How to divorce a CEO: Issues in the CEO divorce

There are other issues on the other side of this coin. Because actually it is not just the wives but the shareholders of the companies these CEOs manage also have headaches relating to this CEO divorce. I was reading recently about the “impact of CEO divorce on shareholders.”

There are other issues on the other side of this coin. Because actually it is not just the wives but the shareholders of the companies these CEOs manage also have headaches relating to this CEO divorce. I was reading recently about the “impact of CEO divorce on shareholders.”

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 … Continue reading “NEW YORK: If Ruth did divorce Bernie, what is the value of the marital assets she wants a piece of?”

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

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 … Continue reading “Ruth Madoff: Will the SEC pierce the corporate veil to get Bernie Madoff’s personal/marital assets?”

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 … Continue reading “How to find hidden assets in your divorce action: Let’s ask Ruth Madoff”

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 … Continue reading “Ruth Madoff and Bernie’s permanent asset freeze: what about the jewelry?”

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 he had that were client … Continue reading “Michelle Schrenker’s assets gets frozen”

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 … Continue reading “Andrew Madoff gets hit with a divorce petition”