Supreme Court of Colorado

In Re the Marriage of Antoinette F. Thornhill, Petitioner and Chuck Thornhill, Respondent

June 1, 2010232 P.3d 782

Summary

The court held that a trial court may, in its discretion, apply a marketability discount when valuing a spouse's interest in a closely held corporation for equitable distribution in a divorce. It also held that the parties' marital standard of living may be considered when determining whether a spouse meets the threshold entitlement requirements for temporary maintenance. The court affirmed the court of appeals in part, reversed it in part, and remanded for further proceedings.