The recently introduced document, a trial exhibit marked 'confidential business information,' is a 122-page report compiled by Button, a PhD economist. Haralson released the report after determining it isn’t subject to the protective order he has placed in the case.
Button's report contends that up to $15 billion of the growth in Continental's market capitalization during the period he studied is 'active' marital capital, or subject to division between the spouses. Button crunched data from the years between the couple’s 1988 wedding and February 2017.
Since then, Continental's value has grown by nearly $4 billion more, adding to the wealth the court may divide, Button said in court earlier in August. About $2.6 billion of that appreciation would accrue to Harold through his 68 per cent stake in Continental.
All told, Button's analysis suggests that the marital capital subject to division could add up to some $17.6 billion.
If Judge Haralson accepts Button's reasoning and awards Sue Ann a significant share of the marital estate, the Hamm split could yield the largest divorce settlement ever. If Hamm has to sell Continental shares to finance a large settlement, his control of the company could be eroded.
Attorneys for Harold Hamm and for Continental didn't respond to questions from Reuters. Harold's witnesses will testify later in the trial, which began last week and is expected to end in October.
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