27 April 2012
Courts finalise £44m divorce
The multi-million pound divorce of a high-profile US couple has been concluded.
Michael Dovey - the former president of internet giant Yahoo - had been involved in a bitter separation with Silicon Valley magnate Susan Decker for around five years,but this has now been finalised.
The pair had alleged issues such as infidelity, bugging and illegal drug use as the reasons behind their break-up during their legal proceedings but have now agreed on how their $71 million (£44 million) worth of assets should be divided.
Mr Dovey and his wife - who have three children together - married in 1992 but filed for divorce 15 years later and have since been disputing how their fortune can be shared.
Courts heard that their joint assets include a private jet, two boats, land in the Napa Valley winemaking region and several multi-million dollar homes in various plush locations across the US, such as Laguna Beach.
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Posted by Chris Stevenson