September 10, 2010

L.A. Dodgers Owner’s Divorce Trial

Los Angeles Dodger owner Frank McCourt’s high profile divorce is underway in a Los Angeles County courtroom this week.  The key issue in the case is a marital property agreement signed by the couple in March 2004, just after they purchased the team from News Corp. for about $430 million.  The purpose of the agreement is to shield their seven vacation homes (which were in her name) from creditors and from potential losses related to […]