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Rogers v. Rogers

Citations

  • 296 N.W.2d 849
  • 1980 Minn. LEXIS 1565

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • valuing business by taking present value of husband’s earnings over next 11 years without excluding reasonable yearly compensation for him improper because it gave wife forced share of husband’s postmarital income
  • although price in buy-sell agreement should not be ignored, court not required to accept that price as dispositive of value of husband’s interest in company
  • it was reversible error not to consider the terms of the buy-sell agreement which create contingencies that affect the value such as the possibility the shareholder might die or be disabled before he realizes the full value of his interest
  • award on assumption that husband would continue to contribute his talents and services to corporation was to essentially capitalize him; such award would give wife forced share of husband’s future work which as a property award could not be modified to reflect future changed circumstances

Source: CourtListener parenthetical corpus (CC0).

Judges: Sheran, Peterson, Yetka, Amdahl

Read full opinion on CourtListener

Cited by

38 cases in this archive cite this case; the 20 most cited are listed.

Cites

2 cases in this archive are cited by this case.

Other cases with this name

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.