Los Angeles Dodgers owner Frank McCourt said a version of a postnuptial agreement he and his estranged wife signed in 2004 that excluded the baseball team from a list of his separate property was an “obvious mistake.”
James Hardie Industries , the biggest seller of home siding in the U.S., lost a dispute with the Australian Tax Office over claims it owes A$459 million ($412 million) in back taxes, interest and penalties.
The World Series will have just ended as a judicial Fall Classic may determine whether Major League Baseball Commissioner Bud Selig has complete power over the sport he has controlled for almost two decades.
Fininvest SpA, the investment company of Prime Minister Silvio Berlusconi, was ordered to pay Compagnie Industriali Riunite SpA more than 540 million euros ($770 million) by an Italian court. Fininvest said it will appeal.
The ex-wife of former Los Angeles Dodgers owner Frank McCourt failed to convince a California judge she was defrauded in accepting a $131 million divorce settlement before her husband sold the team for $2.15 billion.