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Showing posts with the label McGuigan

The Davids, Torn Asunder, Settlement Near

The match made in heaven between George David, the former CEO of United Technology, and Marie Douglas David, a Swedish countess, has been torn asunder. Their divorce hearing was being held in a Hartford court presided over by Judge Steven Frazzini and a pack of lawyers representing both parties. Several media outlets had been drawn to the scene of the dissolution for reasons having to do with money and dramaturgy. The persistent refrain of most news reports had been: How low have the mighty fallen. In more amicable days, the Davids together signed a post nuptial agreement limiting any post marital bloodletting to about $50 million, much of which was in stocks. Ms. David and her lawyer wanted about twice that much, and Mr. David understandably had been offering a stiff resistance to the demands, which he considered unreasonable. Having been married for seven years, the settlement for Ms. David represented a yearly salary of about $7,142,913, not a niggardly piece of the marital pie. The...