COBALT advised a client in connection with a high-value divorce involving extensive asset division. The objective was to achieve a favorable and acceptable allocation of joint marital property for the client without resorting to court proceedings.
The marital estate comprised shareholdings in numerous companies, including a foreign entity, various real estate properties, vehicles, boats, securities investments, and multiple receivables. The scope of work also included structuring transactions to secure the financial independence of the children.
Through intensive negotiations, a comprehensive out-of-court settlement was reached, covering the full range of asset classes and ensuring a structured and orderly division of the estate.
The team included Managing Associate Kadri Michelson and Associate Crislyn Piirits.
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