Divorce Source: Closely Held Businesses

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	11. Divorce Source: CLASSIFICATION OF BUSINESS DEBTS (�1999) A spouses personal guarantee of a nonmarital debt does not convert the obligation into a marital debt, according to Johnson v. Johnson. ... 5.9%
	12. Divorce Source: VALUATION OF MINORITY INTEREST IN CLOSELY HELD CORPORATION The wife owned a 9.2% interest in Imperial Oil of North Dakota, Inc., a closely held corporation owned by her family. The trial court valued her interest in the corporation at $650,000, or 11.3% less ... 5.9%
	13. Divorce Source: VALUATION OF INTEREST IN CLOSE CORPORATION The trial court did not err in refusing to apply a minority discount to shares of stock assigned to the wife in the parties property division. ... 5.9%
	14. Divorce Source: VALUATION OF CLOSELY HELD CORPORATION Remand was required for valuation of the parties interest in three closely held corporations, where the wife did not present any expert testimony on their value and the trial court rejected the testimony ... 5.9%
	15. Divorce Source: CLASSIFICATION OF INCREASE IN VALUE OF PREMARITAL BUSINESS A spouses participation as an officer or director of a corporation together with significant stock ownership by a spouse constitutes sufficient participation to qualify as active appreciation, and ... 5.9%
	16. Divorce Source: GOOD WILL IN BUSINESSES AND PROFESSIONAL PRACTICES (�1995) Some courts have held that good will can be included only if it can be immediately realized through a sale on the open market; others have held that good will can be included only if it exists as an ... 5.9%
	17. Divorce Source: APPRECIATION OF SEPARATE BUSINESS (�1995) Before the parties marriage, the husbands father, Joe Robbie Sr., gave him a 9.5% share of the Miami Sports Corporation, which owns the Miami Dolphins and a number of other entities. The husbands ... 5.9%
	18. Divorce Source: TRANSMUTATION OF SEPARATE BUSINESS Evidence supported the trial court's finding that the husbands business interests were transmuted to marital property by the wifes monetary and nonmonetary contributions during the marriage ... 5.9%
	19. Divorce Source: VALUATION OF BUSINESS AND THE EXPERT TESTIMONY BY PARTY (�1995) One way of encouraging clients to behave reasonably during equitable distribution is to warn that they may wind up paying substantial attorneys fees for engaging in excessive or unreasonable legal ... 5.9%
	20. Divorce Source: APPRECIATION OF SEPARATE BUSINESS (�1995) Many dissolution cases involve a dispute over the equitable distribution of a business which was started by a spouse or a spouses family before marriage. In dual classification jurisdictions, divorcing ... 5.9%

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