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Harold Hamm's Ex-Wife Cashes $975M Divorce Settlement Check After Rejecting It

The ex-wife of an oil magnate who rejected a $975 million check from her husband as a divorce settlement has reportedly changed her mind.

Attorneys said Thursday that Sue Ann Arnall, of Oklahoma, deposited the hand-written check from her husband Harold Hamm in the amount of $974,790,317.77 in an Oklahoma City bank, Reuters reported.

"We feel this is the end of the case from her perspective," Hamm's attorney Craig Box told the news agency, referring to a drawn-out divorce battle that lasted two years.

The 58-year-old ex-wife made headlines Tuesday when she rejected the money from Hamm, whose company Continental Resources is worth almost $9 billion, on the grounds it was less than the billions she was owed, reflecting the massive profits the company gained during their 26-year marriage.

Hamm originally wrote the check to fulfill an Oklahoma County court's November ruling that he pay his second wife $1 billion in cash and assets from their estate, Reuters reported.

Both husband and wife filed an appeal, with Arnall demanding more money and Hamm's attorneys working to lower the amount by arguing the company's wealth was a result of rising oil prices and other "passive" factors and not their marriage.

It was not immediately clear why Arnall, an attorney who served as an executive at Continental, deposited the check that is said to be one of the biggest ever divorce settlements in the U.S. Reuters could not immediately reach her for comment.

"If she's cashing the check, I would think the reasonable conclusion is that they both will accept the trial court's decision, dismiss their appeals and put an end to the case," Oklahoma family law expert Carolyn Thompson told Reuters.

Tags
News, Divorce, Break up, Wealthy
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