Oklahoma City, OK-Harold Hamm, the Oklahoma Oil Baron who was recently order to pay his a $1 billion divorce settlement, has scored a victory this week, perhaps putting to be the infamous “Billionaire divorce” that repeatedly snatched national headlines last fall.
NBC News reports that today, the Oklahoma Supreme Court dismissed Sue Ann Arnall’s appeal in which she alleged she deserved a much larger chunk of her former husband’s wealth which is an estimated $18 billion.
Last November, a divorce judge awarded Arnall a $974.8 million settlement after a two-month trial. She was seeking a much larger amount which she said she deserved because she said she helped her husband of twenty years build Continental Resources into the multi-billion dollar business it is today.
In January of this year, Arnall made headlines again when she cashed the billion dollar check despite having filed an appeal. On Tuesday the Oklahoma Supreme Court ruled that since Arnall cashed the settlement check, she forfeited her right to appeal, NBC News reported.
Arnall initially asked for alimony on top of her significant divorce settlement, but that request was denied. In addition to the billion dollars, Arnall was paid $25 million dollars when they first filed and she was also awarded the couple’s $4.9 million marital home in Oklahoma along with a California ranch valued at $17.9 million.
As for Hamm, he was able to keep the bulk of his wealth along with 100 shares of Continental Resources stock. His divorce appeal is still pending.
A divorce law firm understands what a long and painful process divorce can be on the two parties involved. Fights over money, property, assets and child custody can take weeks or months to work out and couples need divorce attorney to guide them through this process.
When divorce is unavoidable, each party should consult with a divorce or family law attorney to assist them with every aspect of their divorce and protect their interests. The divorce attorneys at USAttorneys will be by your side from beginning to end and won’t rest on your case until you are awarded a fair and just settlement and child custody arrangement.
Your average couple, however, doesn’t have the same issues to deal with as a couple as wealthy as the Hamms, but that doesn’t mean they don’t need a divorce attorney working on their case. When you have legal counsel working on your case, you know that someone is going to make certain your rights are respected.
When a person decides they can no longer make their marriage work, it may be time to consult with a divorce attorney. They will work diligently to assure their clients are treated fairly throughout the entire divorce process and will fight diligently to assure their clients get the settlement they deserve. Divorce is a complicated process and any misstep along the way can jeopardize your final settlement unless you have legal representation.