Los Angeles, California – Channing Tatum and Jenna Dewan have found themselves in a prolonged legal dispute, more than six years after publicly announcing their separation. The former couple has been at odds over a financial settlement involving profits from Tatum’s successful Magic Mike franchise. Court documents obtained by sources indicate that the couple is preparing for a trial to address various issues such as division of property, reimbursement claims, support, breach of fiduciary duty, and attorneys’ fees.
According to a representative for Dewan, she is seeking a fair resolution of community assets under California State Law and hopes to close this chapter of her life as soon as possible. Despite efforts to settle over the past five years, the couple has been unable to reach a mutually agreeable resolution.
While Dewan has since moved on and is now engaged to Steve Kazee, she is seeking to finalize her divorce with Tatum before moving forward with her new life. The primary point of contention between the former couple lies in the division of profits from the Magic Mike intellectual property. Dewan claims that Tatum has withheld an equal share of the franchise’s earnings, which were developed during their marriage with joint finances and efforts.
Tatum, on the other hand, asserts that he has contributed extensively to the enhancement of the Magic Mike franchise post-separation, entitling him to a separate property interest. Legal documents filed by his attorney highlight his efforts to further the intellectual property associated with the movies. Both Dewan and Tatum have included each other on their witness lists, along with their respective business partners.
The unresolved dispute over Magic Mike profits has become a central issue in the former couple’s legal battle, with Dewan insisting on addressing this matter before settling other issues. Tatum’s legal team maintains that the actor has exhausted all efforts to reach a settlement out of court. Despite being legally declared single by a judge in 2019, the couple continues to navigate the complexities of their divorce proceedings.
The ongoing legal saga between Channing Tatum and Jenna Dewan sheds light on the challenges of dividing assets in high-profile celebrity divorces. As they strive to reach a fair resolution, both parties are presented with the difficult task of separating their personal lives from their professional endeavors. Ultimately, the outcome of their legal battle will determine the next chapter in their individual journeys.