Tuesday, April 26, 2011

Divorce, Dodgers, and Division of Marital Assets

   [Photo from community.blogs.wesleyan.edu]

Have you read the news reports about the interesting issues which a divorce is presenting to the Los Angeles Dodgers and Major League Baseball?  In this case, the divorce involves the Dodgers' owners, Frank and Jamie McCourt.  According to various reports, the McCourts have been fighting, as part of their divorce, over a division of this "major league marital asset."  Now, the Commissioner of Major League Baseball, Bud Seilig, has stepped in, according to reports, and essentially taken over the team.   A trustee will reportedly be appointed to oversee the team, at least while the litigation is pending, or possibly until the team is sold to new owners.
Divorces can get really complicated, particularly in cases in which the divorcing parties have operated a business together.  In this case, the business at issue just happened to be one of the largest, most famous franchises in the world!  Arguably, it would be about as difficult to divide a baseball team franchise as it would be to divide a baseball!  It will be interesting to see what happens next!

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