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.
Jamie McCourt , the estranged wife of Los Angeles Dodgers’ owner Frank McCourt , testified that she didn’t read a 2004 postnuptial agreement her husband claims makes him the sole owner of the Major League Baseball team.
Frank McCourt and his ex-wife may not resume the next phase of their divorce trial, which will address the ownership of Major League Baseball’s Los Angeles Dodgers, for another year, a lawyer for Jamie McCourt said.