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Home / Opinion Digests / Family Law / CAV: Husband’s unilateral sale was marital waste (access required)

CAV: Husband’s unilateral sale was marital waste (access required)

Despite the divorcing parties’ substantial marital debt, Husband’s decision to sell their assets for less than their value – without obtaining wife’s approval – was contrary to an existing court order and constituted waste of marital assets for equitable distribution purposes. Background The parties were married for approximately 20 years before Wife filed for divorce in 2006. In ...