In Re The Marriage Of: Julia Rokhsar, V. Robert Rokhsar

CourtCourt of Appeals of Washington
DecidedApril 10, 2023
Docket83509-2
StatusUnpublished

This text of In Re The Marriage Of: Julia Rokhsar, V. Robert Rokhsar (In Re The Marriage Of: Julia Rokhsar, V. Robert Rokhsar) is published on Counsel Stack Legal Research, covering Court of Appeals of Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re The Marriage Of: Julia Rokhsar, V. Robert Rokhsar, (Wash. Ct. App. 2023).

Opinion

IN THE COURT OF APPEALS OF THE STATE OF WASHINGTON

In the Matter of the Marriage of No. 83509-2-I JULIA ROKHSAR, DIVISION ONE Respondent, UNPUBLISHED OPINION and

ROBERT ROKHSAR,

Appellant.

MANN, J. — This is a dissolution action between Robert Rokhsar and Julia

Rokhsar. Robert appeals and argues that the trial court abused its discretion when it

made several errors related to the property distribution and denied Robert’s request for

a downward deviation of child support. 1 We affirm.

I.

A.

Robert and Julia met in New York and began dating in 2005. When they met,

Julia worked in marketing and media, while Robert worked at a hedge fund. They

1 Consistent with the parties’ briefing and to avoid confusion, we refer to the parties by their first

names. We mean no disrespect. No. 83509-2-I/2

married in May 2012 in Seattle, Washington. After they married, Robert decided to start

his own hedge fund.

Julia stopped working in December 2014, one month prior to the birth of the

parties’ son. Julia then stayed home to care for the children. The parties moved to

Seattle in April 2015. Their daughter was born in 2016.

Throughout the marriage, Robert controlled the parties’ finances. Julia testified

that she “never had access to any of our accounts . . . never saw statements” and she

was “largely kept in the dark.”

Robert formed Group 166 Capital LLC (Group 166 Capital) in August 2013.

Robert is the sole owner of Group 166 Capital. Group 166 Capital manages two

investment funds, Group 166 Investment Fund LP (Group 166 Investment) and Group

166 Opportunities, Ltd—an offshore investment fund. 2 Group 166 Capital is the general

partner of Group 166 Investment and the investment manager of Group 166

Opportunities. Group 166 Investment had between 6 and 10 limited partners, all of

whom were friends or family of Robert. Similarly, Group 166 Opportunities had 15

investors, all Robert’s friends and family. Group 166 Investment’s largest limited

partner was Ted Schiffman, Robert’s friend from college.

Robert structured Group 166 Capital to receive performance incentives when the

two funds increased in value. Thus, if Group 166 Capital increased the value of the

money in Group 166 Investment above a threshold amount of 6 percent, then each of

2 As of December 2019, the Group 166 Opportunities account held 1.655 million. Group 166

Capital was entitled to a portion of the fund in exchange for its performance. Robert had personally invested in Group 166 Opportunities. In any event, the trial court did not assess whether Robert’s investment was community or separate property or whether the Group 166 Opportunities account held any community property.

-2- No. 83509-2-I/3

the individual investors would pay Group 166 Capital 25 percent of the appreciation.

Thus, while Robert does not receive a traditional paycheck from his business, he is

entitled to compensation for his management of the fund as well as distributions from

the fund.

Robert waived the management fees Group 166 Capital was entitled to from the

fund’s appreciation for the years 2013, 2014, 2016, and 2017.

In 2015, Robert took a one-time management fee of $260,790, to help with the

purchase of the family home in Seattle. And in summer 2018, Robert negotiated with

the investors via side letters to reimburse him for the fees he had failed to take for

several years. This amounted to $1,233,798 that Robert would receive in monthly

installments between September 2018 and June 2020.

In 2019, Group 166 Investment’s largest investor Ted Schiffman, decided to

withdraw his capital from the fund. At the beginning of 2019, Schiffman had $9.9 million

invested in the Group 166 Investment fund. In August 2019, about $5 million of

Schiffman’s capital was returned to Schiffman. About $3.7 million was refunded to

Schiffman in September 2019. The remaining amount of Schiffman’s funds included

$395,538 of historical incentive fees that Robert had failed to take from Schiffman

between 2013 and 2017, plus a $991,347 holdback. This holdback was based on the

investor agreement between Group 166 Investment and Schiffman and the amount

would be held until the accountants had a chance to review the books and verify the

numbers.

-3- No. 83509-2-I/4

B.

The marital community ended on November 25, 2019 when Julia filed for

dissolution. Upon filing, an automatic temporary financial restraining order was put in

place.

On the date of separation and entry of the financial restraining order, the Group

166 Capital account balance was $776,899. That same day, Robert took $20,000 out of

the account to pay a retainer for an attorney. Then Robert transferred $391,879 out of

the same account to Ted Schiffman.

Julia moved for a temporary family law order. Robert failed to present financial

information to the court about the Group 166 entities. Under the temporary order,

Robert was ordered to pay Julia $10,000 per month pending trial in undifferentiated

support. Julia testified at trial that Robert stopped paying the full amount. Because of

this, Julia took out loans to help pay her costs and attorney fees.

A bench trial occurred over several days starting in November 2021. Both

parties testified and each presented a forensic accountant to testify about the

community assets, including Group 166 Capital. The trial court entered written orders.

The trial court divided the assets and debts and awarded Julia a marital lien of $97,791.

Robert moved for reconsideration which the trial court denied.

Robert appeals.

II.

The trial court’s distribution of property in a dissolution action is guided by

statute, which requires it to consider multiple factors in reaching an equitable

conclusion. In re Marriage of Rockwell, 141 Wn. App. 235, 242, 170 P.3d 572 (2007).

-4- No. 83509-2-I/5

These factors include: (1) the nature and extent of the community property, (2) the

nature and extent of the separate property, (3) the duration of the marriage, and (4) the

economic circumstances of each spouse at the time the division of property is to

become effective. RCW 26.09.080. In weighing these factors, the court “may properly

consider a spouse’s waste or concealment of assets.” In re Marriage of Wallace, 111

Wn. App. 697, 708, 45 P.3d 1131 (2002) (citing In re Marriage of White, 105 Wn. App.

545, 551, 20 P.3d 481 (2001)).

A fair and equitable distribution “does not require mathematical precision, but

rather fairness, based upon a consideration of all the circumstances of the marriage,

both past and present, and an evaluation of the future needs of parties.” In re Marriage

of Zahm, 138 Wn.2d 213, 218-19, 978 P.2d 498 (1999).

A trial court has considerable discretion in making a property division and will not

be reversed on appeal absent a showing of manifest abuse of discretion. In re Marriage

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