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Sylvester Stallone denies wrongdoing over marital property with estranged wife Jennifer Flavin

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Sylvester Stallone denies trying to "ruin" joint marital property. The 'Rambo' actor formally responds to Jennifer Flavin's divorce petition.

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and dismissed his allegation that he had "involved in the willful dissipation, reduction and/or destruction of marital property which has an adverse pecuniary effect on the marital property".

In court documents, the 76-year-old actor's legal team insisted that he had "not engaged" in such behavior, while also opposing his estranged wife's request for "exclusive" use. His Palm Beach home.

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Jennifer pleaded with the court how "each party's conduct" could affect legal sentiment and how it could potentially affect the divorce process for "mutual cooperation" to reduce the bills.

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Her court documents read: "On information and belief, the husband has knowingly indulged in extravagance, scarcity and/or destruction of marital property, which has an adverse pecuniary effect on marital property.

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According to Section 61.075, Florida Statues, Equity directs that the wife be compensated and made whole by receiving an unequal distribution of marital property in her favor.

Further, the husband must be ordered to sell, sell, transfer, assign, encumbrance or destroy any property pending the proceedings."

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In his response, Sylvester highlighted that the 54-year-old model had "hired a lawyer to represent her and agreed to pay her legal fees".

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