Law

Oklahoma high court sides with Continental CEO in divorce settlement case

The state Supreme Court has dismissed an appeal by the former wife of billionaire energy tycoon Harold Hamm.

04/28/2015 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)

Oklahoma – The Oklahoma Supreme Court has decided to dismiss an appeal by Sue Ann Hamm, who is the ex-wife of billionaire Harold Hamm, in their divorce settlement case. As reported by The Associated Press (AP), the high court ruled 7-2 in favor of energy tycoon Hamm, who is CEO and chairman of Continental Resources Inc.

Harold Hamm filed a motion to have his ex-wife’s appeal of their divorce settlement, which included her being awarded nearly $1 billion, dismissed.

Sue Ann Hamm argued that the amount was not enough because it was only a fraction of their estimated accumulated wealth, which is stated to be around $18 billion. The divorce settlement was approved by an Oklahoma judge in November.

Sue Ann Hamm filed for divorce in 2012. The pair were married for over 20 years.  

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