Michael Douglas has refused his ex-wife's offer to postpone their ongoing court caseThe dispute centers on language in a decades-old divorce agreement that gives Diandra a cut of profits from "spinoffs" of films created when the two were married. She says this entitles her to money from the actor's recent work on "Wall Street: Money Never Sleeps," which his side claims isn't a "spinoff" but rather a "sequel."
The dispute centers on language in a decades-old divorce agreement that gives Diandra a cut of profits from "spinoffs" of films created when the two were married. She says this entitles her to money from the actor's recent work on "Wall Street: Money Never Sleeps," which his side claims isn't a "spinoff" but rather a "sequel."
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After the couple divorced in 2000, they agreed a settlement which allowed Diandra to receive a share of the money he made from his movies while they were together - so far earning her $6.3 million - but she claims that she should receive money from 'Wall Street: Money Never Sleeps' as it revives the character Gordon Gecko, who Michael played in 1987.
Diandra's lawyer Nancy Cemtob said: "My client is not greedy. The exact opposite is true. Mr. Douglas is seeking to shirk his financial responsibility that was entered into when he signed this contract."
Michael - who now has two children with his wife, Welsh actress Catherine Zeta-Jones - is now set to undergo eight weeks of chemotherapy and radiotherapy treatment for a tumour on his throa
