Subsidiary of Separate Property Company Formed During the Marriage Is Separate Property

Business Valuation Update BVLaw
Legal and Court Case Update
February 23, 2004
6799 Investors, NEC
523999 Miscellaneous Financial Investment Activities
marital dissolution/divorce

Susan Folse McClanahan v. Jack McClanahan
No. 03-CA-1178 (La. App. 5 Cir. 2004)
US
State Court
Louisiana
Court of Appeals
David M. Prados, Marc D. Winsberg, Robert C. Lowe
Harold Asher, CPA
Cannella

Summary

The Louisiana Court of Appeal for the Fifth Circuit determined that a lower court erred when it characterized and valued a subsidiary of the husband’s separate property business, that came into existence during the marriage, as community property. It dete ...

See Also

Susan Folse McClanahan v. Jack McClanahan

The Louisiana Court of Appeal for the 5th Circuit determined that a lower court erred when it characterized and valued a subsidiary of the husband’s separate property business, that came into existence during the marriage, as community property. It dete ...