Sweere v. Gilbert-Sweere

BVLaw
Full Text of Court Cases
July 18, 1995
marital dissolution/divorce
marital dissolution

Sweere v. Gilbert-Sweere
534 N.W.2d 294
US
State Court
Minnesota
Court of Appeals
Peterson

Summary

At issue is whether the district court erred in finding that the gross proceeds from the sale of the parties' marital stock in a closely-held corporation did not include $200,000 designated as payment for a noncompetition agreement.

See Also

Noncompete Covenant Is a Marital Asset

Marital property included a 25 percent interest in a business. Husband received the stock and wife received other marital assets based on an agreed value for the stock. They agreed that if husband sol ...