Saturday, January 10, 2015
By any measure, divorce exacts a heavy toll. Financial, emotional and logistical matters are invariably complicated by shifting family dynamics and factual disputes. In many cases, the only thing most separating parties can immediately agree on is the need to shield children from the ugliness of the process. For celebrities and other ultra-wealthy clients, this often means preserving the family’s good name and legacy for future generations.
“Celebrity clients nearly always arrive at a settlement rather than going to trial. After legal costs, privacy concerns are probably the biggest reason why,” according to Judith L. Poller, partner and co-chair of the Family Law Group at Pryor Cashman LLP. “While in New York, there is an expectation of privacy in court filings, unfortunately it has become apparent that this expectation is no longer a forgone conclusion, even when both parties agree that confidentiality is in the best interests of children”.
Read more here.