Ken Griffin says prenup is ‘valid, binding, enforceable’

Anne and Ken Griffin Photo, premarital agreementCitadel LLC CEO Ken Griffin and his wife, Anne Dias Griffin, who have been separated more than a year, signed a prenuptial agreement a day before their 2003 wedding that Mr. Griffin’s attorneys say is “valid, binding and enforceable” as their client proceeds with divorce.

The Chicago businessman also seeks joint custody of the couple’s three children.

The prenup “governs all issues resulting from the parties’ marriage, including, but not limited to, maintenance and the division of marital and non-marital property,” the four-page filing states. “Prior to the premarital agreement being executed, both parties were represented by counsel, entered into the premarital agreement freely and voluntarily, and each party made a full disclosure of their assets and liabilities. The premarital agreement is valid, binding and enforceable upon the parties in every respect.”

Spokeswomen for Ms. Griffin and Mr. Griffin declined to comment.

The billionaire businessman filed for divorce yesterday in Cook County Circuit Court. The filing stated that “irreconcilable differences have caused the irretrievable breakdown of their marriage. Any attempt at reconciliation would be impracticable and not in the best interests of the family.”

The Griffins — he’s 45 and she’s 43 — own two condominiums in the Park Tower on Michigan Avenue.

Ms. Griffin lives in the penthouse on the 67th floor, and Mr. Griffin recently purchased the 66th-floor condo.

The couple have three children ages 6, 3 and 2, the court documents say.

“As such, Kenneth believes that it is in the minor children’s best interests that the parties be awarded their joint custody,” state the papers filed by the Chicago law firm Berger Schatz. “Anne has acknowledged Kenneth’s compliance with the premarital agreement and has accepted the benefits of Kenneth’s compliance with the premarital agreement.”

Though Ms. Griffin has been primary caregiver of their children, she also is a businesswoman. She is the founding partner of Aragon Global Management LLC, which she founded in 2001 with seed capital from legendary investor Julian Robertson.

The couple signed a premarital agreement July 18, 2003, a day before their wedding, according to Mr. Griffin’s filings. He filed for divorce four days after their 11th anniversary.

Source: www.ChicagoBusiness.com by Shia Kapos. Follow Shia on Twitter at @ShiaKapos. http://www.chicagobusiness.com/article/20140724/BLOGS03/140729871#comments

Patricia Annino is a sought after speaker and nationally recognized authority on women and estate planning. She educates and empowers women to value themselves and their contributions in order to ACCOMPLISH GREAT THINGS in the world – and in so doing PROTECT THEMSELVES, those they love, and the organizations they care about. Annino recently released her new book, “It’s More Than Money, Protect Your Legacy” available at Amazon.com. To download Annino’s FREE eBook, Estate Planning 101 visit, http://www.patriciaannino.com.

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