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McCourt marital deal on Dodgers ruled invalid

 


LOS ANGELES (AP) — A judge has ruled that a postnuptial marital agreement giving sole ownership of the Los Angeles Dodgers to Frank McCourt is not valid — a decision that isn't expected to affect team operations but means the Dodgers could be shared under California community property law.

Jamie McCourt's lawyer, David Boies, said his client was pleased with the decision, but she wants a reasonable resolution of divorce negotiations that involved the postnuptual agreement.

"It's in the interest of her, her family, Dodger fans and the team," to settle, Boies told The Associated Press. "She's not going to insist on exactly half, but if she's prepared to compromise, Frank has to look at this case with some realism."

Lawyers for Frank McCourt will likely ask Superior Court Judge Scott Gordon for a hearing to argue he is the sole owner of the Dodgers because he has title to the team, stadium and surrounding land — worth hundreds of millions of dollars.

"Without the agreements in place, it becomes the court's job to determine which property is Frank's and which is Jamie's based on who holds legal title to the team," attorney Marc Seltzer said in a statement. "The facts are crystal clear on this point. The Dodgers are solely in Frank's name."

The tentative ruling by Judge Gordon came after an 11-day trial that focused on whether the signed pact between Jamie and Frank McCourt in 2004 should decide who owns the team.

LOS ANGELES (AP) — A judge has ruled that a postnuptial marital agreement giving sole ownership of the Los Angeles Dodgers to Frank McCourt is not valid — a decision that isn't expected to affect team operations but means the Dodgers could be shared under California community property law.

Jamie McCourt's lawyer, David Boies, said his client was pleased with the decision, but she wants a reasonable resolution of divorce negotiations that involved the postnuptual agreement.

"It's in the interest of her, her family, Dodger fans and the team," to settle, Boies told The Associated Press. "She's not going to insist on exactly half, but if she's prepared to compromise, Frank has to look at this case with some realism."

Lawyers for Frank McCourt will likely ask Superior Court Judge Scott Gordon for a hearing to argue he is the sole owner of the Dodgers because he has title to the team, stadium and surrounding land — worth hundreds of millions of dollars.

"Without the agreements in place, it becomes the court's job to determine which property is Frank's and which is Jamie's based on who holds legal title to the team," attorney Marc Seltzer said in a statement. "The facts are crystal clear on this point. The Dodgers are solely in Frank's name."

The tentative ruling by Judge Gordon came after an 11-day trial that focused on whether the signed pact between Jamie and Frank McCourt in 2004 should decide who owns the team.

 

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