High-Profile Divorce Reaches 7th Day

George David, the former chief executive at United Technologies Corporation (UTC), reportedly took the stand on Monday as he and his estranged wife Marie Douglas-David, attempted to divide their assets in a divorce.

The pair reportedly signed a postnuptial agreement in 2005 which has been said to be valued at approximately $43 million and includes UTC stock.

George David currently has estimated assets of $329 million. His wife is allegedly seeking $99 million of those assets. According to Douglas David's attorney William Beslow, she was coerced into signing the postnuptial agreement.

Court records show the estranged wife is seeking to cover her weekly living expenses of $53,000.

The Associated Press reported that part of the court proceedings on Monday focused on an argument the couple had on a beach in Maine three years ago.

George David reportedly said his wife was "angry, demanding and imperious" and was pressuring him to give her one of the couple's multimillion dollar homes located in New York City, the Hamptons and Sweden.

However, Beslow said a week after that argument, David had written to his wife that he would "promise" her one of the properties.