The divorce trial of billionaire hedge-funder Kenneth Griffin and Anne Dias began Monday in a Chicago courtroom. And while Griffin is likely to avoid a major financial hit, it's probable the public proceedings will spark more unwanted financial and personal scrutiny of the Citadel CEO.
Griffin filed for divorce in July 2014 after 11 years of marriage, and the two have been battling in court filings over the past year. For now, the case is moving forward in Cook County Circuit Court; barring a settlement, it could drag on for months.
But divorce attorneys say a settlement — rather than a full trial — is the most likely outcome.
"As the old saying goes: 'They settle on the courthouse steps,'" said the divorce lawyer William Zabel, who is not involved in the case. "A lot of these cases settle just before trial because both sides want to push as much as they can."