MarketWatch.com talks Divorce and Stock

[fusion_text]Andy Flink, Atlanta mediator, recently sent us an article from MarketWatch.com about the ins and outs of what happens to your employer stock options once your divorce is final. Click here to check out this great article.

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The Verdict Is In: State v. Jeff and Joseph Carr

A Cobb County jury has convicted Jeffrey Carr and his father Joseph Carr, both from Gainesville, GA, of taking millions of dollars from an elderly Cobb County widow in violation of Georgia’s Racketeer Influenced and Corrupt Organization (RICO) Act. In a unique engagement between IAG Forensics and the Cobb County District Attorney’s office, Laurie Dyke…

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Buckhead man returning to prison after admitting guilt in $1 million state tax fraud scheme

Cobb District Attorney Vic Reynolds announces that a Buckhead man has pleaded guilty in a major tax fraud scheme. Shannon Jay Bradley, 35, pleaded guilty today to 45 charges, including racketeering, money laundering, identity fraud, and burglary. Investigators found that in December 2012, five tax-preparation offices in Cobb County were burglarized, with Mr. Bradley quickly…

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Hardman v. Hardman

The Georgia Supreme Court has held recently that the Fulton County Superior Court erred in applying the doctrine of res judicata “mechanically” in a divorce case, particularly involving child support issues, and ruled in favor of a father who elected to send the couple’s children to private school at his ex-wife’s expense. When William and…

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Sullivan v. Sullivan: Stock & Appreciation

The Supreme Court of Georgia affirmed the trial court’s award to the husband for shares of stock in his closely-held corporate employer. The husband was entitled to his shares and any appreciation from time of marriage because the trial court found there was a lack of clear evidence of marital investment in the stock. You…

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White v. Howard: Divorce Decree’s Life Insurance Requirement

In White v. Howard, the Supreme Court of Georgia reversed the trial court’s conclusion that the husband’s obligation to maintain life insurance for the wife’s benefit was property division and therefore not subject to modification. The Supreme Court held that the obligation was a form of periodic alimony because the award was indefinite and based…

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Karen Fortune Testifies in DeKalb Schools Corruption Trial

Karen Fortune, partner at IAG Forensics & Valuation, testified in the high profile corruption trial of Patricia Reid and Tony Pope. Ms. Reid, the former DeKalb County Schools Chief Operating Officer, and Mr. Pope, her ex-husband, are accused of allegedly manipulating the system and stealing money from the school district through county construction contracts. For…

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KS Family Law App for Child Support Guidelines

Kessler & Solomiany LLC has developed an app for iPhones and Android phones that helps simplify the child support guidelines in Georgia. The app will give users a broad, initial projection of possible child support obligations, but does not stand in place of legal advice. For more information on the app, click here.

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Recent Developments in Georgia Tort Law

The following article, by attorneys Phillip Comer Griffeth and Cash V. Morris, summarizes recent developments in Georgia tort law. The article was published in the Annual Survey of Georgia Law, 64 Mercer Law Rev. 287 (2012) and includes information on negligence, intentional torts, premises liability, derivative liability, medical malpractice, and dram shop. Torts by Phillip Comer…

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The EBITDA Enigma

The term EBITDA (earnings before interest, taxes, depreciation and amortization) is a metric measuring financial performance, embraced by many in the M&A community.  Yet, as a forensic accountant frequently called to assist attorneys in purchase price disputes, I have observed EBITDA at the heart of a large percentage of these matters.  These disputes seemingly occur…

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