Settlements and Verdicts

David Hasselhoff Divorce

Los Angeles, CA: (Apr-17-08) Baywatch celebrity David Hasselhoff and his wife of 16 years Pamela Bach have been locked in divorce proceedings over the last few months. Sources close to the couple revealed that the two have reached a settlement agreement, in which the former Baywatch star will pay $25,000 a month to support his ex-wife and children. The couple has two daughters, 17-year-old Taylor and 15-year-old Hayley. Hasselhoff and Bach have joint custody of the children.

Apart from the payout, the two decided to joint ownership of their San Fernando Valley home, and a division of the family's cars, bank accounts and Hasselhoff's pensions from acting and directing guilds. Court papers reveal that Bach and Hasselhoff divorced in 2006 after more than 16 years of marriage. [YAHOO NEWS: HASSELHOFF TO PAY $25,000 A MONTH TO EX-WIFE, DAUGHTERS]

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