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Is the Hulk Hogan divorce a legal maneuver?

Posted on November 27th, 2007 by Hot Momma

Is the pending divorce between Terry Bollea aka Hulk Hogan and Linda Bollea in reality a strategic legal move?  Kimberley Kohn, a Tampa attorney who represents Ed Graziano, the father of injured passenger John Graziano thinks so. The divorce petition seeks a split of the couple’s assets, including a Belleair mansion and Clearwater Beach home with combined assessed values topping $7.9-million.  Kohn said Monday a divorce could be one step the Bolleas could take to try to protect assets. That’s because it could cut Terry Bollea’s assets in half, she said.

Police say Nick Bollea, 17, had consumed alcohol and was speeding in a yellow Toyota Supra moments before crashing into a palm tree on Aug. 26. They say he was racing a friend who drove the Bollea family’s Dodge Viper. In 911 calls released Monday, witnesses told dispatchers the two cars were racing.

Graziano, 22, suffered serious head injuries in the wreck and could require a lifetime of nursing home care, medical professionals have said.

Nick Bollea faces a felony charge of reckless driving with serious bodily injury, and attorneys for John Graziano’s estranged parents have said they intend to file a lawsuit as a result of the crash.

But if the Supra and the Viper are not registered to both parents, it could be harder to go after Mrs. Bollea individually, Kohn said. The mother’s degree of control over who used the vehicles would have to be determined.  Hence the lawyer’s suspicion of why they might divorce to protect at least half their assets.

This is all speculation on the lawyers part though and no civil suit has been filed yet.  Generally, the rule of thumb is to wait six months after a crash to see if the injured person has reached maximum medical improvement, Kohn said. Then a life planner will determine the cost of the person’s future needs.



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