Wednesday 7 January 2015

Meet The Woman Who Rejects A $975 Million Divorce Settlement Cheque-Says She`s Worth More




Hmmm. dis woman get extra courage but she definitely knows there is more where $975 Million came from. Infact I decided to save myself some headache by not converting that money to CFA. This is how Mirror UK is reporting the story.
Harold Hamm offered to pay second wife Sue Ann Arnall the equivalent of £644million - but she instructed her lawyers to return the handwritten cheque.

An oil tycoon has had a $975million divorce cheque handed back to him – by his bitter ex-wife who insists she is worth more.

Harold Hamm offered to pay his second wife the full cash value of what he owed based on a divorce ruling.
But Sue Ann Arnall took one look at the hand-written $974,790,317.77 cheque, equivalent to £644million, and instructed her legal team to return it.
Ms Arnall, who reverted to her maiden name, has rejected the divorce settlement as she believes she is entitled to more of an empire once valued at £12billion.
But she is not the only one appealing the November divorce ruling.

Mr Hamm, who Forbes value at £5.2billion, is counter-claiming, saying the original judgment was too high.
A divorce settlement check from Harold Hamm, chief executive of oil driller Continental Resources, to ex-wife Sue Ann Arnall in the amount of $974.8 million is shown in this image from a court document released to Reuters on January 6, 2015.
The billionaire CEO of oil driller Continental Resources claimed the fall in oil prices has cost him more than half his fortune in the last few months.
The bitter divorce settlement hinges on Mr Hamm’s worth – which is as volatile as the fluctuating cost of a barrel of oil – with appeals to be heard by Oklahoma Supreme Court.
Ms Arnall, a former Continental executive who was married to Mr Hamm for 26 years, said the award of cash and assets was inadequate and allowed her former husband to keep the lion’s share of their joint fortune.
Mr Hamm had already paid his ex-wife more than £13million during their divorce proceedings.

The couple, who have two adult daughters, married in 1988 but did not sign a pre-nuptial agreement.


No comments:

Post a Comment