Sunday, 28 December 2014
Last updated 4 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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