Judge Detects Logical Flaw In ‘Hedge Fund Husband Pays For Both Divorce Lawyers’ Rule

Judge Detects Logical Flaw In ‘Hedge Fund Husband Pays For Both Divorce Lawyers’ Rule

Amanda Sykes, the Marie Antoinette of estranged hedge-fund wives, will be allowed to eat cake, but she’s going to have to pay for it. And for her divorce lawyer.

Amanda Sykes, the unemployed wife of hedge fund big George Sykes, will have to dip into her own assets instead of relying on her husband’s deep pockets to fund her high-stakes divorce….

George Sykes “has every incentive to curtail the litigation to the extent possible, even if that means accepting a settlement that falls short of what he wants. The wife, on the other hand, without any ‘skin in the game,’ does not have the same incentive insofar as her litigation costs are being paid for completely by her adversary,” Cooper said….

Mayerson said that Amanda was demanding $ 1.5 million from her ex for the rest of her life in addition to half his fortune.

“She’s channeling Marie Antoinette. It’s greed,” Mayerson said.

Amanda’s attorney, Robert Cohen said he’s tried “very hard” to resolve the divorce case. He added that the judge will decide at trial which side will ultimately have to pay the $ 2 million in legal fees.

Hedge big’s wife must pay for divorce costs, too [N.Y. Post]


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