In Re Marriage of Reuling

Good Law
1994 Cal. App. LEXIS 277·23 Cal. App. 4th 1428·28 Cal. Rptr. 2d 726·94 Daily Journal DAR 4215·94 Cal. Daily Op. Serv. 2250
Court of Appeal of CaliforniaMarch 30, 1994A058553California4,022 words

Opinion

Opinion

Haning, J.

Sharon L. Reuling (Wife) appeals a judgment allocating community property following the dissolution of her marriage to Irvin Reuling (Husband). Her principal contention is that the trial court erred in selecting the valuation date for shares of stock and stock options acquired by Husband during the marriage. Husband cross-appeals from the order awarding Wife attorney fees. We affirm.

Facts

The parties were married on January 27,1962. In 1986 Husband, the chief financial officer of ADAC Laboratories, Incorporated (ADAC), purchased 450,000 shares of ADAC stock. During the marriage he also acquired 225,000 ADAC stock options. The shares and options were held in his name alone. The parties separated October 11, 1987, and Wife petitioned for dissolution on September 19, 1988.

In February 1989 during a discussion concerning division of the ADAC shares and stock options, Wife announced that the ADAC stock certificate was missing, and Husband said he would have it replaced. On March 3, 1989, following a hearing on temporary support, the parties stipulated to an order restraining either of them from transferring community assets. On June 5,1989, in opposition to Wife’s motion…

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