This appeal involves a dispute over the responsibility for investment losses incurred by a spouse before and during the parties’ marriage. After only one year of marriage, the husband filed suit for divorce in the Circuit Court for Davidson County. The wife counterclaimed for divorce and, among other relief, sought alimony in solido to offset the loss of her separate property resulting from the husband’s aggressive stock market trading. Following a bench trial, the trial court granted the wife a divorce on the ground of inappropriate marital conduct and then, employing a comparative fault analysis, determined that the husband should pay the wife $51,500 in alimony in solido to reimburse her for her separate property lost in the stock market. The husband has appealed. We have determined that the wife is not entitled to be reimbursed for the losses caused by the husband’s investments.
Case Number
M2003-00583-COA-R3-CV
Originating Judge
Judge Marietta M. Shipley
Case Name
Robert Kendall Broadbent v. Shari Katherine Langhi Broadbent
Date Filed
Dissent or Concur
No
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