Morton v. Morton
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
At issue on this appeal is the proper valuation date for marital assets consisting of multiple business entities which own commercial real estate properties and act as the landlord for industrial and manufacturing tenants, many of which are located in the Detroit, Michigan, area. The defendant proffered evidence that a decrease in the value of these assets since the date of commencement of this action was attributable to market forces and, thus, was passive in nature. There was no evidence that a decline in the value of these assets during this period of time was due to dissipation or…
2Cases cited5 opinions
- McSparron v. McSparronNew York Court of Appeals · 1995
- Sagarin v. SagarinAppellate Division of the Supreme Court of the State of New York · 1998
- Smerling v. SmerlingAppellate Division of the Supreme Court of the State of New York · 1991
- Breese v. BreeseAppellate Division of the Supreme Court of the State of New York · 1998
- Scharfman v. ScharfmanAppellate Division of the Supreme Court of the State of New York · 2005
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