Divorces in the hedge fund communities in New York, Connecticut and California tend to be far more bitter than the average divorces. In addition, these divorces are highly complicated. Kevin Tierney, a superior court judge in Connecticut, notes, "You can have an asset change by $1m while a witness is on the stand." Information source: Financial Times Alphaville Instant Market Insight posted by Gwen Robinson.

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The Court (Tierney, J.) ruled on a post judgment motion for contempt and modified the separation agreement of the parties such that the parties would be prevented from publishing memoirs, interviews, essays or descriptions depicting the other in an untruthful or derogatory manner. Should a material violation or breach occur, the offending party may be ordered to make a public apology and sanctioned by making a payment of $25,000 or 1/100 of the offending party’s net worth, whichever amount is less. Information source: The Connecticut Law Tribune.