McCourts to argue over spousal support in LA court
Lawyer Blogs
A judge on Wednesday will consider reducing the amount of spousal support paid by Dodgers owner Frank McCourt to his ex-wife Jamie their divorce battle over ownership of the team.
McCourt filed a motion in July indicating that he's paid more than $5 million to cover the mortgages of six homes and a condominium over the last year as well as $2.7 million in temporary spousal support to Jamie McCourt.
Last May, Superior Court Judge Scott Gordon, who oversaw the former couple's divorce trial, ordered McCourt to pay $225,000 a month in spousal support and more than $400,000 a month to maintain the homes.
McCourt said the payments should be more in line with the $5 million he receives annually and either Jamie McCourt should be ordered to pay the mortgages herself or the properties should be sold.
Jamie McCourt notes in a recent filing that her ex-husband has received more than $44 million into his bank accounts since June 2010.
The Dodgers filed for bankruptcy protection in Delaware last month, blaming a cash-flow crisis on Major League Baseball's refusal to approve a multibillion-dollar TV deal McCourt was counting on to keep the franchise afloat.
MLB assumed control of the club's day-to-day operations in mid-April.
Gordon ruled in December that a postnuptial marital agreement that gave McCourt sole ownership of the Dodgers was invalid, clearing the way for Jamie McCourt, who served as the team's CEO and was fired by her ex-husband two years ago, to seek half the team under California's community property law.
A group backed by Chinese government-owned investment banks has made a $1.2 billion offer to buy the Dodgers, but McCourt has repeatedly said he's not interested in selling the team.
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