Court Deems Treatment of S Corp Undistributed Income ‘Problematic’
Court rejects expert’s “excess working capital” analysis to determine income for child support purposes saying it conflicts with state statute’s requirement to rely on historical practices when assessing legitimacy of undistributed earnings of an S corp.
Diez v. Davey
Court rejects expert’s “excess working capital” analysis to determine income for child support purposes saying it conflicts with state statute’s requirement to rely on historical practices when assessing legitimacy of undistributed earnings of an S corp.
Enpat, Inc. v. Budnic
Federal court denies plaintiff’s request to prorate past patent infringement damages from actual prior licenses without additional evidence that the parties’ would have used a similar proration during hypothetical negotiations.
Marion Shultz v. William M. and Buela C. Shultz
The Washington Court of Appeals reversed and remanded this equitable distribution matter for inclusion of a previously undisclosed asset. During the marriage, the husband invested a part for an airplanes. On the date of the divorce, the patent was not in ...
Undisclosed Marital Asset That Becomes Income Producing Post-Dissolution May Be Equitably Distributed
The Washington Court of Appeals reversed and remanded this equitable distribution matter for inclusion of a previously undisclosed asset.