Tuesday, September 10, 2013

No end in sight for decade-long Conn. divorce case

The AP reports:
It's a divorce and child visitation case that already has produced nearly 600 motions and rulings and evidence of insider trading that brought down a multibillion-dollar hedge fund.

And as it passes the 10-year mark, the case of former Connecticut investment adviser David Zilkha and his ex-wife, Karen Kaiser, shows no signs of nearing a final resolution. They remain embroiled in disputes over child visitation and fees for hired experts, with more court hearings set for the next two months.

The acrimony has included mudslinging by both sides and prompted a show of frustration from the judge.

"There are some cases that for whatever reason ... sort of spin out of control," Judge Michal Shay said during a hearing in Stamford Superior Court last year. "It seems impossible, it seems intractable, sometimes to pull them back and try to get them on the right track, and that's what I'm trying to do here."
A whole lot of legal fees.