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Kenneth Griffin unilaterally files for divorce while wife is away

Many people are fascinated by the marriages and divorces of high-profile couples. California residents may be interested to learn about the recent divorce filing of a prominent couple that reportedly caught the wife unawares. While the founder of Aragon Global Management, Anne Dias Griffin, was on the way to a vacation spot, she learned about the divorce filing that was made by her husband, Kenneth Griffin. He is the founder of Citadel Investment Group, and reported to be worth approximately $5.5 billion.

The wife asserts that her husband timed the unilateral filing to avoid a call from her as their three children were travelling with her, and she would not want to upset them. It was reported that the husband regards the prenuptial agreement -- that was signed one day before their 2003 marriage -- valid. While some courts may suspect coercion or intimidation in cases where a prenuptial agreement was signed on the eve of the wedding, it was reported that the counsel for both spouses were present when it was signed. It is thus alleged that each party understood the documents and signed willingly.

One media report stated that the wife was surprised to learn about the filing as she was under the impression that settlement negotiations were still underway. However, after five months of negotiations, all attempts to reach agreement related to settlements and thereby avoiding litigation have apparently failed. The husband is reportedly seeking joint child custody, and settlement decisions will now be left up to the family court.

Couples in California may need assistance in drawing up a prenuptial agreement. It may be wise to keep in mind that what seems important at that time may not cover all factors that come into play at the time of the divorce. Additionally, courts will consider several factors when deciding whether a prenuptial agreement should be upheld, such as whether the agreement may have been coerced. This is one reason it is generally advised to sign a prenup in advance of the wedding, rather than signing so close to the ceremony.

Source: finalternatives.com, "Griffin Cites Prenup After Filing For Divorce", , July 25, 2014

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