E.R. Actress' Divorce Settlement: Too Favourable?
The once hit show, ER's Parminder Nagra is definitely happy after the settlement reached with her non-famous ex-husband James Stenson. Last year, Stenson sued Nagra claiming she was hiding money from her lucrative acting gigs.
According to the parties' settlement, Stenson is walking away with very little property-wise, while Nagra is getting the bulk of the goods.
Here's a quick breakdown of the parties' settlement: Nagra is keeping the couple's California home which is worth over $700,000, a home they owned in the UK worth $1.5 million, and a chunk of the proceeds from the sale of a rental property the couple owned. She also gets three of the four cars, and ALL of her income, residuals and royalties from her years on ER, and appearances in Alcatraz and Psych.
So what's left for Stenson? Well, $450,000 from the sale of the rental property, $1,226.00 per month in child support for the parties' 4-year old-child, and his photography business. And last but not least, he gets to keep the Mazda CX9.
Nagra may want to keep in mind that such one-sided agreements can potentially be grounds for the agreement to later be set-aside. No agreement is absolute, and regardless of the terms, a party may later bring the agreement to court to be reviewed. In reviewing the agreement, the court will look out for any signs that the terms are unconscionable, which is why one-sided agreements are risky business.
Some further grounds for setting aside agreements are:
- Non-disclosure of significant assets and
- Failure of a party to understand the nature and consequences of the agreement.