Chief Executive of Credit Suisse Gets Penalized $750,000

Could missing a divorce settlement payment by 12 days really be that detrimental? Mr. Dougan, chief executive of Credit Suisse found out the answer to this question the hard way by owing his ex-wife more than $750,000 in interest. This amount represented half of the settlement from their divorce.

The courts obviously had little sympathy for Mr. Dougan, whom it called “a highly educated and financially sophisticated party.” If you have questions regarding a delayed payment from your former spouse, call our office today for a free consultation: (866) 830-2064.

To read more about Mr. Dougan’s penalty, check out: NYDN