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Collaborate. Mediate. Separate. Divorce Doesn’t Have to Mean War.

July 2014 Archives

Billionaire founder of hedge fund firm files for divorce

Pennsylvania investors may be interested to learn that the founder of hedge fund firm Citadel filed for divorce from his wife. According to the report, the 45-year-old man, who was married to his 43-year-old wife for the last 11 years, cited "irreconcilable differences" for the reason behind the decision to file.

Divorce and the family home

Pennsylvania residents who are planning to divorce may wonder what to do with the family home, especially if there is a mortgage involved. The marital home tends to be one of the most contested marital assets. Dividing the house can be complicated, especially if the people disagree on the amount of equity or what would be a fair buyout amount. There can also be issues that arise if one person wishes to buy a new home during the separation period or if both people remain on the loan after the divorce is finalized.

Frank McCourt awarded $1.9 million

Major League Baseball fans in Pennsylvania may have heard about a recent ruling in Frank McCourt's high-profile divorce. McCourt, who is the former owner of the Los Angeles Dodgers, was recently awarded $1.9 million in attorneys' fees after his former wife contested the terms of their 2012 divorce settlement.

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Pittsburgh, PA 15234

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