Tuesday, 28 April 2015
Last updated 1 hour ago
Dec 2 2013 | 7:03am ET
Highland Capital Management founder James Dondero's wife apparently won't let a jury verdict get between her and as much of his money as possible.
Rebecca Dondero plans to sue her husband again to seek more than the $5 million set in the couple's prenuptial agreement, the New York Post reports. The move follows a jury's ruling that both Donderos violated the prenup—and thus that it should remain in place.
Now, Becky Dondero plans to argue that under general contract law, she's still entitled to damages due to her husband's breaking of the deal. The jury verdict denying her those damages was under family law.
For his part, James Dondero is likely counter the new lawsuit with the same argument with which he countered the last: that Becky also broke the prenup.
"Ms. Dondero's demands over two years of negotiations varied between four and eight times the amounts stipulated in the prenuptial agreement and culminated in her filing 11 separate motions to invalidate the prenuptial agreement," James Dondero said.
The battle Dondero has been a nasty one, with Becky trotting out her husband's estranged former business partner, Patrick Daugherty, to testify that James asked him to lie and told him that he was hiding assets.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…