Husband’s Company Remained Separate

By Deborah Elkins
Published: November 28, 2011

Tags: Domestic Relations, Judge Robert J. Humphreys, Virginia Court of Appeals

The Court of Appeals reverses and remands a divorce decree awarding wife a 40 percent interest in husband’s business; wife failed to prove any appreciation during marriage. Husband incorporated a building company in 1986 and married in 1993. Husband owned 100 percent of the stock at all times. At the equitable distribution hearing, ...

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