Despite being diagnosed with throat cancer , Michael Douglas refuses to delay his court battle with ex-wife Diandra Douglas over her claim that she's entitled to half his earnings from the upcoming 'Wall Street: Money Never Sleeps,' which opens September 24. Diandra had offered to postpone the hearing, but Michael declined -- he wants to get this over with as soon as possible , "a source told Page Six. Lawyers representing the actor and his ex tangled in a New York court.
The suit appeas to hinge on a clause in Michael and Diandra's divorce settlement that entitles her to 50 percent of any earnings Michael receives from any movies he did -- including residuals , merchandising and ancillary rights -- during their 23-year marriage . According to Diandra's lawyers , that provision includes any "spinoffs" of Douglas movies.
Michael's lawyer, Marilyn B. Chinitz , says his ex is misinterperting the agreement , and it doesn't apply to the 'Wall Street' sequel because it wasn't on the horizon when the two split , and he couldn't have guaranteed that he'd be in a sequal if one was ever made.
Since their divorce , Diandra has made $6.3 million from her stake in residual proceeds fron other past projects , Chinitz said.
Michael and Diandra divorce remains one of the costiest in Hollywood histoey. 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 complied 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.
Michael and Diandra recently came together to support their son , Cameron , who was sentenced to five (5) years in prison for his role in dealing methamphetamine and cocaine in New York City.
Michael has cancelled his promotional appearances for 'Wall Street: Money Never sleeps' while he undergoes radiation and chemotherapy for eight weeks to destroy the throat tumer.
Just asking : When does it stop ? It's time for Ms. Douglas to move on and let Michael move on and enjoy his life , without having to concern himself with someone hangin on the past . We all know the man was a whore and a sex addict but he seems to have turned his life around for the better...just saying...Diandra wou will make a lot od Michael fans dislike you if you don't give this a rest.........at least until he's finish his treatments .....Michael needs peace of mind and no worries while he battling for his life and also he has two (2) small children to live for and raise.
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