April 19, 2013 |
Neither Frank nor Jamie McCourt spared any expense in enlisting a team of attorneys for what is believed to be the costliest divorce case in California history. The case had apparently ended with a settlement in October 2011, in which Jamie McCourt accepted $131 million and relinquished any claim to the Dodgers. Jamie McCourt signed the agreement against the advice of one of her attorneys, Bert Fields. In an email he sent to one of Frank McCourt's attorneys, Fields said he had advised Jamie McCourt not to proceed, in the belief that her ex-husband had not provided all the financial information necessary "for her to make an informed decision.
March 29, 2013 |
Could it be time to get out of Dodge? Former Dodgers Chief Executive Jamie McCourt is quietly offering her Westside estate at $65 million. The Palladian-style villa, which is not in the Multiple Listing Service, was marketed as having 20,000 square feet of living space when she and ex-husband Frank McCourt bought the property in 2004 for about $25 million. Also on the 2.6-acre site then were two guesthouses, a tennis court and an outdoor swimming pool. She has since added a subterranean indoor pool.
September 26, 2012 |
Jamie McCourt, ex-wife of former Dodgers owner Frank McCourt, has filed a motion to set aside the couple's divorce settlement, claiming he committed fraud by vastly understating the team's value. Jamie McCourt's attorney, Bertram Fields, told the Associated Press on Tuesday that she "thought very long and very hard about whether to file this motion" but after other means failed she was forced to return to court over the value of the team that sold for $2 billion in May. "Mr. McCourt got about 93% of the family assets, and Mrs. McCourt got about 7%," Fields said in a phone interview.
April 5, 2012 |
SAN DIEGO — Frank McCourt and Magic Johnson sat next to each other Thursday, the outgoing owner and the most famous of the incoming owners watching the Dodgers play on opening day. For McCourt and for Johnson, the work in the Dodgers sale is done. For the attorneys responsible for turning a winning bid into contractual agreements that satisfy the U.S. Bankruptcy Court, the race is on. The terms of the sale are scheduled to be filed in court Friday, the first of several steps required before April 30, when the deal is set to close.
March 23, 2012 |
With the sale of the Dodgers in its final stages, three key parties lodged objections Friday with the U.S. Bankruptcy Court. Major League Baseball, Fox Sports and Jamie McCourt each raised concerns that they asked the court to consider on or before April 13, the day of the scheduled hearing to approve the Dodgers' sale. The concerns appear unlikely to derail the sale. Frank McCourt, the Dodgers' outgoing owner, has agreed to provide the court with a sale agreement by April 6. In its filing, MLB claimed that the Dodgers used overly broad and legally inconsistent language in phrasing how the league and the team would release each other from future liability.
November 3, 2011 |
Within 48 hours of agreeing to sell the Dodgers, team owner Frank McCourt officially surrendered his claim to what had been his Los Angeles homes. Under a divorce settlement filed Thursday in Los Angeles Superior Court, Jamie McCourt kept four homes — two in Malibu, one in Holmby Hills and one in Vail, Colo. Frank McCourt kept two homes, both in Massachusetts. The McCourts sold a second Holmby Hills home in August. Representatives for Frank McCourt did not immediately return messages asking whether he intended to move back to Massachusetts, where his family is deeply rooted.