Arizona appeals court upholds $305,800 business valuation in divorce

Arizona appeals court upholds $305,800 business valuation in divorce

An Arizona appeals court upheld a divorce ruling splitting a couple's three businesses and rejecting the husband's claim to share $95,000 in loans. The court accepted a $305,800 valuation of one company despite the husband withholding financial records, and found his loan documents lacked credibility. The October 30 memorandum decision does not set binding precedent.

Source: Times of India

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