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The Billion-Dollar Divorce
Headlines across the country proclaimed, “Harold Hamm to Pay One of the Biggest Divorce Settlements in History,” and “Sue Ann Hamm: One Billion Dollar Divorce Settlement Is Not Enough.” The Oklahoma City divorce case of Sue Ann Hamm and Harold Hamm (a 68% owner of publicly traded oil company Continental Resources Inc.) garnered widespread attention due to the approximately $16 billion of assets at issue. Sue Ann Hamm's award of approximately $1 billion of the $16 billion of potential assets has been the focal point of stories and discussions about the case; however, the details of the decision, as well as the manner in which the case was handled, serve as important reminders of how large-asset divorce cases are litigated across the country and in Pennsylvania in particular.
The Case
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