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As Economy Tanks, So Does Alimony

Wealthy argue that falling assets make old settlements unfair

By Rob Quinn,  Newser Staff

Posted Mar 24, 2009 9:39 AM CDT

(Newser) – The impact of plunging asset values is making itself felt in divorce courts, reports the Daily Telegraph. Celebrities and corporate high-fliers pleading poverty have managed to wrangle reduced payments to their exes in recent months. Lawyers warn that the trend toward cut-price settlements is now...   Read full story »

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