Russell v. Russell (Majority, with Concurring)
Annotate this CaseRandy Russell filed for divorce from Andrea Russell in 2006, alleging general indignities. Andrea counterclaimed, alleging the same grounds. After a trial, the circuit court issued a divorce decree that ordered Randy to buy at their inferential value corporate shares from Andrea instead of simply distributing existing marital property. Randy appealed this portion of the order. The circuit court also found that the business, National Recovery Specialists (NRS), had a fair-market value independent of the personal goodwill of Randy's stepfather in its valuation of the NRS shares. The Supreme Court affirmed, holding (1) the circuit court did not err in ordering Randy to pay alimony as a complementary device to offset the unequal distribution of marital property; and (2) Randy's contention that Andrea presented no competent evidence that NRS had a fair-market value independent of Randy's stepfather's personal goodwill was not supported by the record.
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