McCourts' divorce finalized

Frank and Jamie were on hand this morning to complete what's believed to be the most expensive divorce in California history ($20 million in legal bills). As part of the settlement, which had been agreed upon in October, Frank is required to pay his ex-wife $131 million by April 30. From the LAT's Bill Shaikin:

On Thursday morning, as Frank McCourt sat on the bench outside [Judge Scott] Gordon's courtroom and Jamie McCourt sat on another bench down the hall, attorneys shuttled from one McCourt to the other to review the document. Gordon then held a three-minute hearing in which both of the McCourts testified they had read the agreement, consulted with their attorneys about it, freely consented to it and wished to sign it. Gordon then ratified the agreement. "Thank you, folks," Gordon said. "Good luck to you."