Posts Tagged ‘marital assets’
NEW YORK: If Ruth did divorce Bernie, what is the value of the marital assets she wants a piece of?
So, the Madoffs were not billionaires. I was reading on Reuters just now, that the Madoffs were worth in excess of $800 million as of the day before he was jailed. $800 million is nothing to sneeze at, of course. But in the grand scheme of things, when you compare them to a guy like say, R. Allen Stanford, or better yet, Warren Buffet, they were [...]
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 expected Ira Sorkin to work [...]
Ruth Madoff: Will the SEC pierce the corporate veil to get Bernie Madoff’s personal/marital assets?
I've been wanting to write this post since the other day when I flunked my New York State driving test for the second time. Don't laugh this is not a funny situation. The second time around, I actually didn't cry. The first time? I cried like a baby for hours. I walked all the way to Central Park in the rain crying but nobody could tell the [...]
How to find hidden assets in your divorce action: Let’s ask Ruth Madoff
Is Ruth Madoff "ruth-Less"? Some would argue yes. I would decline to render an opinion. But in light of everything that has gone down so far, I thought she might help in writing a post about telling people how to find hidden assets in their divorce action. Let's start with relatives. People who are getting divorced might divest the marital [...]
Ruth Madoff and Bernie’s permanent asset freeze: what about the jewelry?
I am going to keep this one short and sweet, but now that Mr. Bernard Madoff has agreed by stipulation to a permanent asset freeze, and to not contest the civil lawsuit being waged against him in U.S. District Court in Manhattan on account of the ponzi scheme he admitted to running, now what? Will Ruth keep her jewelry? The former Nasdaq [...]
Michelle Schrenker’s assets gets frozen
Remember Michelle Schrenker? We certainly did a few posts on her so you can feel free to check them out here: http://www.divorcesaloon.com/index.php?s=michelle+schrenker But, so, Michelle's back in the news because the Feds have found out that just prior to filing for divorce against her philandering husband Marcus, she dipped into accounts [...]
Andrew Madoff gets hit with a divorce petition
The New York Post Page Six is reporting that Bernie Madoff's son Andrew has been served with a divorce petition. As everybody's heard by now, Bernard Madoff was a Wall Street honcho who is being accused of one of the biggest investment frauds in Wall Street history. He's accused of using a ponzi scheme - paying old investors with the [...]
How to divorce a CEO
CEOs tend to wield a lot of power both at home and in the boardroom. Many wield power across the entire globe as heads of multinational corporations and conglomerates. When you divorce a man like this, you have to be careful to dot your I's and cross your T's. You need good legal counsel. And you should pray for a sympathetic judge. Most of [...]
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