Divorce Court’s Power to Regulate Business
March 4, 2010
An issue that befuddles some business owners during the course of their divorce litigation is how to regulate the operation and management of their businesses....
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More on Blazer: Retained Earnings Not Income for Alimony
September 25, 2009
The Court noted that there is no statutory definition of "income" for alimony cases in California, and it was unclear whether retained earnings could be properly categorized as "income" for alimony purposes....
Buy-Sell Held Controlling Where Wife Signed
September 4, 2009
A business owner's spouse who signed a buy-sell agreement was bound by the value in a divorce action....
Three Signs of Enterprise Goodwill in Professional Practices
August 13, 2009
How do you know whether a professional practice (e.g., medical practice, dental practice, law firm or accounting firm) might have value that can be divided in a a divorce? Here are three signs that a professional practice...
Executive Compensation: Excessive Salary or Disguised Dividend?
August 10, 2009
The Seventh Circuit held that the salary earned by a CEO of a privately-held business (including a $17 million year-end bonus) was neither excessive nor a disguised dividend....