Arkansas woman wins $183,000 business share after four divorce appeals
Following their divorce in 2017, a couple in Arkansas found themselves embroiled in a lengthy legal dispute concerning their jointly owned business, Groundskeeper. Conflicts emerged regarding the business's valuation and tax obligations. The Arkansas Court of Appeals confirmed the wife's claim of $183,000, inclusive of prejudgment interest from the divorce date, mandating Craig Ballegeer to acquire...
Key Takeaways
- Following their divorce in 2017, a couple in Arkansas found themselves embroiled in a lengthy legal dispute concerning their jointly owned business, Groundskeeper.
- Conflicts emerged regarding the business's valuation and tax obligations.
- The Arkansas Court of Appeals confirmed the wife's claim of $183,000, inclusive of prejudgment interest from the divorce date, mandating Craig Ballegeer to acquire his former wife's half-interest in the business.
Following their divorce in 2017, a couple in Arkansas found themselves embroiled in a lengthy legal dispute concerning their jointly owned business, Groundskeeper. Conflicts emerged regarding the business's valuation and tax obligations. The Arkansas Court of Appeals confirmed the wife's claim of $183,000, inclusive of prejudgment interest from the divorce date, mandating Craig Ballegeer to acquire his former wife's half-interest in the business.
Original Publisher Attribution
This summary was curated from Times of India.