Legal Opinion

Keane v. Keane

New York Court of Appeals

Decided December 21, 2006PublishedCited by 11 opinions

1Opinion of the Court

OPINION OF THE COURT

Rosenblatt, J.

In Grunfeld v Grunfeld (94 NY2d 696 [2000]) and McSparron v McSparron (87 NY2d 275 [1995]), we made clear that in divorce actions a court should not twice count the income associated with a professional license, an intangible asset, when making distributive and maintenance awards. We are now called upon to determine whether this principle extends to the distribution of a tangible, income-producing asset and the subsequent award of maintenance from income deriving from that asset. It does not.

I

The parties, in their early 60s at the time of trial, were married…

2Cases cited8 opinions

  1. O'Brien v. O'BrienNew York Court of Appeals · 1985
  2. Price v. PriceNew York Court of Appeals · 1986
  3. O'Shea v. O'SheaNew York Court of Appeals · 1999
  4. McSparron v. McSparronNew York Court of Appeals · 1995
  5. Holterman v. HoltermanNew York Court of Appeals · 2004

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3Cited by11 opinions

  1. Griggs v. GriggsAppellate Division of the Supreme Court of the State of New York · 2007
  2. Groesbeck v. GroesbeckAppellate Division of the Supreme Court of the State of New York · 2008
  3. Kerrigan v. KerriganAppellate Division of the Supreme Court of the State of New York · 2010
  4. Greisman v. GreismanAppellate Division of the Supreme Court of the State of New York · 2012
  5. Weintraub v. WeintraubAppellate Division of the Supreme Court of the State of New York · 2010

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