Fox v. Fox

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April 9, 2019

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3949 Sporting and Athletic Goods, NEC
339920 Sporting and Athletic Goods Manufacturing
marital dissolution/divorce
equitable distribution, appreciation, separate property, marital property, gross profit
Fox v. Fox
2019 N.J. Super. Unpub. LEXIS 823; 2019 WL 1529333
US
State Court
New Jersey
Superior Court
Unknown (joint expert)
Per Curiam

Summary

Appellate court affirms that increase in value of husband’s company is subject to equitable distribution but says trial court erred when it assumed company had zero value on the date of marriage because company then was not profitable; court remands for determination of company’s premarital value.
Fox v. Fox
PDF, Size: 176 KB

See Also

Court Remands for Determination of Separate Asset’s Premarital Value

Court Case Digests
April 9, 2019

Appellate court affirms that increase in value of husband’s company is subject to equitable distribution but says trial court erred when it assumed company had zero value on the date of marriage because company then was not profitable; court remands for determination of company’s premarital value.

This article also appears in:
Business Valuation in Divorce Case Law Compendium - Fifth Edition