Court Approves Coverture Fractions and 'If, as, and When' Method

Business Valuation UpdateVol. 9 No. 2
Legal and Court Case Update
February 2003
8062 General Medical and Surgical Hospitals
622110 General Medical and Surgical Hospitals
marital dissolution/divorce

Otley v. Otley
147 Md. App. 540, 810 A.2d 1, 2002 Md. App. LEXIS 185
November 1, 2002
US
State Court
Maryland
Court of Special Appeals
Eyler

Summary

The parties were married on March 23, 1985 and separated on January 23, 2000. Wife filed for divorce on February 3, 2000. In 1999, husband began working for Destiny Health, Inc. as a finan ...

See Also

Otley v. Otley

Court then considered what portion of the option was marital property, and decided that this could be determined by coverture fractions, or the "time-rule" formula.