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Woman Rejects $974,790,317.77 Check In Divorce Settlement

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  • Woman Rejects $974,790,317.77 Check In Divorce Settlement



    Harold Hamm, chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check delivered to her legal team, his lawyer said on Tuesday.
    Hamm’s offer to pay ex-wife Sue Ann Arnall immediately the full cash value of what he owes based on a November divorce ruling by an Oklahoma County judge was rejected, Hamm’s lawyer, Michael Burrage, said in an emailed statement.“Ms. Arnall, through her counsel, stated that they were rejecting the … payment because Ms. Arnall did not want to risk the dismissal of her appeal by acceptance of the benefits,” Burrage wrote.

    Both Arnall, who was formerly Sue Ann Hamm and resumed using her birth name after the divorce, and Hamm have appealed the November divorce judgment. Appeals are set to be heard by the Oklahoma Supreme Court, Reuters reported earlier.The world’s most expensive divorces.

    Arnall, a former Continental executive who was married to Hamm for 26 years, contends that her award of around $1 billion in cash and assets was inadequate and allowed Hamm to keep the lion’s share of a fortune her lawyers valued as high as $18 billion.
    Harold Hamm had already paid his former wife more than $20 million during the divorce proceedings.
    Hamm’s appeal contends that the $1 billion award was too steep. Hamm has lost billions tied to the value of his 68 percent stake in Continental in recent months, which his legal team blames on the sharp fall in oil prices.



    http://www.islandjamsentertainment.c...ce-settlement/

    Serves him right. I hope she cleans him out. These ole goats reject women in their own age group and go after trophy wives and eye candy. They would have a far better chance of compatibility with women in their own age group. When it goes south, the women SHOULD take him to the cleaners.

  • #2
    who are the people in that picture?
    When its hot in the jungle of peace I go swimming in the ocean of love.....

    Comment


    • #3
      That is Murdoch and Wendy in the picture.... Not Hamm

      Ms Hamm will regret it..

      the value of the company assets has fallen by 50 % since the offer was made.... I assume they make their valuation based on the share price of the company not the actuall assets
      it is a small oil company specialising in and i would surmise it has a high debt to asset value ratio... that would have increased with the fall in assets...They may value the assets at 18 billion but they have ignored the liability.......
      What nonsense! How can you have a revolution without shooting people ? Lenin 26th October 1917...
      If Christians go to heaven, I do not want to go to Heaven: Hatuey. 2/02/1512

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      • #4
        Originally posted by Wahalla View Post
        That is Murdoch and Wendy in the picture.... Not Hamm

        Ms Hamm will regret it..

        the value of the company assets has fallen by 50 % since the offer was made.... I assume they make their valuation based on the share price of the company not the actuall assets
        it is a small oil company specialising in and i would surmise it has a high debt to asset value ratio... that would have increased with the fall in assets...They may value the assets at 18 billion but they have ignored the liability.......
        i think her valuation was based on share price

        mr Hamm controls 68% of the shares. the company has market cap of 12.5 B

        down from the high of over 20B

        she still looking at 3 or 4 B
        When its hot in the jungle of peace I go swimming in the ocean of love.....

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        • #5
          I agree...with the oil prices down she will be losing...
          Out of Many One People Online
          http://www.jamaicans.com

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          • #6
            Originally posted by Xavier View Post
            I agree...with the oil prices down she will be losing...
            stock up nearly 5% today ..she mek plenty money today
            When its hot in the jungle of peace I go swimming in the ocean of love.....

            Comment


            • #7
              Originally posted by RichD View Post
              who are the people in that picture?
              That is the photo that came in the feed online so I assume it's the husband and wife. Who else would it be?

              Comment


              • #8
                She should get a good share of her payout in stocks that will only go up. I guess this is the time to buy oil stocks.

                Comment


                • #9
                  Originally posted by Tropicana View Post
                  That is the photo that came in the feed online so I assume it's the husband and wife. Who else would it be?
                  Rupert Murdoch and his wife

                  That is not Harold hamm.
                  He is 69 and his ex wife is 59
                  When its hot in the jungle of peace I go swimming in the ocean of love.....

                  Comment


                  • #10
                    Originally posted by RichD View Post
                    Rupert Murdoch and his wife

                    That is no Harold hamm.
                    He is 69 and his ex wife is 59
                    Murdoch looks 30 years older than his wife in that photo.
                    Out of Many One People Online
                    http://www.jamaicans.com

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                    • #11
                      Originally posted by Xavier View Post
                      Murdoch looks 30 years older than his wife in that photo.
                      he would take that as a compliment ..he is closer to 40 years older then her
                      When its hot in the jungle of peace I go swimming in the ocean of love.....

                      Comment


                      • #12
                        Originally posted by RichD View Post
                        Rupert Murdoch and his wife

                        That is not Harold hamm.
                        He is 69 and his ex wife is 59
                        Then why was it labelled incorrectly in the article and the feed? I am not imagining it or making it up. Explain this to me.


                        arnall.jpg


                        No one else who read it picked up on that and a lot of people commented on social media.
                        Last edited by Tropicana; 01-09-2015, 12:51 PM.

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                        • #13
                          Here is an actual picture of Hamm and his wife:
                          When its hot in the jungle of peace I go swimming in the ocean of love.....

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                          • #14
                            You didn't answer my question.

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                            • #15
                              Originally posted by Tropicana View Post
                              You didn't answer my question.
                              Dem uninformed and unaware

                              They think Paul McCartney is a new artist being given a chance by Kanye

                              ......they on social media for downtime and can't bother with research
                              When its hot in the jungle of peace I go swimming in the ocean of love.....

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