Contentious Divorce for Founder of Cancer Treatment Centers of America

Richard Stephenson, the founder of Cancer Treatment Centers of America, has been embroiled in a contentious divorce from his longtime wife Alicia Stephenson. The case is generating national headlines.

Alicia Stephenson is reportedly requesting $400,000 per month in alimony, as well as an equitable distribution of the couple’s assets and property.

Richard and Alicia Stephenson got married in 1991. The couple legally separated in 2007, with Alicia eventually filing for divorce in 2009. Since that time, Richard and Alicia Stephenson have attempted to work out a divorce settlement. However, with neither spouse agreeing to the other’s terms, the case has now gone to trial.

During the recent divorce trial in an Illinois court, Richard Stephenson’s attorney argued that Alicia should not expect payment of much money because she “went along for the ride, and that ride ended.”

Meanwhile, Alicia Stephenson’s divorce attorney said that she played a vital role in Richard building his net worth from “mere millions of dollars” to billions of dollars – so she ought to receive an appropriate amount of alimony. It has been claimed that Alicia Stephenson helped Richard run companies and assisted him by sitting on several boards.

Additionally, since Alicia Stephenson maintained a certain lifestyle while married to Richard, argued her attorney, she has every right to expect to maintain that lifestyle after the divorce.

One major sticking point in the divorce case has been a prenuptial agreement. According to Richard Stephenson’s lawyers, Alicia signed a prenup that called for her to receive just $5,000 per month in maintenance in the event of a divorce.

The couple has one daughter together, so issues of child custody and child support have also come up during the drawn-out divorce proceedings.

For more information about this contentious divorce case, read the Chicago Tribune article, “Cancer Center Founder’s Ex-Wife Seek $400K/Month as Divorce Trial Opens.”

If you are considering filing for divorce in New Jersey, or if you have already started the divorce process, it is important for you to talk to a qualified NJ family law and divorce attorney. The experienced divorce lawyers at Davis & Mendelson can help you explore all of your legal options. Contact us today to schedule a free initial consultation.