Oklahoma oil billionaire Harold Hamm on Wednesday moved to drop his appeal of a $1 billion divorce award to his ex-wife, a day after the court dismissed her bid to re-open the case, according to a court filing. Hamm's decision to withdraw his counter-appeal of a bitterly fought divorce after a lower court awarded his ex-wife Sue Ann Arnall around $1 billion in January could end their dispute, which has been ongoing since 2012 with billions at stake. In the filing, lawyers for Hamm, the chief executive and majority owner of driller Continental Resources Inc CLR.N, said he "is willing to dismiss his counter-appeal," and asked the state's Supreme Court to do so. The check covered the remaining balance of a divorce ruling that awarded Arnall around $1 billion in cash and assets.
from U.S. News Headlines – Yahoo! News http://ift.tt/1JaeK4e
You must be logged in to post a comment.