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Judge Orders No Buy-out for Wife Seeking Half of Community Business

by / / Family Law

Los Angeles, CA – Attorney Alexander Lopez of Jorgensen and Salberg, LLP negotiates property division issues in midst of marriage dissolution. Judge rules in favor of client.

Mr. Lopez was able to defend his client, a husband and a father, against false sexual abuse charges made by his wife. The wife sought a buy-out from their community business. Mr. Lopez was able to prove that the business had no value, only debt. As such, no buy-out was ordered, and the wife was responsible for paying 50% of the remaining company debts.

The husband was granted joint legal custody of their children and his child support was reduced to zero as a result of their 50/50 visitation schedule and the incomes of both the parties. Additionally, the wife sought spousal support but the court denied this request.

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