Friday, October 16, 2009
Where's King Solomon When You Really Need Him? Both McCourts Claim Dodger Ownership
Major League Baseball lists Frank McCourt as the Dodgers' "control person." But a high-ranking baseball source said Thursday that the couple presented themselves together for the approval of Commissioner Bud Selig when they bought the team in 2004.Frank retained Marshall Grossman and Manley Freid, both of whom have represented celebrities, and Freid specializes in family law (read: divorce cases). Jamie hired Dennis Wasser, who also has an A-list Hollywood divorce clientele.
Within a month of each [of their residential real estate purchases], Frank McCourt filed papers that identified the homes as "the sole and separate property" of his wife and giving up any claim to them. Together, the properties in Jamie McCourt's name are valued at close to $80 million, according to county real estate records.Oh, joy. Your 2010 Los Angeles Exhibit A's. If you told me five years ago that "forced liquidation because of a divorce" was the reason the Dodgers would slip out of the McCourts' hands, I would have been shocked; bankruptcy court would have been my first choice.
Hillel Chodos, an attorney who has handled divorces involving wealthy individuals, said of the property transfers: "On the face of it, they had an agreement that they would buy the properties and she would own them.