If you have questions about divorce, legal separation, alimony entitlement, or alimony in Connecticut, please feel free to call the experienced divorce attorneys at Maya Murphy, P.C. in Westport today at 203-221-3100 or email Joseph C. Maya, Esq. at JMaya@Mayalaw.com.

The long-running divorce involving the founder of the Cancer Treatment Centers of America is due back in court Wednesday and may yet go to trial to decide the division of the multimillionaire’s assets.

The Stephenson Divorce

Richard and Alicia Stephenson’s marriage was dissolved earlier this year, but they are continuing a nearly seven-year legal battle over who gets what, in what is likely the longest-running, most hotly disputed and costliest divorce case in McHenry County.
Richard Stephenson, 76, is chairman of the board of the privately owned Cancer Treatment Centers, which has five locations, including one in Zion. He lives in the couple’s former home on a horse farm in Barrington. Alicia, 51, who previously was chair of the centers’ charity arm, Gateway for Cancer Research, is renting a house in Lakewood.
Before they married in 1991, Alicia Stephenson signed an agreement for her husband to pay her unspecified monthly income and provide her a house in case of divorce. His attorneys have long argued that should settle the matter.
A judge has ruled that the prenuptial agreement is valid, but through her attorneys, Alicia Stephenson has argued that some property was jointly owned and must be divided.
Following a court hearing last month, attorneys for each side said they have tried to negotiate a deal.

Comments and Considerations

David Grund, an attorney for Richard Stephenson, said that 98 percent of the issues had been resolved, but there were still 10 properties, including real estate, whose ownership had to be determined.
Alicia Stephenson’s attorney, Elizabeth Wakeman, estimated the parties have agreed on only 20 percent of the issues and still have significant matters to resolve regarding the value of each party’s ownership in corporate and real properties, many that involved income from the treatment centers.
Grund said that Stephenson had made a “very generous” settlement offer, but Wakeman called it “outrageously low.”
Judge James Cowlin is tasked with trying to guide the parties toward an agreement after the yearslong dispute.

For a free consultation, please do not hesitate to call the experienced family law and divorce attorneys at Maya Murphy, P.C. in Westport, CT at 203-221-3100. We may also be reached for inquiries by email at JMaya@mayalaw.com.

Source: WESTLAW News — Robert McCoppin, High Profile Divorce Back in Court,  5/18/16 Chi. Trib. 8

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