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Michael Douglas's ex-wife files lawsuit fighting for half of his Wall Street 2 money
By MAIL ONLINE REPORTER
Last updated at 10:13 PM on 28th June 2010
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Michael Douglas's ex-wife Diandra has filed a lawsuit claiming she is entitled to half the money he has received from new movie Wall Street: Money Never Sleeps.
The 65-year-old actor, who starred in Wall Street in 1987, is said to be furious after Diandra claimed her divorce deal says she is entitled to half of any money Douglas gets from his movies - including any 'spinoffs' from his previous films.
This includes Oliver Stone's upcoming Wall Street: Money Never Sleeps, in which Douglas reprises his role as greedy Gordon Gekko, according to Diandra's lawyer Nancy Chemtob.
New claims: Michael Douglas's ex-wife Diandra has alleged she is entitled to half of his profits from Wall Street 2 in a new lawsuit
Ms Chemtob told Manhattan Supreme Court Justice Matthew Cooper last week: 'It's the same character, the same title, just years later.'
However, Douglas's lawyer Marilyn Chinitz says the new film is a 'sequel', not a 'spinoff', and Diandra is not entitled to any of Douglas's proceeds from the film.
She added: 'They're not the same thing.'
Formerly in love: Douglas and Diandra together in 1994. They divorced in 2000
Ms Chinitz added Douglas, whose divorce from Diandra saw her receive a payout of approximately $45million, is not happy about the new lawsuit.
She explained: 'He doesn't want her to be an albatross around his neck forever.'
Ms Chinitz also told judge Justice Cooper that the case should be dismissed because it should have been filed in Santa Barbara, California, where the former couple divorced, and because it has no merit.
Gekko returns: Michael Douglas reprises his role as Gordon Gekko in upcoming movie Wall Street: Money Never Sleeps alongside Shia LaBeouf
However, Ms Chemtob told the judge that she filed the suit in New York as it is where both parties currently live.
She also said there is nothing that suggests the case can only be heard in California.
At the hearing on Wednesday, Justice Cooper told Ms Chinitz and Ms Chemtob that he hasn't decided the result of the case and won't until he decides whether it should go ahead in New York, or be sent back to Santa Barbara.
Read more: http://www.dailymail.co.uk/tvshowbiz...#ixzz0sKs9L7IS
Michael Douglas's ex-wife files lawsuit fighting for half of his Wall Street 2 money
By MAIL ONLINE REPORTER
Last updated at 10:13 PM on 28th June 2010
Add to My Stories
Michael Douglas's ex-wife Diandra has filed a lawsuit claiming she is entitled to half the money he has received from new movie Wall Street: Money Never Sleeps.
The 65-year-old actor, who starred in Wall Street in 1987, is said to be furious after Diandra claimed her divorce deal says she is entitled to half of any money Douglas gets from his movies - including any 'spinoffs' from his previous films.
This includes Oliver Stone's upcoming Wall Street: Money Never Sleeps, in which Douglas reprises his role as greedy Gordon Gekko, according to Diandra's lawyer Nancy Chemtob.
New claims: Michael Douglas's ex-wife Diandra has alleged she is entitled to half of his profits from Wall Street 2 in a new lawsuit
Ms Chemtob told Manhattan Supreme Court Justice Matthew Cooper last week: 'It's the same character, the same title, just years later.'
However, Douglas's lawyer Marilyn Chinitz says the new film is a 'sequel', not a 'spinoff', and Diandra is not entitled to any of Douglas's proceeds from the film.
She added: 'They're not the same thing.'
Formerly in love: Douglas and Diandra together in 1994. They divorced in 2000
Ms Chinitz added Douglas, whose divorce from Diandra saw her receive a payout of approximately $45million, is not happy about the new lawsuit.
She explained: 'He doesn't want her to be an albatross around his neck forever.'
Ms Chinitz also told judge Justice Cooper that the case should be dismissed because it should have been filed in Santa Barbara, California, where the former couple divorced, and because it has no merit.
Gekko returns: Michael Douglas reprises his role as Gordon Gekko in upcoming movie Wall Street: Money Never Sleeps alongside Shia LaBeouf
However, Ms Chemtob told the judge that she filed the suit in New York as it is where both parties currently live.
She also said there is nothing that suggests the case can only be heard in California.
At the hearing on Wednesday, Justice Cooper told Ms Chinitz and Ms Chemtob that he hasn't decided the result of the case and won't until he decides whether it should go ahead in New York, or be sent back to Santa Barbara.
Read more: http://www.dailymail.co.uk/tvshowbiz...#ixzz0sKs9L7IS