In re Marriage of Armour

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May 26, 2010

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6211 Security Brokers, Dealers, and Flotation Companies
523110 Investment Banking and Securities Dealing
marital dissolution/divorce
In re Marriage of Armour
2010 WL 2114052 (Cal. App. 2 Dist.)(unpublished)
US
State Court
California
Court of Appeal
Bruce A Clemens, Edward L Xanders, Edward P Lazarus, L Rachel Helyar, Rex S Heinke, Robin Meadow, Vicki J Greene
Flier

Summary

Appellate court reverses the trial court’s in-kind division of 50,000 shares of company stock, finding that wife’s share would be redeemed at below-market, formula price while husband would continue to enjoy dividends and stock appreciation.
In re Marriage of Armour
PDF, Size: 54 KB

See Also

Divorce Expert Helps Determine In-Kind Versus Economic Division of Stock

Legal and Court Case Update
August 2010

Appellate court reverses the trial court’s in-kind division of 50,000 shares of company stock, finding that wife’s share would be redeemed at below-market, formula price while husband would continue to enjoy dividends and stock appreciation.

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