Channing Tatum and Jenna Dewan's Legal Battle Over 'Magic Mike' Finances

Channing Tatum and Jenna Dewan Will Testify in Divorce Settlement Trial 6 Years After Their Split

Channing Tatum, Jenna Dewan Emma McIntyre;Dimitrios Kambouris/for NYFW: The Shows/Getty Images(2)

Channing Tatum and Jenna Dewan, who split up six years ago, are heading to court to finalize their divorce settlement.

Dewan, aged 43, filed court documents on Wednesday, April 10, which included a list of witnesses to talk about all aspects of their marriage, such as business and financial matters. Tatum, aged 42, wants Dewan and her fiancé, Steve Kazee, to testify about their living situation, shared expenses, and other relevant topics.

A hearing is set for Friday, April 12, in the trial to discuss the division of property, reimbursement claims, support, breach of fiduciary duty, and attorneys' fees.

Dewan brought up the Magic Mike intellectual property during the trial, which is a franchise that Tatum has been a part of since 2012. She stated that they both obtained it together and she emphasized the importance of resolving the division of this intellectual property first as it will affect the outcome of the other financial matters in this case.

Dewan claimed in the paperwork that Tatum did not agree to share the Magic Mike intellectual property equally. However, Tatum denied these claims in his own legal filing.

According to the documents, Tatum argued that he has been working hard to improve the Magic Mike intellectual property and related entities since their separation. He believes that this entitles him to a separate property interest. The court will have to determine how to divide the community interest and Tatum's separate property interest in the intellectual property and related entities, taking into account his efforts post-separation.

Dewan submitted a list of exhibits for the trial, including joint income tax returns, information on the Tatum Family Irrevocable Trust, and the Magic Mike enterprise. Bank and credit card statements of the pair are also included in her exhibit list.

The Blast reported that Tatum asked for spousal support for Dewan to be ended. Dewan did not ask for temporary spousal support before.

Tatum and Dewan first met in 2006 on the set of Step Up and began dating. They got married in 2009 and later had a daughter named Everly. However, after almost ten years of marriage, they announced their separation in 2018. Dewan filed for divorce six months later, and by 2019, they were officially single.

Following their breakup, Dewan found love with Kazee. The couple got engaged in 2020 and welcomed their son, Callum, in the same year. Dewan is currently expecting their second child. Meanwhile, Tatum has moved on and is engaged to Zoë Kravitz.

Tatum opened up about his divorce during an interview with Vanity Fair in January 2023. He mentioned that despite realizing they had grown apart, they continued to hold onto a story they created when they were younger. As parents, the differences between them became more apparent in their parenting styles and outlook on life.

The actor shared that transitioning to single life was initially scary and terrifying for him. He described how the plans he had made just slipped away like sand through his fingers, leaving him feeling lost and unsure of what to do next.

Tatum believed that the breakup was exactly what he needed at that time. He expressed that he might not have taken the time to work on himself if it weren't for the breakup. Tatum shared that he began by focusing solely on his daughter, which turned out to be the best decision he ever made. Spending quality time with her allowed them to become best friends.

Editor's P/S:

The impending finalization of Channing Tatum and Jenna Dewan's divorce settlement highlights the complexities and challenges of disentangling a marriage. The inclusion of witnesses to address business and financial matters underscores the need for thoroughness and transparency in dividing assets and liabilities. The dispute over the Magic Mike intellectual property, which Tatum has been instrumental in developing since their separation, raises questions about the division of labor and the role of post-separation efforts in determining property interests.

Beyond the legal proceedings, the article provides a glimpse into the personal journeys of Tatum and Dewan post-divorce. Tatum's reflections on the loss of their "story" and his subsequent self-discovery emphasize the emotional toll of separation and the potential for growth and transformation. Dewan's current pregnancy and her engagement to Steve Kazee suggest that both parties have found happiness and fulfillment in their new relationships. The article serves as a reminder that divorce can be a difficult but ultimately transformative experience, allowing individuals to redefine their lives and forge new paths for the future.