Showing posts with label settlement agreements. Show all posts
Showing posts with label settlement agreements. Show all posts

Wednesday, April 13, 2011

Charlie Sheen's creative child custody agreement

Charlie-Sheen-Custody.jpgFollowing the divorce of Charlie Sheen and Brooke Mueller, the two have reached a child custody agreement in what was expected to be a long and bitter battle between the two. In the tiered agreement, Sheen will get the twins every other weekend during the first 60 days. In the following 60 days, Sheen will have the boys an extra day each week. If all goes well, the remaining time will include time with Sheen every other weekend as well as Wednesday morning through Thursday morning.

One of the most important issues of the custody battle was the question of both parents' stability and ability to bring the boys up in a healthy and nurturing environment. The creative custody agreement required that each parent submit to a random drug test three times monthly. In addition, both parents must employ a nanny that will be present with them when they are spending time with their children.

In terms of Sheen's girlfriends, or "goddesses," they are not permitted to show any signs of affection to the children in public. Otherwise, they are allowed access to the children. Finally, neither Sheen nor Mueller are permitted to be photographed with another romantic partner with the twins present. This photograph clause includes Sheen's "goddesses."

This child custody agreement shows how family law attorneys can incorporate creative solutions into child custody agreements when couples are faced with tricky and potentially devastating custody battles following a divorce. If Sheen and Mueller let this matter be decided by a judge alone, the terms of child custody and visitation would likely have looked quite different.

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Tuesday, April 5, 2011

McCourts may be working on a divorce settlement

McCourts may be working on a divorce settlement

McCourts.jpgIn the past, we have written about the divorce between Frank and Jamie McCourt. The McCourt divorce serves as an example of how high the stakes can be in divorces when there are substantial assets involved. The McCourt divorce will ultimately determine the ownership of the Los Angeles Dodgers, one of baseball's most valuable franchises.

In December, we wrote that Judge Scott Gordon threw out a controversial property division that would have given Frank McCourt complete ownership over the team. When that happened, Jamie McCourt announced that the judge's decision gave her a 50 percent ownership stake in the team.

Immediately after the December decision, Frank McCourt's attorneys announced that they would pursue a second trial on the issue of ownership. They said they had an alternative legal theory that would give Frank complete ownership of the team.

With the 2011 Major League Baseball season underway, it now appears that the McCourts are earnestly working on reaching a settlement. Attorneys from both sides requested that a hearing scheduled for April 11 be delayed one month.

The one-month delay now gives both sides additional time to negotiate a settlement agreement that would end the property division contest between Frank and Jamie. Although we can't know exactly how the McCourts will settle their marital property dispute, past negotiations between the McCourts have focused upon Frank keeping the team and needing to compensate Jamie for her interest in the franchise. The parties appear to agree to this idea in principal, but they have been unable to agree to a dollar amount so far.
Source: Los Angeles Times, "Frank and Jamie McCourt working quietly on a settlement," Bill Shaikin, 3/29/2011