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."