"Ex-wife of Phil Ivey got millions in divorce settlement" (updated)

Phil Ivey and his ex-wife.

Las Vegas Review-Journal published this morning interesting article on the ongoing situation regarding the 2009 divorce between Phil and Lucietta Ivey.

Earlier this year, Lucietta filed a request to have the judge involved in the divorce disqualified after finding out Phil and his attorneys had made campaign contributions to the judge shortly after the divorce settlement was signed.

Now, in a response that was filed by Ivey's attorneys, David Chesnoff and Richard Schonfeld, Ivey denies any bias in the case.

The response among other things reveals, that Lucietta Ivey received a purse collection worth $1.2 million, jewelry valued at more than $1 million and $180,000 a month in alimony as part of the initial divorce settlement.

Lucietta Ivey also received her car, her life insurance policy, 40 percent of a stock account, a down payment for a new residence, half of the proceeds from the sale of the couple's home, and 40 percent of all business interests "with the exception of Tiltware, LCC," the parent company of Full Tilt Poker.

"Lucietta ended up with no debt, with millions of dollars worth of property, and with specific unambiguous alimony provisions," the response said.

Also, Phil Ivey, as part of the initial divorce settlement accepted $170,000 in credit card debt and more than $15.1 million "in gambling and other debt."

Source: Las Vegas Review Journal

Update: Luciaetta Ivey filed a lawsuit earlier this week against her ex-husband Phil Ivey, Ivey’s lawyer David Chesnoff and her former lawyer John Spilotro, alleging that the three of them conspired against her to rob her of her equal share of the couple’s community property.

See the Las Vegas Sun article for more information.

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