Tuesday, May 13, 2014

What To Do When One Spouse Ruins The Other Spouse's Business

While it is natural for insults to fly when dealing with an acrimonious divorce, one has to question where to draw the line. If for instance the wife feels so spurned that she makes her complaints public, causing the husband's business to suffer, should the wife still receive 50% of marital assets? The following article covers a case where this happened, during one of the most hostile divorce proceedings in a long time.

The judge could have split this asset 50/50 as was done with the other assets. Instead, the partnership, valued at the commencement of the case at $5 million, was split 83/17 in the husband’s favor. In the judge’s disparaging account, “in essence, the wife chose to bite the hand that fed her.” Although the wife was, in the judge’s view, “well within her rights to publicly raise her concerns about domestic violence,” her repeated attacks against him have played a part in diminishing his income.” Moreover, the judge noted, the leak to the media about the hearing aid dispute was both misleading and unnecessary. It suggested that the daughter was deprived of the hearing aids because of the dispute, but in fact it was only a fight about paying the bill after the fact, which was being considered in court. - See more at: http://verdict.justia.com/2014/04/22/high-price-badmouthing-ones-spouse-divorce#sthash.ZrWaF3C0.dpuf

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