Foley v. Foley, No. Fa98 016 8258s (Mar. 20, 2002)

2002 Conn. Super. Ct. 3486
CourtConnecticut Superior Court
DecidedMarch 20, 2002
DocketNo. FA98 016 8258S
StatusUnpublished

This text of 2002 Conn. Super. Ct. 3486 (Foley v. Foley, No. Fa98 016 8258s (Mar. 20, 2002)) is published on Counsel Stack Legal Research, covering Connecticut Superior Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Foley v. Foley, No. Fa98 016 8258s (Mar. 20, 2002), 2002 Conn. Super. Ct. 3486 (Colo. Ct. App. 2002).

Opinion

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.]

MEMORANDUM OF DECISION
The parties were married in Clinton, New Jersey on June 7, 1986. They are the parents of three minor children, Victoria Kaitlin Foley, born January 24, 1989; Timothy Ryan Foley, born April 17, 1990; and Delaney Taylor Foley, born February 8, 1993. The parties separated for a time in November 1996 and for a final time in 1998. The children live with the Plaintiff ("wife") in the family home on 49 Quail Ridge Road, Wilton, Connecticut. The husband lives in a separate dwelling which he purchased prior to the filing of the divorce, also in Wilton, at 32 Wilton Hunt Lane. The two younger children of the marriage have dyslexia and require extra tutoring and help with their studies. Prior to the close of the evidence, the parties entered a stipulation with regard to visitation CT Page 3487 dated September 7, 2001, and they also stipulated that sole custody of the minor children could be awarded to the mother that she could relocate with the children to the Denver, Colorado area.

The wife is 41 years old and in good health. She received a Bachelor of Arts from Denison University in 1982. She worked at Xerox in the Marketing Department from 1984 to 1991 with some time off for the birth of their first child. The parties first met there. The wife was apparently very successful at her work, and by the time she left following the birth of their second child, she had been promoted to Sales Manager. At one point her earnings were comparable to that of her husband. She testified that she intends to go back to work sometime in the future, but that she has no immediate plans to do so.

The husband is 44 years old and is also in good health. He received his degree from Ohio Wesleyan University in 1979. He has held a succession of positions mostly in marketing and sales. Like the wife, the husband began at Xerox, worked for a short period of time at Citibank and then joined the Gartner Group ("Gartner"). In 1994 he left Gartner for a short period of time and joined Real Decisions (a Gartner affiliate), and he then joined Scient and was later laid off. He was rehired by Gartner where he is currently employed. He works with a base salary and a commission. Over the course of his career his highest earnings were approximately $400,000 per annum, including bonus and commissions. Currently he receives $150,000 per annum base salary plus commissions. Commissions are accrued to his account, but they are not paid to him until Gartner is in receipt of payment by the client.

The principal remaining assets of the parties are the family home at Quail Ridge, Wilton and the husband's home at Wilton Hunt. The Quail Ridge property was purchased in 1991 for $425,000. They used a loan from the husband's father in the amount of $50,000 (which was later repaid), a $225,000 bank mortgage, and the net proceeds from a succession of houses that the parties owned throughout their marriage commencing with their starter home in New Jersey. The wife believes the fair market value of the property to be $540,000.00. However, the husband offered appraisal testimony and a report by Castiglia Associates which placed the value at $600,000.00. The court finds the latter to be more credible.

The husband purchased his home on July 7, 1998, with the agreement of the wife. He placed 10% down and borrowed approximately $350,000.00 against the margin account of the parties, and later obtained a conventional mortgage. The current fair market value of this property is also $600,000.

In addition, when the husband was first employed by Gartner, the CT Page 3488 corporation went public. At that time, the husband was given 4,852 shares. These have since doubled and redoubled over time, and together with the exercise of options, eventually accumulated to approximately 60,000 shares, which at its high point was selling for $42.00 a share for a total value of more than $2,000,000.00. The husband testified that throughout the marriage his philosophy was to "live on his salary." However, starting in 1995, the parties began to borrow against their Gartner stock by taking margin loans to make purchases large and small, which ultimately had to be repaid through the sale of the stock itself. At one point during the pendency of this action, they sold approximately $850,000.00 of Gartner stock. The wife kept $200,000.00 as an advance distribution of marital property, the husband a like amount, $50,000 was deposited in the joint checking account, and $400,000.00 was placed in escrow. As of a time shortly before the trial, the husband still had approximately half of his monies from the sale. The wife spent substantially all of her share. Also, approximately $240,000.00 of the escrow monies were to be applied to the taxes resulting from the sale of the stock. The combination of these sales and distributions, together with the falling share prices have eliminated this asset.

The husband received 980 stock options from Scient which, at the time of trial were without value. He has also received 9,000 Gartner options after rejoining the company following the separation of the parties.

The trial, which was conducted over eight days, during which the parties were extraordinarily contentious, involved a variety of issues from visitation to finances. For both parties there was simply just not enough money to go around. In September 2001, the court modified the existing pendente lite order and entered new orders that the husband pay to the wife $6,000 per month as unallocated alimony and child support, together with 25% of his gross bonus and commissions.

The wife testified that the marriage broke down because the husband basically distanced himself from the family and did not participate in the children's activities. She stressed her inability to communicate with the husband, together with allegations of his problem drinking, which she said began early in the marriage. The husband testified that he stopped drinking completely in 1997, and that if he was distant, it may very well be a product of his own parents divorce when he was a young man. He further testified that the wife made him feel "invisible" and like a "nonperson." However, what came through to this court very clearly was the fact that each party had very different philosophies with regard to family finances. The husband testified that for a long time the wife's spending from the margin account, particularly when he was away on business, was out of control and a large bone of contention. The husband's financial success has come at a price with regard to his CT Page 3489 familial relationship, with the added complication that this very financial success has also whetted the wife's appetite for the fruits thereof, and her desire that they continue at the same level post dissolution — an understandable but unrealistic expectation. What started out as a relatively amicable separation has deteriorated into an uncivil brawl.

The case took far to longer to try than was warranted by the assets involved. The court ascribes the length of the trial to the palpable hostility between the parties, particularly by the wife toward the husband. They had great difficulty remaining civil to one another. The wife is so obsessed with being right, and as the court suspects, punishing the husband as well, that she seems incapable of reaching any practical resolution of even the simplest problem. The court is particularly concerned with regard to the way parties deal with one another and with the effect this behavior has upon the children. In fact, it became clear to the court that the children have not only sensed the conflict, they are also very likely using it to manipulate the situation.

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Bluebook (online)
2002 Conn. Super. Ct. 3486, Counsel Stack Legal Research, https://law.counselstack.com/opinion/foley-v-foley-no-fa98-016-8258s-mar-20-2002-connsuperct-2002.