In her divorce petition, Jennifer Flavin claimed that Sylvester Stallone had dissipated and wasted their marital assets.
She also requested that the court grant “unequal distribution of the marital assets in her favor.”
The actor’s legal team denied the allegations, stating that Stallone never engaged in the behavior.
Stallone’s team also denied Flavin’s request for exclusive access to their Palm Beach home.
They didn’t oppose Flavin’s request to restore her maiden name and agreed that the marriage was “irretrievably broken.”
Stallone recently denied rumors that their marriage ended over an argument over a dog.
He said their disagreements stemmed from their bicoastal living arrangement and his frequent traveling.
In separate statements, Stallone and Flavin reiterated that they still care for each other and their daughters.
They also asked for privacy as they go through the divorce proceedings and try to move on.