Economy, Bad Publicity Hurt Partner's Assets, Judge Rules

, New York Law Journal


In a highly acrimonious divorce between a Cadwalader partner and his wife, the partner has been allowed to keep most of the value of his partnership interest as a judge found the wife's conduct during the divorce contributed to the decline of his business assets.

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Originally appeared in print as Ex-Wife's Actions Ruled Factor in Drop in Value of Husband's Practice

What's being said

  • cy elk

    Seems like you missed the point that at this stage, it is all about the money? Did you not get on with your life yet? And if your husband‘s career is where your money comes from and you try to destroy it in the press, how can you complain when it ends up being worth less, all because of you? tsk tsk.

  • Janice Schacter

    Judge Drager described a choke restraint with red marks and a bump on my head and years of abuse including rape threats, a knife pointed at me, being pushed and him sitting on me as being “treated badly.” He chest bumped me in the court hallway in front of attorneys. See the comments on the petition against her on

    This was about protecting her career. I stood up to a Judge who wouldn’t enforce court orders, follow state laws, ensure my family was safe, give me legal fees, proper discovery, experts and then created a record to prevent an appeal.

    The matrimonial court has become the wild west. The new movie “Divorce Corp.” documents the issue.

    I am not a public person but when Judge Drager failed to ensure that I was safe and had a fair trial, I was left no choice but to use the channels available to me which was the press. I ran out of options but I deserve justice.

    Janice Schacter

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