One strong segment of our Illinois and Missouri law firm's divorce practice is the valuation of a professional business or practice, as well as focus on marital dissolutions where the division of property is a major financial concern to all parties involved.
A relevant page on our website refers to the "complex and sophisticated assets" that feature centrally in select divorces, with such assets encompassing a broad universe of possibilities.
One area of concern to some divorcing parties is intellectual property. We are reminded of that by a recent story concerning a federal lawsuit filed by the ex-wife of a man who obtained a number of patent rights on technology aimed at turning traditional board games into video format for the casino industry. The woman claims she worked together with her former spouse to develop the concept and has a right of equal ownership.