BY NIrali rathod

Sylvester Stallone Denies Hiding Any Money

Sylvester Stallone Denies Hiding Any Money

On August 19, the former model Jennifer Flavin filed papers to divorce the Rocky actor after...

Jennifer Flavin/Google

25 years of marriage, stating that their relationship is "irretrievably broken."

Jennifer Flavin claimed in her petition that Stallone had been concealing funds, stating that...

"The Husband has engaged in the intentional dissipation, depletion and waste of marital assets which has had an adverse economic impact on the marital estate."

Stallone's legal team responded to her petition in court filings filed in Palm Beach County, Florida, by...

claiming that he has "not engaged" in the activity of which he has been accused.

Furthermore, Stallone did not object to Flavin's request to "restore" her maiden name.

He did, however, object to Flavin's request for "exclusive usage" of their Palm Beach residence.