Monday, December 30, 2013

Pole dancer wins $3.25 million divorce settlement in landmark legal case

From the Sydney Morning Herald:

A woman who worked as a pole dancer is set to receive $3.25 million from her ex-husband after the Family Court ruled against his bid to have their pre-nuptial agreement overturned because of her "false promises".

The couple, referred to by the court as Mr Wallace and Ms Stelzer, first met in 1998, when he was married to someone else, and moved in together shortly after.

He was 51 years old, divorced and came into the marriage with an "overwhelming pool of assets". He has a net worth of more than $16 million.

She was 38 years old at the time, “had no assets” and had also been married previously.

In 2004, Mr Wallace divorced his first wife, transferring property and paying her $7 million in the divorce settlement.

He married Ms Stelzer in October 2005, but not before a pre-nuptial agreement was signed, stating that Ms Stelzer would receive $3.25 million if the marriage broke down in the first four years.

They separated after two.

For the full text of the article, click here.

ABC

http://lawprofessors.typepad.com/family_law/2013/12/pole-dancer-wins-325-million-divorce-settlement-in-landmark-legal-case-.html

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