Michael Douglas's first wife looking for a piece of the action from Wall Street II .

Michael Douglas is about to reprise his role as Gordon Gecko - the 80's "greed is good" wall street investment shark in the sequel Wall Street: Money Never Sleeps. However, his first wife may be taking that message to heart. Recently, Diandra Douglas filed papers seeking fifty-percent of his earnings for the new Wall Street sequel. Apparently, in their original settlement agreement, the ex-Mrs. Douglas is entitled 50 percent of any earnings Michael receives from any movies he did -- including residuals, merchandizing and ancillary rights -- during their 23-year marriage. Diandra Douglas is attempting to stretch the meaning of "movies he did" to include the new Wall Street movie as a "spinoff".

Michael Douglas's attorneys have filed a Motion to Dismiss and the case is currently in the New York Supreme Court before the Honorable Justice Matthew F. Cooper.

More details to follow as this case moves forward.

For further information or to inquire about your post-Judgment of Divorce matter, contact The Kepanis Law Firm today.