Arizona appeals court upholds divorce asset division
Read the full story at Times of India
An Arizona couple built three businesses during their marriage, including a car-rental venture; during their divorce, the husband disputed a $305,800 business valuation and $95,000 in alleged loans, but an appeals court upheld the lower court’s rulingAn Arizona appeals court has upheld a divorce ruling that split a couple’s three businesses and refused to share $95,000 in loans the husband said were marital debt. The court found the husband’s loan papers lacked credibility, and it accepted a $305,800 valuation of one company even though he refused to give the expert his financial records.
The decision, issued October 30, 2026, is a non-precedential memorandum, so it does not set a rule for other cases.A marriage, three business and money fights The Arizona couple married in September 2016. Over the next several years, they built three businesses together: a company that took the couple’s name, a car-rental business run through the Turo platform, and a second company under the wife’s name.
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