Thursday, May 31, 2012

Fourth District Reverses Unequal Distribution

The Fourth District Court of Appeal reversed in part yesterday in Gilbert v. Katz-Gilbert, a case in which the lower tribunal attributed over $200,000.00 in liabilities to one party and less than $2,500.00 to the other.  The lower court did not allocate the assets to make up for the unequal distribution of liabilities, or make findings justifying an unequal distribution as required by statute.  On remand the court was instructed to either reallocate the debt or else make findings justifying the unequal distribution.

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