Citation Numbers: 5 A.D.3d 165, 773 N.Y.S.2d 53, 2004 N.Y. App. Div. LEXIS 2343
Filed Date: 3/9/2004
Status: Precedential
Modified Date: 11/1/2024
Taking into consideration defendant husband’s repeated violations of the IAS court’s orders, including his failure to pay support (which ultimately led to a finding of contempt against him), his persistent refusal to provide financial disclosure, his failure to pay his agreed upon share of the fee for the neutral evaluator, and his failure to appear for his deposition and a court appearance, the IAS court properly exercised its discretion in finding him in default and thereupon precluding him from offering evidence on financial issues in the action.
In determining that plaintiff wife was entitled to equitable distribution of 50% of the marital assets, the court properly considered the factors set forth in Domestic Relations Law § 236 (B) (5) (d). Notably, the parties were married for almost 15 years, and plaintiff wife gave up her career as a stockbroker to raise the couple’s twin children. She was supportive of defendant husband through his medical internship and residency and contributed directly to the growth of his practice by performing some office work and attending business functions (see Price v Price, 69 NY2d 8 [1986]).
Defendant’s attacks on the fairness of the IAS court are flatly contradicted by the record.
The IAS court evidently overlooked that plaintiff, as well as defendant, had an IRA account. Inasmuch as both parties’ accounts are in the same amount and each is entitled to an equal share of the marital estate, we modify to permit the parties to retain their respective accounts.
We have considered defendant’s remaining arguments and find them unavailing. Concur—Tom, J.P., Ellerin, Lerner and Marlow, JJ.