Angelina Jolie Cleared to Sell Share of Her and Brad Pitt's Wine Label, Valued at $164 Million
Brad Pitt and Angelina Jolie's most recent legal battle - over the former couple's $ 164 million French estate, Chateau Miraval - has been resolved.
According to new court documents PEOPLE received, Jolie, 46, was allowed to sell her shares in the winery and estate where she married Pitt back in 2014 to a third party.
Jolie previously had problems selling her stake in Quimicum, the company that owns and controls Chateau Miraval, because of the ongoing divorce from her and Pitt. In July, she applied to a California court to authorize the sale, even though the divorce proceedings were still resolved, according to court documents received from PEOPLE.
But Pitt's company Mondo Bongo has also separately filed a lawsuit against Jolie's company Nouvel regarding the property to keep a majority stake in it.
MICHEL GANGNE / AFP via Getty Images Chateau Miraval
RELATED: Angelina Jolie Says The decision to divorce Brad Pitt was a decision she didn't make "lightly"
When the two actors first bought their shares in Quimicum in 2008, their respective companies split ownership 60:40, with Mondo Bongo holding the majority. In 2013, the split was evened out to 50:50 when Mondo Bongo transferred some shares to Nouvel, according to PEOPLE's lawsuit.
According to the documents, Pitt, 57, Jolie sold the shares back in 2013 at a symbolic price of € 1 below the true value of their stake, and is now arguing that the transfer should be annulled.
Don't miss a single story - sign up for PEOPLE's free daily newsletter to stay up to date on the best of PEOPLE, from exciting celebrity news to compelling stories of human interest.
Jolie filed for divorce from Pitt in 2016. Since then, they have been involved in a custody battle for the children Maddox (20), Pax (17), Zahara (16), Shiloh (15) and the twins Vivienne and Knox (13).
angelina jolie and brad pitt
Amy Sussman / WireImage; Steve Granitz / WireImage Angelina Jolie (L); Brad Pitt
RELATED: Angelina Jolie Says She "Fought" With Brad Pitt Over Harvey Weinstein: "Of course it hurt"
The last update in the case was earlier this month when attorneys representing Pitt filed a motion with the California Supreme Court to review his ongoing custody case.
The motion came after Judge John Ouderkirk was dismissed from the case in a statement filed by three appellate judges, effectively overturning an earlier decision that allowed Pitt more time with him and Jolie's five minor children.
In this article:
You should check here to buy the best price guaranteed products.
Game Recap: Nuggets 110, Suns 98
Nikola Jokic with a buzzer beater vs the Phoenix Suns
Futures Consolidate as Rally Cools Down
The PL Fest shows 'growth' of soccer in the U.S.
Sierra Vista Resources MD Pat Markey on Energy Crisis
HSBC Private Banking & Wealth Mgmt. James Cheo on Markets Strategy