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: Florida Divorce - Child Custody - Domestic Abuse Law

Divorce Trial Court Orders Wealthy Wife to Cover Husband?s Real Estate Investment Losses With Her Half Share of the Marital Estate

By Janet Langjahr

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Wealthy Wife and Husband divorce in UK in 2007.

Marital assets are divided equally.

The trial court also orders Wife to compensate Husband from her share of the marital estate for some real estate losses he suffered. This is in addition to his receipt of half of the marital assets.

Wife appeals that ruling, arguing that Husband may recover his losses in the future.

Court excludes evidence that those property values have already rebounded to a degree.

Wife proposes that the properties be sold within five years, with the profits or losses being shared equally.

Husband and Wife await the British appellate court’s ruling.

Read more in this UK Telegraph article: Frisbee heiress launches bid to overturn ‘monstrously unfair’ divorce settlement.

Full post as published by Florida Divorce - Child Custody - Domestic Abuse Law on January 25, 2010 (boomark / email).

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