Mark Madoff’s first divorce reveals…(with suicide update)

Mark Madoff’s divorce and suicide Mark Madoff,eldest son of Bernie (“Ponzi”) Madoff, was worth $8 million dollars back in 2000 when he divorced his first wife Susan. This according to Greenwich Roundup.  But why does this matter? He is now happily remarried to one Stephanie Mikesell and they run a tax exempt foundation or two. […]

NEW YORK: Is Rosie O’Donnell getting divorced from Kelli Carpenter? If so, what are the legal issues?

“Rosie O’Donnell and Kelli Carpenter were one of the most famous married gay couples. But as of Tuesday, they are couples no more.” That, if true, raises some legal questions. Such as: CAN THEY GET A DIVORCE IN NEW YORK? New York, unlike Massachusetts and a number of other states, does not allow same-sex marriages. But […]

Military pensions and divorce

By New York Divorce Attorney: Back in May, I put this post in draft intending to get back to it in a few days of putting it up. Well, it’s October now, five months later and I am only now pulling it out. And that is only because I found this post by a Kentucky […]

Lisa Leder on divorce & business valuation for dummies

Business Valuation for dummies. Let’s ask Lisa Leder (she’s no dummy) to help us analyze how much her equitable share of Sun Capital Partners is worth. Divorce Saloon: Lisa, in your estimation, what is the value of Marc’s company and what should you get as an equitable share in the divorce settlement? Lisa Leder: The VALUATION […]

FLORIDA: Sun Capital Partners is equity firm of the year, 2009 but will Lisa Leder (Marc Leder’s wife) get an equity stake in the divorce?

Sure Sun Capital Partners was the hottest firm in Boca Raton in the 90’s but they’ve been laying off people and having serious cash flow problems. That makes me worry for Lisa Leder wife of Marc Leder who holds 50% equity stake in the company. Lisa says the company is worth in the hundreds of […]

Billionaire Brit Slavica Ecclestone a self-made divorcee

Across the pond, folks know how to celebrate divorce with panache. Just ask Slavica Ecclestone, ex wife of Formula One billionaire Bernie Ecclestone. She just purchased a 35 million pound gulf stream jet (reportedly bigger than her husband’s if you believe John Bolch of Family Lore Blog) so that she can jet to her favorite […]

GUILTY! JAIL! Madoff enters guilty plea and is carted off to jail. Can Ruth sue her husband for wasting marital assets?

Bernard Madoff pleads guilty AND SENT TO JAIL!!! What will Ruth do now? Well, I guess Ira-genie-in-a-bottle-Sorkin couldn’t pull this one off. He just handed his client over the the feds, hook, line and sinker. My God. Wasn’t there anything he could have done but this? He let his client plead guilty to EVERYTHING. I […]

Wall Street CEOs switch property to their wives’ names; but what happens if they divorce?

Chrysler CEO Robert Nardelli, Ex Merrill Lynch CEO Stanley O’Neal, and former Lehman Brothers’ CEO Dick Fuld are all CEOs who have allegedly transferred property into their wives’ names for a very small sum, (or in legalese “consideration”  sometimes as little as $100), even though the property is worth several million dollars. I wonder what the rational […]