
                           \_ No fault divorce means you can get a divorce
                              for any reason. Your spouse is always
                              entitled to 50% of the assets you acquired
                              while married, even if she fucks another guy
                              and lives with him after dumping you.
                              \_ Can this be overridden by a prenuptial
                                 agreement, or does it depend on the state?
                                 Also, it occurs to me that in this example,
                                 no-fault divorce would benefit the gold-
                                 digging bitch.  -John
                                 \_ Actually the above is not entirely
                                    correct. It is correct in a community
                                    property no-fault jx (AZ, CA, ID, LA,
                                    NV, NM, TX, WA, WI AFAIK). The idea
                                    is that all earnings during the marriage
                                    are considered gifts to the "community"
                                    and are held in common. When the
                                    marraige is dissolved, the property
                                    held in common is divided equally w/o
                                    considering who made the contribution.
                                    To some extent this can be overridden
                                    by a pre-nup provided that you agree
                                    to keep all prop earned by a given
                                    party separate from the community.
                                    There are difficulties in terms of
                                    property and chattels purchased
                                    during the marriage.
                                    The best way around this is to stick
                                    pre-marital assets into a trust and
                                    then agree that all or part of your
                                    earnings are gifted to the trust and
                                    to use the trust to buy the stuff
                                    you want.
                                 \_ That's why you should be careful who
                                    you marry - especially if you have
                                    assets. It works both ways, too. I know
                                    a wealthy widow (not that old) who will not
                                    date men with less wealth than she has,
                                    because there are skanky men, too.
        \_ Bitches are hustlers too, I thought you knew, I thought you knew.
           -dans
2024/12/25 [General] UID:1000 Activity:popular
12/25   

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www.cnn.com/2005/LAW/03/25/divorce.settlement.ap/index.html
BRIDGEPORT, Connecticut (AP) -- A judge has awarded the former wife of a multimillionaire businessman a divorce settlement worth more than $40 mi llion even though she admitted having affairs with her rock-climbing gui de and a man she met on a flight to China. But she has to vacate the couple's two mans ions in Connecticut and three desert properties in Arizona. Richard Albrecht, attorney for Sosin's husband, Howard, estimated the tot al value of the award at $43 million, or 27 percent of the estate. "My opinion is her conduct in this matter affected the award," Albrecht s aid. Susan Sosin's lawyer, Frederic J Siegel, estimated the total value of th e award was about $45 million and said his client asked for about 45 per cent of the estate. "By anybody's standards, it's a large amount of money," Siegel said. "Bot h parties will be able to move on with their lives." Siegel said both sides were at fault for the divorce and defended his cli ent as a good mother. Howard Sosin, 54, who founded AIG Financial Products in 1987, filed for d ivorce after discovering his wife's relationships in February 2003. Duri ng an upgrade of their computer system, he found hundreds of e-mails bet ween his wife and her lover, according to testimony. Susan Sosin, 51, admitted in testimony that she had become intimate with a guide while rock climbing in 1996, though she said it was a spontaneou s and isolated occurrence. During a flight to China in 2000, she met a m arried man, and that led to a lengthy affair, according to testimony. "The parties' marriage has been undeniably marred by the defendant's infi delity," Superior Court Judge Howard Owens stated in his verdict. "Altho ugh her sexual relationship was not the sole cause of the breakdown, it did effectively terminate the marriage." Among the assets he gets to keep are $89 million in bank accounts, 10 of the couple's 18 car s, $960,000 worth of private club memberships and $22 million in fine ar t The couple met in 1978 when Howard Sosin was an assistant professor at Co lumbia University. At the time, she was married to another man and worki ng in retail. Howard Sosin served as the president and chief operating officer of AIG F inancial Products until 1993 when he left the company. Following litigat ion, he received $182 million from AIG.