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Sylvester Stallone Denies "Intentional Dissipation" of Marital Assets in Divorce | PEOPLE

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Sylvester Stallone has responded to Jennifer Flavin's divorce filing.

In Palm Beach County, Florida, court documents seen by PEOPLE on Monday, Stallone, 76, denied Flavin's allegations that he "engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate."

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Sylvester Stallone Denies "Intentional Dissipation" of Marital Assets in Divorce | PEOPLE
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