one for the good guys

[Bali Hai]

Why didn't the judge give HER 100% of what she said the business was worth, and let HIM assume all the risk??

Because according to him, his finance people, lawyer, etc, the business was not worth that much money. The judge is not going to order him to pay $120k when he is claiming it is only worth $60k. How could a judge order him to buy out a business at twice its market value - as claimed by him? If the guy had been telling the truth and the judge made that order, where was he going to secure the add'l $60k from? Meanwhile she's sitting there with a check for $60k so -on the surface - it had to appear that she was closer to the truth on value than he was - so the only person the judge could call out - was him. He needed to own up to it and say oops! He didn't.

A judge ordering anyone to pay double the worth of an asset (umm...make that a fixed asset!!) would not be equitable or just....

Well didn't SHE say the business was worth $120M??? Does what SHE says in court COUNT???

The judge gave her a business for half of it's CORRECT value!! Isn't that screwing the man???

Jesus H. christ, why the hell don't you women just acknowledge that the court screwed the guy over and protected the wife and this conversation is OVER?!??

 

[VeronicaLodge]

Wait, if she were to give him 100% of the value and keep the business, it would be the same as if a total stranger walked in and bought the business from him. But she wasn't a total stranger, the business was part hers too, so one person should have gotten the business, and the other should have gotten half its value. Or it should have been sold to a 3rd person at market value and each gotten half. In which case, he would have gotten 60mil and no part of the business right? So thats what he got. It could have gone the other way, but no part of this thread addresses why she got it and he didn't, nor does it sound like he complained about that.

 

[LdiJ]

Well didn't SHE say the business was worth $120M??? Does what SHE says in court COUNT???

The judge gave her a business for half of it's CORRECT value!! Isn't that screwing the man???

Jesus H. christ, why the hell don't you women just acknowledge that the court screwed the guy over and protected the wife and this conversation is OVER?!??

Bali...you are completely off the wall here....there is not one single person that agrees with your logic.

How in the world could the judge giving her the business for half of its correct value screw the man? They both equally built the business. They both fully worked in the business. They were EQUAL partners in every single aspect of the business.

He got 100% of what he said the business was worth....and got 50% of what she said the business was worth....please explain, exactly, how he got screwed?