NEW YORK – There is good news for acclaimed actor Michael Douglas. His ex-wife has lost a bid to claim a portion of his earnings for his latest movie, “Wall Street: Money Never Sleeps.”
In a New York court on Thursday, Diandra Douglas’ claim for a share of her ex-husband’s earnings from his latest “Wall Street” movie was turned down. Following a bitter multimillion-dollar divorce, Diandra attempted to cash in on her ex-husband’s earnings, contending it was part of a deal they had agreed upon during the divorce.
Supreme Court Justice Matthew F. Cooper upheld a previous ruling that the money problems between the former couple should remain in California, where the couple divorced in 2000 after 23 years of marriage.
Judge Cooper dismissed Diandra’s lawsuit for the same reasons he cited back in November, yet, she asked him to reconsider.
“This court adheres to its original decision holding that the California court has exclusive jurisdiction over this dispute,” wrote Cooper.
Before the latest court proceedings, Diandra had filed a notice that she plans to appeal to a higher court.
Michael Douglas’ divorce lawyer, Marilyn Chinitz, said she hoped this ruling “would be the last of it.”
Due to the deal the ex-couple struck in the divorce, Diandra is entitled to an equal share of revenue from projects the actor did when they were married. However, she contends that this means she should also get her portion of the money Douglas earned from last year’s “Wall Street” installment.
Douglas’ divorce lawyers claim that the divorce agreement does not apply to the second “Wall Street,” which had not been in the works at the time of the couple’s split.
The issue has turned into a bitter, drawn out battle. At a hearing in April, Douglas’ divorce attorney brought up his recent fight with throat cancer and said his ex “should be ashamed of herself” for trying to swindle more money out of the actor after she has already received over $51 million from him in the divorce settlement.
Diandra’s divorce lawyers, however, brought up Douglas’ recent expenditure – a $5 million-plus home near New York – as well as the amount of money he spends on private school for his children and argue that what they are asking for is nothing compared to what the actor spends.
Diandra’s divorce attorneys were not available for comment.