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Found again, divorcee's red pants (12)

Ross

I believe the answer is:

rediscovered

'found again' is the definition.
('discovered' can be a synonym for 'found' so perhaps 'rediscovered' is OK for 'found again')

'divorcee's red pants' is the wordplay.
'pants' is an anagram indicator (UK informal term for 'nonsense' or 'rubbish').
'divorcees'+'red'='divorceesred'
'divorceesred' anagrammed gives 'REDISCOVERED'.

(Another definition for rediscovered that I've seen is " Again found".)

I've seen this clue in The Times.
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