Judge gives McCourts Friday morning settlement deadline
Gordon initially declared an impasse late Thursday afternoon, when the attorney for Frank McCourt said his client had agreed to a deal and the attorney for Jamie McCourt said there was no deal.
After a brief meeting with the attorneys for both sides, Gordon agreed to withhold the declaration of impasse until 8:30 a.m. Friday, giving the parties one last chance to settle overnight.
"I think we are close," said Dennis Wasser, the attorney for Jamie. "Hopefully, we can get it done tonight."
-- Bill Shaikin at Los Angeles Superior Court
Photo: Jamie and Frank McCourt in 2006. Credit: Spencer Weiner / Los Angeles Times