This section contains 1,010 words (approx. 4 pages at 300 words per page) |
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During the 1990s many business executives and CEOs learned that marriage, like work, can be one of the most important business ventures they would ever undertake. When marriage goes bad, it can be as costly as the collapse of any other business venture. Increasingly, divorce cases involving wealthy businessmen turned ugly, especially over the issues of alimony and other financial settlements. Executives faced the reality of not only handing over large sums of money to their former spouses, but also hefty stock and pension pack-ages, and, in some cases, even a chair on the company board. To fight back, many executives have resorted to stashing hidden assets away in secret Caribbean trusts. Wives have retaliated by airing the couple's dirty laundry for the court and the public. In any case, lawyers stood to benefit the most, often walking away with seven-figure fees. As...
This section contains 1,010 words (approx. 4 pages at 300 words per page) |
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