Precedent-setting ruling nets client $331,000 from ex-spouse
The spouse had siphoned hundreds of thousands of dollars from a family business during their marriage to fuel a gambling habit, court documents show. “Gambling corporate funds during the relationship was found to be dissipation of a family asset, and she will have to pay our client back,” says Sixta, founder of Crossroads Law. The court awarded the 64-year-old businessman more than $331,000, his half of the $663,000 of unauthorized company funds found to have been used for gambling by his ex-spouse.
The woman “regularly, and without authority, facilitated the use of company funds for the specific purpose of gambling,” wrote presiding Justice Joyce DeWitt-Van Oosten.
- Source: AdvocateDaily