Wednesday, June 30, 2010

Michael Douglas : Ex-Wife says Gimmie The Money "OUCH"

The title for the upcoming sequel to 'Wall Street' is Money Never Sleeps,' and star Michael Douglas is learning the hard way just how true those words are.
Douglas is being sued by his ex-wife, Diandra Douglas, who is claiming that she is entitled to 50% of his earnings from the upcoming 'Wall Street: Money Never Sleeps' as part of her divorce settlement from the actor in 2000, and he's currently married to actress Catherine Zeta-Jones, with whom he has two children.
It seems strange that Diandra would be seeking her share of her ex-husband's salary for a movie he made a decade after their divorce was finalized...well it is. The suit appears to hinge on a clause in Michael and Diandra's divorce settlement that entities her to 50% of any earning Michael receives from any movies he did - including residuals, merchandising and ancillary rights - during their 23-year marriage. According to Diandra's lawyers, that includes any "spinoffs" of Douglas movies.
Marilyn Chinitz, Michael's lawyer, however, simply thinks this is a case of life imitating art, with Diandra taking the famed Gordon Gekko line "greed is good" to heart. Michael doesn't want Diandra to be an albatross around his neck forever," Chinitz said.
Michael and Diandra's divorce remains one of the costliest in Hollywood history. The pair's split was bitter, to say the least, with Diandra accusing Michael of sex and alcohol addiction and multiple infidelities. In 2007, Forbes magazine compiled a list of the 10 most expensive celebrity divorces and listed the Douglases' at number eight. Diandra walked away with an estimated $45 million and the couple's homes in Beverly Hills and Majorca.
Justice Cooper has delayed ruling while he considers whether he should keep the case or send it back to a California court; however, he revealed that he believes there is indeed a difference between a spinoff and a sequel.
Michael and Diandra recently came together to support their son, Cameron, who was sentenced to five years in prison for his role in dealing methamphetamine and cocaine in New York City. During Cameron's April hearing , Michael, who along with Zeta-Jones and Kirk Douglas asked the judge for leniency, took a swipe at his ex-wife in a letter to the judge, describing Diandra as "a young mother without any parenting skills handed down from her own parents.
My spin : No,no,no Michael...it's not nice to say bad things about your children's mother, you knew Diandra was half your age  and wasn't wise to the world, but she was smarter than a lot of the women you f**ked, she made you marry her, now you have to pay the piper...so just grin and bear it...it other words just pay up and keep your woo-woo in your pants.
Kicking back having fun and keeping it real.

1 comment:

  1. If you come here , Iat FTBB on Larry King Live.

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