Judge Throws Out Prenup in Landmark Case

by Admin on March 14, 2013

A Long Island judge is throwing out a prenuptial agreement between a couple, on the grounds that the woman was coerced into signing it four days before their wedding.

Elizabeth Cioffi-Petrakis, 37, said her husband threatened to cancel their luxury wedding if she didn’t sign the document. He promised to destroy the agreement after the couple had children, and put their home under both of their names. The prenuptial agreement stipulated that her husband, Peter Petrakis, would keep everything if the couple split.

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Last month, a Brooklyn Appellate Court panel upheld a ruling that Peter Petrakis “fraudulently induced” his wife to sign and that his “credibility was suspect,” reports the Daily Mail.

The plaintiff’s lawyer said that the court’s decision “‘is unprecedented, vacating a pre-nup on the basis of a verbal promise,’ even though a clause in the contract says there were no verbal promises.”

The decision will set a landmark precedent for prenuptial agreements that some believe are unreasonable.

 

Related texts: Prenuptial Agreements: US Law, Thailand Law and EU Law Compared

Thailand Prenuptial Code

International Prenuptial Agreements Part I

Related articles: Former Olympian Suing Over Botched Prenup

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