Tennessee Appeals Court Affirms Trial Court Valuation and Trial Court’s Skepticism of Husband’s ‘Projections’

BVLaw
Court Case Digests
October 17, 2023
5099 Durable Goods, NEC
423990 Other Miscellaneous Durable Goods Merchant Wholesalers
marital dissolution/divorce
divorce, marital dissolution, marital estate, property division, projections, marital property, alimony, trial court

Barnes v. Barnes
2023 Tenn. App. LEXIS 430; 2023 WL 6846504
US
State Court
Tennessee
Court of Appeals
Tom Price, Vic Alexander, Kelli McDowell
Jeffrey Usman, Frank G. Clement Jr., Andy D. Bennet

Summary

The trial for this divorce case was extended almost eight months because the parties had assured the court it would be a three-day trial and it took four days. The fourth day was almost eight months after the end of the third day of trial. As a result, the husband argued that the value of his business should have been updated and consideration given to the effect of splitting the business’s real estate from the operations of the business. The appellate court noted that this issue had not been raised at trial and was, therefore, not appealable. Other issues not related to the business were issues for the appellate court.

See Also

Barnes v. Barnes

The trial for this divorce case was extended almost eight months because the parties had assured the court it would be a three-day trial and it took four days. The fourth day was almost eight months after the end of the third day of trial. As a result, the husband argued that the value of his business should have been updated and consideration given to the effect of splitting the business’s real estate from the operations of the business. The appellate court noted that this issue had not been raised at trial and was, therefore, not appealable. Other issues not related to the business were issues for the appellate court.