Skip navigation

Current DateTime: 05:31:21 18 Jul 2009
LinksList Documentid: 24355697
  • Top States for Online Porn

      Findings reveal that online subscriptions are "more prevalent in states where surveys indicate conservative positions on religion, gender roles and sexuality."

  • Highest State Foreclosure Rates

      Here's a look at the states with the ten highest foreclosure rates in June 2009.

  • Highest Grossing Movies

      What are the highest grossing movies of all time, adjusted for inflation? Click ahead to find out!

UTC chairman gives countess $6.5M more for divorce
By: The Associated Press | 17 Jul 2009 | 09:01 PM ET
Text Size

HARTFORD, Conn. - The chairman of United Technologies ended his marriage — and a highly publicized divorce trial — Friday by giving his Swedish countess ex-wife a settlement agreement worth about $50 million.

George David and Marie Douglas-David signed the pact in Hartford Family Court, drawing an end to a rancorous trial that featured days of testimony about lavish gifts, their jet-setting lifestyles and detailed accusations of infidelity.

The couple married in 2002 in Greenwich and signed a postnuptial agreement in 2005 that awarded 37-year-old Douglas-David the equivalent of $43 million if the couple split. But for months now she has been using a high-profile legal team, including New York celebrity divorce lawyer William Beslow, to bargain for about $99 million from David's $329 million fortune.

Trial hearings started in March and resumed Monday before Judge Stephen Frazzini.

Settlement talks began Tuesday night after a particularly difficult day on the stand for David, who was grilled about Douglas-David's attempts to repair the torn marriage while he was carrying out a relationship with girlfriend Wendy Touton. The sides had unsuccessfully sought to reach a settlement outside of court on several previous occasions.

The settlement gives Douglas-David, a Swedish countess and former Wall Street analyst, a $42.5 million portfolio plus $6.5 million and some personal property.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print EmailAdd This share icon


Current DateTime: 01:00:46 18 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 01:00:46 18 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 01:00:46 18 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:00:46 18 Jul 2009
LinksList Documentid: 29779198
CNBCCNBC
About CNBC  |  Site Map  |  Privacy Policy  |  Terms of Service  |  Video Reprints  |  Advertise  |  Help  |  Contact
Partners: AOL Money  |  BloggingStocks.com
CNBC is a Division of NBC Universal
  Data is a real-time snapshot *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
Thomson ReutersThomson Reuters