Covid-19 Update:

The Law Office of Andrew A. Bestafka, Esq. is taking a safe but proactive approach to the Coronavirus situation in our law practice. We are working every day to represent our clients. We are offering frontline healthcare workers at CentraState free Simple Wills. To read more please Click Here

The days ahead may be a challenge. But we will continue to work to take care of our client’s cases and to take on new matters and clients. We will simply manage your case in less traditional, more technology-driven ways, that are safer for your health and ours.

Please stay healthy and contact us if you have any questions or concerns regarding your case or a new matter for us to consider.

Andrew Bestafka, Monmouth County Divorce Lawyer

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Divorce, Custody & Family Law

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Divorce fraud claims against billionaire Cohen resume

The 2nd U.S. Circuit Court of Appeals reversed a Manhattan district court judge’s 2011 decision that dismissed a lawsuit filed against a Wall Street multi-billionaire by his ex-wife.

The long running legal battle began in a 1990 divorce proceeding when Patricia Cohen accused then husband Steven A. Cohen of hiding his assets while formalizing a property division agreement. She claims he lied about losing his entire $9 million investment in co-op apartments.

The appeals court decision relied heavily on the evidence Patricia submitted regarding her discovery of a court file in 2008 revealing a $5.5 million dispute settlement paid to Cohen. Patricia’s 2009 fraud-based claims also involved allegations of Cohen’s 1985 $20 million insider trading profit from a tip given by fellow Wharton School graduates of the University of Pennsylvania.

Defense lawyers argued that Patricia was merely harassing Cohen and trying to gain media attention at the expense of her ex-husband.

Formalizing property division in divorce court proceedings can be tedious and complicated. To get the support and guidance you need, speak with the legal team at the Law Office of Andrew A. Bestafka, Esq., by calling (732) 898-2378 today.