Jennifer Lopez and Ben Affleck's divorce proceedings have taken a messy and complicated turn as details emerge about the assets involved. According to TMZ, one significant asset up for division is Ben Affleck's highly successful production company, Artists Equity (AE), which he co-owns with his close friend, Matt Damon. This development could potentially involve Damon in the divorce proceedings, given his major stake in the company.

The formation of Artists Equity took place in November 2022, a mere four months after Jennifer Lopez and Ben Affleck tied the knot. As per community property laws, it appears that Ben's stake in the company would be considered jointly owned by both individuals. Consequently, Lopez would be entitled to a share of the profits generated by AE's recent and upcoming hit movies, including "Air," "Unstoppable," "The Instigators," "Small Things Like These," and "The Accountant 2."

Similarly, Lopez's own major projects, such as "Atlas," "This Is Me... Now," "The Mother," "Shotgun Wedding," and "Marry Me," would also carry a financial interest for Ben Affleck. This further complicates the divorce proceedings, potentially entangling the distribution of the earnings from these ventures between the two parties.

TMZ, the first to break the news of the divorce filing by Jennifer Lopez last week, reports that settlement discussions have been ongoing for months. However, these talks have reportedly become increasingly contentious and strained, with periods of no communication between the estranged couple.

It is worth noting that this is Jennifer Lopez's fourth marriage, while it marks Ben Affleck's second. Neither of them has children together, but both have children from previous spouses. The complexities arising from the division of their assets, including Artists Equity, add an additional layer of complexity to their separation.

As the divorce proceedings continue, it remains to be seen how Jennifer Lopez and Ben Affleck will navigate the financial aspects, including their shared interests in their respective projects and Artists Equity. Further developments in this high-profile and complicated divorce are awaited.