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Posts tagged "dissolution action stay"

Dissolution action stay, TRO: Property division's best friend? p2

We are talking about how temporary restraining orders -- also called dissolution action stays -- work in Illinois. These orders are often used in child custody and domestic violence situations, but we are focusing on their role in property division in a divorce. Basically, TROs protect both parties by maintaining the status quo for marital assets.

Dissolution action stay, TRO: Property division's best friend?

If Tom Cruise and Katie Holmes had not had an antenuptial agreement, how would they have approached property division? Every news article made a point of saying that Cruise was worth much, much more than Holmes. When she served him with the divorce papers, how could she have kept him or his accountants, business managers, agents, lawyers and other representatives from moving assets around to make it look as if he had less? How could she -- or anyone, for that matter -- have kept him from giving everything he owned to his son so he could honestly say he had nothing?

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