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-Short Attention Span Theater-
U.S. court reverses $88.5 million award to Anna Nicole Smith
2004-12-31
A federal appeals court Thursday threw out a judge's ruling that awarded $88.5 million US to former Playboy model Anna Nicole Smith from the estate of her late husband, an oil tycoon who died at age 90 just over a year after they wed.

The 9th U.S. Circuit Court of Appeals ruled a Texas probate court's decision that the oilman's son was his sole heir should stand. The appeals court said the federal judge in California who ruled in Smith's favour in 2002 should never have even heard the case. The decision comes after years of wrangling in three courts over the fortune of Howard Marshall.

Smith met him in 1991 when she was working as a stripper. The couple married three years later when she was 26 and he was 89.

"After nine years of litigation, I'm very pleased by the judgment issued by the 9th Circuit upholding my father's wishes regarding disposition of his assets," Pierce Marshall said in a statement.

Smith has not received any of her late husband's estate. The $88.5 million was put on hold during the appeals process.

Her lawyer, Howard Stern, said the TV reality show star would ask the full appeals court to rehear the case, and would appeal to the Supreme Court if necessary.

"The 9th Circuit Court has, on a legal technicality, reversed the judgments of two federal courts that found massive fraud and other wrongdoing by Pierce Marshall by which he deprived (Smith) of the property that her husband intended her to have," Stern said.

A federal court ruled in 2002 that Smith - whose real name is Vickie Lynn Marshall - was entitled to compensatory and punitive damages because the younger Marshall altered, destroyed and falsified documents to try to keep her from receiving money from his father's estate.

Thursday's ruling reverted to the findings of a Houston probate judge, who had ruled the son is the sole heir - and does not owe Smith anything.

Smith filed for bankruptcy in 1996. As part of its ruling, the 9th Circuit said the bankruptcy court should now hear testimony on other charges she made that the court had disregarded.

Included among those was that the younger Marshall exercised undue influence on his father in making his will.
Posted by:tipper

#7  Re: Stern - Did you know he is an artiste, as well? 'Tis true.
Posted by: .com   2004-12-31 7:36:58 PM  

#6  Ouch! I know she's a big spender too...tsk tsk
Posted by: Whutch Glesh6919   2004-12-31 7:18:34 PM  

#5  My 2005 prediction: Ann Nicole goes on an eating spree, balloons to over 300 lbs by April.
Posted by: Capt America   2004-12-31 3:15:31 PM  

#4  Well, I've always found a large, bulging wallet to be extremely sexy.
Posted by: Liz Taylor   2004-12-31 11:05:39 AM  

#3  Rich old guys with bad hearts are just sooooooooo hot!
Posted by: Anna Nicole   2004-12-31 11:03:44 AM  

#2  >Her lawyer, Howard Stern,<

A radio show, books, movie and now a legal career. Is there no end to the amazing talents of Howard Stern?
Posted by: davemac   2004-12-31 10:22:19 AM  

#1  My indifference meter reads "off scale--high."
Posted by: Mike   2004-12-31 8:24:11 AM  

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