Divorce is always a challenging time for all those involved, in Clinton Township as with anywhere else. Sometimes it can be more difficult for one of the parties involved than the other. This is often the case when the separation is a high asset divorce and a lot of money is involved. Some parties find it especially difficult to let go.
Professional basketball star, Dwyane Wade is facing yet another lawsuit from his ex-wife, Siohvaughn Funches-Wade. The former couple, who has been divorced since 2010, is no stranger to legal battles. Ms. Funches-Wade and her ex-husband have already battled it out in court over the custody of their two children, which Mr. Wade eventually won.
Now, Ms. Funches-Wade is claiming that her ex-husband owes her a total of $2 million in damages, which she claims stems from an endorsement agreement from 2008. According to reports, Ms. Funches-Wade claims that Mr. Wade is violating a previous agreement that he and his ex-wife share all of his endorsement deals equally. However, Mr. Wade’s attorney says that he expects the lawsuit to be thrown out. The suit comes at would could be an opportune time for Mr. Wade to cash in on his celebrity status as his team, the Miami Heat, just won the NBA championship.
Divorce is never a pleasant experience, especially when there is a lot of money involved. During any high asset divorce it’s important that a person has the right attorney in his or her corner, especially when decisions are made on property division. Speaking with an experienced divorce attorney could be the key in determining whether or not a person gets everything he or she is entitled to.
Source: USA Today, “Dwyane Wade's ex-wife sues over endorsement deals,” July 11, 2013.