201511.12
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“Chicago’s wealthiest resident” settles divorce

An analysis of the high-profile divorce of Ken Griffin, the CEO of Citadel, and his wife, Anna Dias Griffin shows no clear winner after the finalization of their dissolution on Oct. 6, 2015. She will continue to live in Chicago, but he will pay more than agreed upon for child support in the pre-marital agreement. The terms of the prenup have been contested since he sought the divorce in July 2014.
Neither party commented on the case. Mr. Griffin has been called Chicago’s wealthiest resident.

Mrs. Griffin previously claimed that she was “coerced” into signing the prenup terms, but she eventually accepted them. She received a $25 million payment when they wed. According to court documents, neither party now contests the set terms and will abide by them. The paperwork further states that she is no longer contesting the validity of the prenup and will never challenge it in the future.

In exchange, Mr. Griffin agreed to pay more child support than was initially established in the prenup. Although the specific amount was not disclosed, it falls outside the amount set by state family law rules.

Paperwork further notes that the couple has unsuccessfully attempted to reconcile and that further efforts to do so would not benefit either party.

Mrs. Griffin originally wanted to leave the state and move to New York with the couple’s three children, who are all 8 or younger. Mr. Griffin vehemently protested her plan as he is also involved in their lives and wanted to be able to continue his close proximity to them. Previously, he had hoped to include a term in their prenup prohibiting a move from Chicago for her since he knew her negative feelings about the city prior to the divorce.

Whether or not a hotly contested divorce involves significant amounts of money, neither party usually wins. However, the couple should be able to negotiate their differences through give-and-take, especially with the help of seasoned attorneys who can help eliminate some of the emotion surrounding the end of the marriage.


Image courtesy of the Chicago Tribune