Larry & Shawn King

February 4, 2012 by staff 

Larry & Shawn King, Larry King and wife Shawn King have not withdrawn their divorce petitions … and we’re told the tipping point is money.

People familiar with the situation tell us nothing is going to happen while Shawn recovers from what may have been a suicide attempt. But before that crisis, we’re told one of Larry’s lawyers presented a proposal to Shawn’s lawyer to undo an agreement he signed several years ago … in which he signed over all 3 of their houses to her.

Larry signed the document after Shawn accused him of sleeping with her sister.

And, we’re told, one of Larry’s lawyers — not Dennis Wasser — submitted a proposal for a new division of property that did not sit well with Shawn.

As one source says, “It will come down to striking a deal on the money issues.”

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