- Sylvester Stallone denied hiding marital assets in his divorce proceedings from his wife.
- He also denied Jennifer Flavin exclusive use of their Florida home.
Sylvester Stallone denied hiding marital assets in his divorce proceedings from his wife of 25 years, Jennifer Flavin.
In court documents seen by Insider filed on August 29 in Palm Beach County, Florida circuit court, Flavin alleged Stallone "engaged in the intention dissipation, depletion, and/or waste of marital assets which had an adverse economic impact on the marital estate."
In response, Stallone denied the claims, stating in court documents that he has "not engaged in any conduct which constitutes intentional dissipation, depletion and/or waste of marital assets."
Flavin requested she be compensated in the divorce with "an unequal distribution of the marital assets in her favor."
Meanwhile, Stallone is refusing to vacate their joint family home in Palm Beach, Florida. The court documents request exclusive use of that home, which Stallone denied. The couple also owns a home in California.
Lawyers for Stallone did not immediately respond to Insider's request for comment.
Flavin, 54, and Stallone, 76, met in 1988, People reported. They dated for six years before Stallone ended the relationship. Flavin later learned from her agent that Stallone had been cheating on her, People reported that year.
In 1995, they reconciled and had their first child, Sophia Stallone, in 1996 before getting married in 1997. The couple share two other daughters: Sistine, 24, and Scarlet, 20.
In May, the couple celebrated their 25th wedding anniversary. In a post on Instagram, Stallone said there were "not enough words to describe what this incredibly selfless dedicated, patient, woman has meant to our lives," writing that he wished for "another 25" with her.