Some New Yorkers going through a divorce may have fantasies about standing up in a courtroom and making their case to a judge. But the truth is that most divorces are settled out of court through negotiation between the two parties. Once they have reached an agreement, they take their settlement to a court to have it made official.
Recently, the billionaire media mogul Rupert Murdoch and his estranged wife Wendi Deng appeared in court to announce that they had reached an agreement on their divorce settlement. Murdoch filed for divorce in June after 14 years of marriage.