Diandra Douglas Won't Be Granted "Wall Street" Earnings

(Left to right) Shia LaBeouf, Michael Douglas, Carey Mulligan, and Josh Brolin attend the "Wall Street: Money Never Sleeps" premiere at the Ziegfeld Theatre on September 20, 2010 in New York City.
Andrew H. Walker/Getty Images

NEW YORK (AP) Michael Douglas' ex-wife has lost a bid to cash in on his earnings from his recent "Wall Street" follow-up, with a judge saying her case is too much of a Hollywood divorce to set a sequel in a New York court.

PICTURES: Michael Douglas

A Manhattan judge dismissed Diandra Douglas' lawsuit against the Academy Award-winning actor in a ruling made public Monday. The judge said the dispute doesn't belong in a New York court because the former couple's complex, multimillion-dollar divorce agreement was hashed out in Santa Barbara, Calif.

"After balancing all competing interests and factors, the California court is the more convenient forum for this matter to be tried," state Supreme Court Justice Matthew F. Cooper wrote.

Michael Douglas was "very happy" with the New York lawsuit ruling, his lawyer, Marilyn B. Chinitz, said Monday. While it stuck to the question of where the case belongs, not who should win, Chinitz said she was confident the actor would prevail if his ex pursues it further. The couple divorced in 2000 after 23 years together.

Diandra Douglas' lawyer said she plans to appeal. Both Douglases have homes in New York, and "the case should be decided here," said the lawyer, Nancy Chemtob.

Diandra Douglas' camp has said she should get half the actor's earnings from this year's "Wall Street: Money Never Sleeps" because their divorce deal gives her a share of proceeds from projects related to work he did when they were married, such as the original "Wall Street."

The former couple has a son, Cameron Douglas, who faced sentencing after pleading guilty to a federal drug charge for dealing methamphetamine from a trendy Manhattan hotel. Both parents were in court when Cameron Douglas, 31, was sentenced in April to five years in prison.

Michael Douglas, 66, revealed in August that he was fighting throat cancer and finished his treatments last month and is recuperating, according to his publicist, Allen Burry.


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