Jim and Dawn Gibbons divorce drags on

The divorce of Governor Jim Gibbons and his wife Dawn to end their 21 year marriage is scheduled for a settlement hearing Oct. 14. If it isn’t settled then the possibility of a five-day trial in November or December has been discussed.

They continue to argue over such things as paying for vet bills and their adult son’s $3,700 class ring, legal fees are piling up and the potential for a high-profile trial threatens to derail the modest progress Jim Gibbons has made to rehabilitate his image with voters.

Dawn Gibbons accused her husband of hiding assets, spending community assets on extramarital activities, using campaign funds for personal expenses, stonewalling requests for documents and failing to help pay veterinary bills.

Both are incurring substantial legal fees in the divorce and have few assets. As of August, Dawn Gibbons owed $107,830 to her lawyer. Jim Gibbons had paid $17,000 to his and was “substantially in arrears,” according to court documents.

Dawn’s only income, $20,904, came from alimony. Gibbons grosses about $5,400 every two weeks from his governor’s salary and also makes money from various pensions.

Together they have $2.3 million in total assets and $313,000 in liabilities, according to court records. The majority of their money, however, is tied up in property. Their Reno home is on the market for $1.1 million, and they own a parcel of land in Lamoille Canyon in Elko County appraised at $575,000. Dawn wants to put the Lamoille property on the market, while Jim Gibbons is resisting.

{Source: Reno Gazette Journal]

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