Thursday, October 29, 2009

Are the Dodgers Community Property?

We'll find out soon enough.  With the filing of a petition for divorce on Tuesday, Jamie and Frank McCourt have begun what seems likely to become a long and bitter divorce battle.  Among the issues raised in the petition for divorce is ownership of the Los Angeles Dodgers.  Frank claims he is the sole owner of the team.  Jamie claims the team is community property.  A 2004 marital property agreement executed just after the Dodgers purchase indicates that the team may be Frank's separate property.  No doubt the enforceability of that agreement will be questioned, and there are reports that Frank himself did not believe the agreement made him sole owner of the team.  Read early news coverage of the case here and here.

AC

http://lawprofessors.typepad.com/family_law/2009/10/are-the-dodgers-community-property.html

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