to appeal a court ruling that awarded her nearly $1 billion in a divorce settlement, according to her attorney.
An Oklahoma County
judge awarded $995.4 million this week to Sue Ann Hamm, who was married
for more than 20 years to Continental Resources Inc. CEO Harold Hamm
before she filed for divorce in 2012.
Her
attorney, Ron Barber, told The Oklahoman newspaper
(http://bit.ly/1zU8bkY ) that they plan to appeal, saying the amount is
less than 6 percent of the couple's estimated $18 billion wealth. Harold
Hamm was an early believer in the Bakken oil shale formation, which is
spurring the oil boom in western North Dakota. The state is now the
nation's second largest oil producer behind Texas.
Harold
Hamm has been directed to pay $322 million to his ex-wife by the end of
the year, then minimum payments of $7 million each month starting in
January.
A spokeswoman for
his Oklahoma City-based company, Kristin Miskovsky, said Friday that the
settlement has no impact on the company's business or operations. She
declined further comment.
The
judge's order states that marital assets awarded to Harold Hamm totaled
more than $2 billion. The judge also ordered most of the transcripts
and court filings in the divorce case to remain sealed.
Sue
Ann Hamm was awarded the couple's $4.6 million marital home in Nichols
Hills, Oklahoma; an $800,000 home in Enid, Oklahoma; and a $17.4 million
home in Carmel Valley, California.
Harold
Hamm was awarded a $750,000 home in Branson, Missouri, along with a log
cabin and 154 acres in Major County, Oklahoma, valued at about
$300,000.
Source:yahoo news.
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