Michael Douglas' Ex-Wife Loses Legal Battle For Wall Street Money

June 17. 2011

Michael Douglas

Diandra Douglas, the ex-wife of actor Michael Douglas, has lost a protracted legal battle, which was an attempt to receive funds from the film "Wall Street 2." The Douglas' divorce settlement reached a few sticking points when they arrived at the issue of dividing marital assets and future royalties from the actor's films.

Michael Douglas and Diandra Douglas in the 1980s

However, the divorce was eventually decided, after 23-years of marriage, which is regrettable. In 2010, Douglas did the sequel to the film "Wall Street." Diandra Douglas contested the divorce settlement, as the first film took place during their marriage in the 1980s and as such, she believed she was entitled to money from what became a franchise with the sequel. However, Judge Matthew F. Cooper denied the appeal stating it is a matter for the California courts to decide. 

RELATED ARTICLE

Catherine Zeta-Jones Punched In The Face By Paparazzi