The federal government might get to collect billions of dollars in court-ordered restitution under a new divorce decree between imprisoned former Cendant Chairman Walter Forbes and his wife of 27 years. A Connecticut judge has ordered Forbes' ex-wife to transfer ownership of homes in Connecticut and Wisconsin back to him, plus half of the couple's jewelry and art collections. The ruling allows the federal government and Cendant to attach liens to recover almost $3.3 billion to which the court says they are entitled.
November 18, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The federal government might get to collect billions of dollars in court-ordered restitution under a new divorce decree between imprisoned former Cendant Corp. chairman Walter Forbes and his wife of 27 years.
Bridgeport Superior Court Judge Howard Owens issued a ruling Thursday that orders Forbes’ ex-wife, Caren, to transfer ownership of homes in Connecticut and Wisconsin back to him, plus half of the couple’s jewelry and art collections.
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