Billionaire investor Ronald Perelman has lost a multimillion-dollar lawsuit over how much money the estate of ex-wife Claudia Cohen should receive for her share in a family partnership.

The court opted to enforce a formula in the partnership agreement that fixed the buyout at $177,808, rather than the $11.5 million sought by Perelman, the executor of the estate.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]