Ferguson v. Ferguson

OPINION

COMPTON, Chief Justice.

I. INTRODUCTION

This appeal presents two related questions: (1) whether an interest in an Individual Fishing Quota (IFQ) for halibut and sa-blefish is property subject to division if marital, and (2) how the marital portion of this interest should be determined. We hold that the superior court correctly treated the interest in the IFQ as property subject to division if marital, but abused its discretion in determining that the entire interest in the IFQ at issue was marital property.

II. FACTS AND PROCEEDINGS

Donald J. Ferguson and Lori Beth Ferguson were married in…