Legal Question in Business Law in Texas
In September I will be going to court to end a divorce where my wife has been granted discovery. I have 4 current businesses and have presented evaluations for each. Her and her attorney choose not to settle on any realistic numbers because they feel as if I am "defrauding" her because she thinks I will sell all my businesses after the divorce for more than they're worth. I believe my divorce will be settled accordingly with the financial accuracies I have provided and she will get her fair share, I have never not wanted to help her, however she thinks I am worth millions. (Not the case)
Can my ex wife claim fraud and sue me after our divorce for any new business formations or receiving a better offer for my existing businesses and selling? My businesses are all ones based majorly on goodwill.
I have been approached by a nonprofit to sell my companies to their holding company/corporation along with becoming CEO... if I accepted to sell after the divorce, what am I risking?
1 Answer from Attorneys
This situation is rife with problems. My first thought is that you need to hire a divorce lawyer or if you have a lawyer you need to talk to your lawyer about these issues. This is entirely too complicated to be addressed over a free Q&A forum with so few facts.
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