Revlon magnate Ronald Perelman does not have to pay a level of support for his 4-year-old daughter that mirrors his own “opulent” lifestyle, which only someone with an annual income of $50 million could afford, a State Supreme Court justice in Manhattan ruled yesterday.
Rather, Justice Franklin Weissberg wrote that the operative factor is how much the family has been spending on the daughter, Caleigh. Using that standard, he concluded in Anonymous v. Anonymous, Index No. 310754/96, that the monthly cost of her upkeep, including housing, was $13,500.
This content has been archived.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 Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
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]
