I have no idea. It was around before I started paying any attention and in spite of reams of text written to put the kibosh on it, it just keep going and going, a la Energizer.
The $88 million came from a number that was awarded by one of the CA courts along the way, as a reduction from the original $475 million. It was *allegedly* a more accurate reflection of JHMII’s asset earnings in the 14 months of their marriage.
However, no one has a true valuation of the private Kock Industries stock - and moreover, ANS wasn’t claiming against the will or putting in even a “widow’s claim.” She was just making something up of whole cloth.
Anyway, that court was the one that decided it would be something like $46 million - and then they tacked on something like $42 million in punitive damages because they believed ANS’s legal teams lies’ about Pierce Marshall.
The problem was that they only called 4 witnesses - whereas Texas probate court had a 6-month trial and covered the same issues, with findings all being against ANS. So, the $88 million was overturned and then the SCOTUS remanded it on the appeal.
“However, no one has a true valuation of the private Kock Industries stock....”
I’ll have to say in light of this statement, that it shocked me to read about HKS ‘stealing’ the financial documents of Pierce Marshall off the defense table in the courtroom!! I was thinking....’HELL, HKS has balls after all’!! What NERVE!! And, I must admit, that if I was on ANS’s side of the courtroom, I would have considered that a ‘coup’, BigTime! Especially since he OBVIOUSLY knew that the Texas Court could do NOTHING to him, since he isn’t a member of the Texas Bar! I absolutely do NOT agree with his tactics, BUT I also believe that the RICH should be held accountable to the same things the rest of us are....