Hiyam H. Kanaan v. Hisham R. Kanaan

Summary

The court affirmed the family court's valuation of the parties' businesses and marital home and its refusal to reimburse plaintiff for joint tax liabilities because those determinations were supported by the evidence and were not clearly erroneous. It reversed the refusal to enforce the parties' pretrial maintenance agreement because no legally sufficient contract-based ground justified setting it aside. It also reversed the property award because installment payments without an adjustment for the time value of money undermined the equal distribution the trial court had ordered, and remanded for further proceedings on those issues.