Sylvester Stallone and Jennifer Flavin Agree to Dissolve Marriage in Friendly Manner – Sylvester Stallone and Jennifer Flavin have agreed to end their marriage peacefully. According to court documents obtained by ET on Thursday, both parties decided to keep their divorce amicable in the interest of their family’s well-being.
“The parties agree that it is in the best interests of each of them individually, and more importantly collectively as a family, to resolve all issues attendant to the dissolution of their marriage in a dignified, amicable, and private manner out-of-court,” the document shared.
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In August, it was confirmed that Flavin had filed for divorce in Florida. “Upon information and belief, the Husband has engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate,” the divorce docs read.
“Pursuant to Section 61.075, Florida Statues, equity dictates that the Wife be compensated and made whole by receiving an unequal distribution of the marital assets in her favor. Moreover, the Husband should be enjoined from, selling, transferring, assigning, encumbering, or dissipating any assets during the pendency of proceedings.”
Flavin asked at the time that she be allowed to stay in their Palm Beach, Florida home and that Stallone not move anything from their marital assets. However, Stallone responded to the news in a statement, saying, “I love my family. We are amicably and privately addressing these personal issues.”
The following day, Stallone responded to Flavin’s divorce proceedings, saying that he “has not engaged in any conduct which constitutes intentional dissipation, depletion and/or waste of marital assets.” He went on to deny her requests for exclusive occupancy of their home and the option to join any of his future business entities or corporations.
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Stallone, on the other hand, agreed to several of Flavin’s other requests, including her desire to reclaim her maiden name and an equitable distribution of their joint assets and liabilities. Stallone has covered up two tattoos he had done in honor of Flavin during their split.
