$11.2 billion at stake in looming divorce of oil baron!

A divorce with $11.2 billion on the line is in store for oil baron Harold Hamm, one of the richest men in America.

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Harold Hamm the chief executive of Continental Resources looming divorce with soon to be ex-wife Sue Ann Hamm will put a $11.2 billion oil fortunate on the line.

Sue Ann alleges that her husband was having an affair, as her main reason for divorcing him. If this is the case, she could end up with a huge settlement.

Harold and Sue Ann were married in 1988 and have two adult children together. Harold, 67, was named as one of the most influential people in the world by Time Magazine and Forbes named him one of the 50 richest Americans last year. Sue Ann is a former executive at Continental but is no longer with the company.

It is unclear if the two had a pre-nuptial agreement, but if not Sue Ann Hamm could walk away with about half that, or about $5.6 billion, which would still make it the most expensive divorce settlement to date.

Liberty Ross finally files for divorce from Rupert Sanders!

Liberty Ross has finally filed for divorce from Rupert Sanders!

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Six Months after Ross’ learned about husband’s “momentary indiscretion” with actress Kristen Stewart was revealed in July 2012.

The British model, 34, has filed for divorce from her director husband, 41, in L.A. County Superior Court. She  is asking for joint custody of their two children, Skyla, 7, and Tennyson, 5, as well as spousal support and attorney’s fees.

Sanders, has also filed a response to his wife’s petition in which he also requests joint custody. However, he is not seeking spousal support and wants to share the costs of attorney’s fees.

 

Are Pinoys ready for Divorce?

Award-winning broadcast journalist Ted Failon probes on the status of House Bill 1799 or the so-called Divorce Bill this Saturday (Jan 19) in “Failon Ngayon.

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According to Rep. Luzviminda Ilagan, one of the authors of the said bill, there are 800 cases of legal separation and annulment being submitted to the office of the Solicitor General every month. From 2001 to 2007, there were more than 43,650 applications filed and in 2010 alone, 8,282 were already recorded.

As expected, the Catholic Bishops’ Conference of the Philippines (CBCP) and other religious organizations are against this bill as it will allegedly break the sanctity of marriage.

The Philippines is the only country in the world that doesn’t implement divorce. This is the reason Filipinos who want to end their marital obligations would settle via legal separation or annulment.

Are Filipinos ready for the Divorce Bill? What are its pros and cons?

Don’t miss this full report in “Failon Ngayon” this Saturday (Jan 19), 4:45 PM on ABS-CBN with a replay on ANC every Sunday, 2PM. Visit its Facebook page at www.facebook.com/failon.ngayon and follow it on Twitter via @Failon_Ngayon. Tweet your thoughts and reaction this weekend using the hashtag #FailonNgayon.

Katie Holmes looks gorgeous on the cover of C!

Katie Holmes is gorgeous on the cover of C Magazine‘s September 2012 issue.

Below are some highlights from the interview:

On her life and future:

“I’m ready to take on some more challenging roles. I feel like I worked so much at such a young age that I really wanted to have life experiences. I feel more balanced and like I have more to bring to the table. I always felt like I wanted to catch up [in my personal life] to what I was doing [in my career].”

On designing for women:

“I think women want to feel sexy but they don’t want anyone to know they’re trying.”

Writer Kelsey McKinnon on interviewing Katie the day before she filed for divorce:

“Going back over the tapes, there were signs: Holmes was certainly very aware of herself, laying a couple cards on the table but never showing her whole hand. Most noticeably, the one name decisively absent from her lexicon: Tom Cruise. She never actually refers to him by name over pages and pages of transcription.”

Katie Holmes wants divorce details private!

Katie Holmes and Tom Cruise divorce has sent the media in frenzy,it seems that Katie is doing everything in their power to keep the details of their divorce private.

Jonathan Wolfe, Holmes’ attorney, told The Los Angeles Times‘ that the reports that surfaced last week stating that Holmes was looking for an “emergency” custody hearing were untrue. He did, however, mention that Holmes is trying to keep the case private.

“The reports about an emergent filing last Friday are incorrect. Other than her action for divorce, the only pending application filed by Ms. Holmes remains her request for an anonymous caption,” Holmes’ attorney told the publication.

An anonymous source went on to say that Holmes is hoping to avoid a public fight over the divorce, and that there won’t be a fight over money.

But, the camp of Tom Cruise thinks otherwise: “They believe Katie and her team are leaking false stories to the media by maintaining she was trying to save Suri from the grips of Scientology, and that’s why she left Tom.”

Katie Holmes filed for divorce from Tom Cruise, wants sole custody!

Katie Holmes has decided to end her marriage with Tom Cruise over Scientology!

Katie filed for divorce in New York on June 28, citing  “irreconcilable differences”. She wants sole custudy of Suri Cruise, 6,  primarily because she doesn’t want Tom controlling any decisions relating to religion and  “primary residential custody”.

Katie has never really fully adopted the Scientology lifestyle, and the primary reason for the filing was over Tom Cruise’s involvement with the Scientology church, and more importantly that Tom would drag Suri into the church.

We also know Katie is asking for a “suitable amount” of child support .. this according to the divorce docs.

Katie also asks for a division of property in her divorce docs, although we know there was a significant prenup that is based on California law. Katie makes no mention of the prenup in her filing.

We’re told Tom is “very sad” and “did not see this coming.” He was spotted wearing his wedding ring just this week while filming in Iceland. Interestingly, Katie also wore her ring this week.

We’re also told there is some “nastiness” here, evidenced by Katie’s move to get sole legal custody.

Tom’s rep has released a statement saying, “Kate has filed for divorce and Tom is deeply saddened and is concentrating on his three children.  Please allow them their privacy to work this out.”

Katie’s divorce petition was filed anonymously, without names.

The couple was last seen together  was during the Oscars.

 

Courtney Cox also files for divorce and wants to drop Arquette name!

David Arquette first filed for divorce from wife of 13 years Courtney Cox, now it is her turn to file one, too!

The actress also cited the same reason of  ”irreconcilable differences” in her petition and she also chose to represent herself. She is seeking a joint physical custody of her daughter, Coco, 8 years-old and wants to dropp the name “Arquette.

The couple seems to have no pre-nuptial agreement on their papers, this means that David may be entitled to have of his ex’s fortune under California law.

 

Dennid Quaid’s third wife filed for divorce!

Dennis Quaid’s wife number three Kimberly Buffington-Quaid has filed for divorce citing , ”The marriage became insupportable because of discord or conflict of personalities … that destroys the legitimate ends of the marriage relationship and prevents any reasonable expectation of reconciliation.”

Kimberly is asking for spousal support and attorney’s fees.

 

There is a temporary custody order in place, assuring that both Dennis and Kimberly each get time with their kids, and divides use of their residences.

Kimberly is asking that all of their community assets be fairly divided. In Dennis’ answer to Kimberly’s petition, he says he wants her to get nothing.

Both Dennis and Kimberly Buffington-Quaid, who married in 2004, are ordered not to say anything “vulgar, profane, obscene or indecent” to each other.

Kimberly’s rep has released a statement … saying, “We can confirm that Kimberly Quaid has filed for divorce.”

The statement continues, “Contrary to what has been reported, a satisfactory settlement is being worked out for both parties. We will not be providing any further information on this private matter.”

Olivia Wilde is on the cover of Marie Claire!

 

Olivia Wilde is on the cover of Marie Claire magazine’s August 2011 issue!

On this issue she revealed about her divorce, and then moving on afterwards!

Here are highlights from the interview:

On her divorce:

“The trauma of the whole thing has been humbling, and for the first time, I’m a little bit wobbly. I’m a case of arrested development, in a way – from spending your 20s with someone who really loves to take care of you, as my husband did. But I think it’s very healthy to spend time alone. You need to know how to be alone and not be defined by another person.”

“I kept saying ‘I failed!’ Admitting that I’m not perfect was a wonderful thing that came out of this. There’s this fear that everyone is going to be disappointed in you, but I’m human. I don’t live up to any sort of ideal. It makes you a more empathetic person, and I think it’s made me a better actress. Weakness is something we don’t like to admit we have. We hold it against people, until we experience it, and then we feel more compassion for it. David Shore, who created House, said, ‘You should get divorced every year; your acting’s never been better!’”

On dating again:

“In the end, maybe it’s just that I’m a ridiculous romantic. I have very high standards for every part of life – my work, my relationships, food, love. I can’t just pretend. I’m trying to be adult, entering the shark pool of dating, but I’m hopeless at it… I think of myself as being very cool and independent and not jealous, but I like clarity.”

The first person she was attached to after her divorce was Ryan Gosling. After Ryan reportedly came Bradley Cooper, Justin Timberlake, Jake Gyllenhaal and more.

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