Sylvester Stallone denies hiding marital assets in response to Jennifer Flavin's divorce filing
msn.comSylvester Stallone has denied intentionally dissipating marital assets in response to his estranged wife Jennifer Flavin's divorce filing.
The former model filed paperwork to end her 25-year marriage to the Rocky star on 19 August, claiming that their union is "irretrievably broken".
In her petition, she also accused Stallone of hiding assets, writing, "The Husband has engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate. " Responding to her filing in court documents submitted in Palm Beach County, Florida, Stallone's legal team insisted that he has "not engaged" in the behaviour of which he has been accused, reported People on Monday.
In addition, the 76-year-old actor agreed that their marriage was "irretrievably broken" and did not oppose Flavin's petition to "restore" her maiden name.
Read more on msn.com