Lincoln & Wenk, PLLC
View Blog Navigation

Appeal of $975 million divorce agreement denied

Imagine that you were married to a billionaire, and that after many years of marriage, the two of you decide it is time to call it quits. You file for divorce, and the process takes its course. Eventually an agreement is in place -- but the billion-dollar agreement doesn't even come close to seeming fair, given that your spouse is worth nearly $20 billion. So you decide to appeal the decision.

Does this seem ridiculous? Well it is -- and it's also a real story. Harold Hamm, an oil tycoon worth $18 billion, and his wife got a divorce last year. As part of the divorce Harold Hamm agreed to pay his ex-wife Ann Arnall $975 million. He audaciously wrote Arnall a check, which she cashed. But then Arnall realized that what she was receiving was just a drop in the bucket compared to Hamm's net worth. So she appealed the agreement.

She lost that appeal, and will have to deal with the unfortunate reality of only having $975 million.

Now, we are being sarcastic in this post, and some of our inflection is in jest. In reality though, if you ignore the staggering amount of money involved in this divorce, the issues are very real. Financial matters are inherent to the divorce process, and the splitting spouses are unlikely to agree in the beginning as to how those assets are supposed to be divided between them.

It's always possible to negotiate or mediate the situation, and the spouses, over time, could reach an acceptable arrangement that allows them to complete their divorce and move on with their lives.

Source: Huffington Post, "Oil Tycoon Harold Hamm's Ex-Wife Loses Appeal Over $1 Billion Divorce," Reuters, April 28, 2015

No Comments

Leave a comment
Comment Information
  • Super Lawyers
  • 2015 ARAG | Elite Service Provider
  • AV | Peer Review Rated for Ethical Standards & Legal Ability | Preeminent | Martindale-Hubbell from LexisNexis
  • American Association for Justice | Formerly the Association of Trial Lawyers of America (ATLA)
  • Arizona Association of Family Law Attorneys - AZAFLA
  • Lincoln & Wenk, PLLC BBB Business Review
  • Association of Top 100 2019 | American Trial Lawyers
  • American Academy Of Trial Attorneys | AATA | Premier 100 | 2015
  • Family Law | Top 10 | Attorney And Practice Magazine's | 2018 | Attorney
  • Top Valley Lawyers 2017 | North Valley Magazine
  • American Institute of Family Law Attorneys | 10 Best 2017-2018
  • Veteran Owned Business - A Registered Vetrepreneur on Buyveteran.com - 2014
  • Avvo Top Attorney
  • Avvo Client's Choice
Email Us For A Response

Need legal help from an attorney?
Contact us now to schedule a consultation with our lawyers

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Goodyear Office:
1616 North Litchfield Road
Suite 140
Goodyear, AZ 85395

Phone: 623-748-4890
Fax: 623-536-1984
Goodyear Law Office Map

Peoria Office:
14050 N. 83rd Avenue
Suite 290
Peoria, AZ 85381

Phone: 623-748-4890
Fax: 623-536-1984
Peoria Law Office Map

Phoenix - Desert Ridge Office:
20830 N. Tatum Blvd
Suite 210
Phoenix, AZ 85050

Phone: 623-748-4890
Fax: 623-536-1984
Phoenix Law Office Map