Michael Douglas' Ex-wife Diandra Loses Bid for 'Wall Street 2' Earnings

Family Life
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Douglas and ex-wife Diandra Douglas at son Cameron's trial this year.

The actor says the split was finalized before contractual discussions for the sequel began.

A New York court has denied the ex-wife of Michael Douglas a second attempt to receive a half of the Oscar-winner’s earnings from Wall Street 2: Money Never Sleeps.

Justice Mathew Cooper ruled this week that Diandra Douglas would need to sue in California court, where the couple’s divorce was filed, reports The New York Post. The judge reiterated his original ruling from last year, which Diandra Douglas’ lawyers asked him to overturn.

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Lawyers for Michael Douglas said they hoped this ruling would put the issue rest, while lawyers for his ex-wife said they would appeal. Michael Douglas insisted the couple's divorce was finalized before discussions for last year's Wall Street sequel began.

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Diandra and Michael Douglas met at an inauguration party for President Jimmy Carter in 1977, and were married six weeks later. The former Mrs. Douglas filed for divorce in 1997, and it was finalized in 2000. She received an estimated $45 million settlement, in addition to houses in Beverly Hills and Majorca.