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.
Arkansas woman wins $183,000 business share after four divorce appeals
TI
Times of India - Top StoriesBy TOI WORLD DESK
EXECUTIVE SUMMARY
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.
Key Takeaways
- 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.
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Published originally on Times of India - Top Stories
