Action star has squandered millions? Stallone Divorce Leads To War Of The Roses
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Has the action star wasted money?
Stallone Divorce Leads To War Of The Roses
09/01/2022, 11:42 AM (updated)
Sylvester Stallone and Jennifer Flavin are getting divorced after 25 years of marriage. And the divorce does not seem to be as harmonious as initially announced by the Hollywood star. Flavin allegedly accuses Stallone of squandering the marital wealth.
Sylvester Stallone has responded to his wife Jennifer Flavin’s allegations. According to “People”, he rejects the accusation that the joint fortune was deliberately squandered. “The spouse has not engaged in conduct that involves deliberate waste, depletion and/or squandering of the marital property,” his lawyers wrote, according to the magazine.
According to “People”, Flavin’s allegations are reflected in the divorce papers. She filed for divorce on August 19, 2022 in Palm Beach County, Florida. Flavin and her attorneys reportedly argue that “the spouse should be prohibited from selling, transferring, assigning, encumbering or wasting property during these proceedings.” Flavin argues for “unequal distribution of matrimonial property in their favour”.
With regard to attorneys’ fees and court costs, Flavin asked the court to monitor the “conduct of each party,” which could extend the process to reduce attorneys’ fees. Regarding legal fees, Stallone’s attorneys say his wife “hired an attorney to represent her and agreed to pay the attorney’s fees,” the report said.
Sylvester Stallone and Jennifer Flavin were married on May 17, 1997 in London. At first, it seemed like the two wanted to avoid a War of the Roses. After the divorce, the two spoke about each other in public on the highest note.
(This article was first published on Tuesday, August 30, 2022.)