Meredith v. Wang

Superior Court of Guam·Decided May 14, 2019·No. DM0435-18·Unknown

Opinion

:1LED SUPER0 COURT AM

tiAY IL P 2 13 CLE CFURT IN THE SUPERIOR COURT OF GUAM

DAVID MEREDITH, Superior Court Case No. DM0435-18

P1aintiff DECISION AND ORDER vs. RE MOTION FOR YUCHEN JESSICA WANG, SPOUSAL SUPPORT AND ATTORNEYS’ FEES Defendant.

YUCHEN JESSICA WANG,

Counterclaimant-Plaintiff

vs.

DAVID MEREDITH,

Counterclaim-Defendant.

This matter came before the Honorable Elyze M. Iñarte on Defendant!

Counterclaimant-PlaintiffYuchen Jessica Wang’s Motion for Spousal Support and Attorneys’

Fees, heard on March 28, 2019. Based on the evidence presented, the parties’ arguments, and the

applicable law, the Court GRANTS iN PART and DENIES iN PART Wang’s Motion.

I. FINDINGS OF FACT

The Court fmds the following by a preponderance of the evidence:

1. The parties married on May 23, 1993. Compi. ¶ 3(b) (July 23, 2018); Ans. ¶ 3 (Oct. 1,

2018). DM0435-18 II DECISION AND ORDER RE MOTION FOR S OUSAL Page 2 SUPPORT AND ATTORNEYS’ FEES

2. At the time of the hearing on the Motion for Spousal Support and Attorney’s Fees,

Plaintiff/Counterclaim-Defendant David Meredith resided on Guam. He is 50 years old.

3. Wang is a resident of Taichung, Taiwan, and is 54 years old. Wang Test. (Mar. 28, 2019).

4. In May 2016, Meredith told Wang he wanted a divorce. They had already been living in

different countries since January or February of 2015. Compl. ¶ 3(c); Ans. ¶ 3.

5. Meredith filed a Complaint for Divorce on July 23, 2018.

6. The parties have neither a premarital or postmarital agreement.

7. The parties have one adult child, Dylan Meredith, born in 1995.

8. Meredith has another child born out of wedlock who is approximately ten years old.

Meredith Test. (Mar. 28, 2019).

9. Meredith spends an average of $3000 per month on his minor child. Meredith Test.

10. Meredith has practiced law since 1995 and holds licenses in at least five jurisdictions:

New York, New Jersey, the British Virgin Islands, Hong Kong, and Wales and England.

Meredith Test. In his most recent law firm profile, Meredith represented that he focuses

on mergers and acquisitions, equity capital markets financings and exits, and debt capital

markets transactions, in the fields of telecommunications, media and technology, real

estate, hospitality, energy, health care and life sciences. Pl.’s Ex. Z (Mar. 28, 2019).

11. The parties dispute Meredith’s average annual income between 2008 and 2015. Wang

claims the couple’s tax filings indicate an average of $756,324.37. Mot. at 2 (Oct. 29,

2018). Meredith counters that during those years his employer offered a tax indemnity,

reducing his actual income from $600,000 to $715,000 per year. Meredith Decl. ¶ 5 (Dec.

28, 2018). DM0435-is DECISION AND ORDER RE MOTION FOR SPOUSAL Page 3 SUPPORT AND ATTORNEYS’ FEES

12. from 2015 to around 2017, Meredith worked in Qatar. His income is unknown for 2016.

13. Meredith claims that he earned $145,000 in 2017. Meredith Deci. ¶ 13.

14. Around June 2018, Meredith obtained employment with a law firm in Shanghai. In 2018,

he earned approximately $253,000 before taxes or $18,000 per month. Meredith Deci. ¶

6; Opp’n to Mot. at 1 (Dec. 28, 2018). He estimates a 40-50% tax obligation.

15. On March 14, 2019, Meredith resigned from his job in Shanghai. At the time of the

hearing on the Motion, he was unemployed. Meredith Test.

16. His income for the two months he worked in 2019 was approximately 1/6 of $300,000 to

$315,000, before taxes, for a total of $50,000 to $52,500. Meredith Test.

17. Wang graduated in 1991 with a Master’s Degree in Financial Management. Wang Reply

Decl. (Jan. 2, 2019). She speaks fluent Chinese and English.

18. She worked at a bank until December 31, 2004, when the parties moved to China for

Meredith’s job opportunity. Mot. at 3; Wang Deci. ¶ 7 (Dec. 28, 2018).

19. Once the parties moved, they agreed that Wang would stay at home and take care of

Dylan. Wang Test.; Meredith Test.

20. In 2013, Meredith sold community real property--a house located in New Jersey--for

approximately $419,014.96. The parties equally split the proceeds of the sale. Meredith

Test.; Wang Test.

21. In 2018, Meredith sold community real property--three condominiums in Florida--for

approximately $415,000. Meredith kept 100% of the proceeds. Meredith Test.

22. Meredith claims he currently has approximately $400,000 to $600,000 in savings and

checkings accounts across the globe. Meredith Test. DM0435-18 DECISION AND ORDER RE MOTION FOR SPOUSAL Page 4 SUPPORT AND ATTORNEYS’ FEES

23. Meredith claims he has approximately $100,000 to $200,000 in various

investmentlbrokerage accounts. Meredith Test.

24. Meredith claims he has approximately $445,000 in a Northwestern Mutual Account.

Meredith Test.

25. The parties paid approximately $1,200,000 for two condominiums in Taiwan. Due to

Taiwan law prohibiting non-citizens from holding title to an encumbered property,

Meredith does not hold title to either condominium. Meredith Test.; Wang Test.

26. Wang and her mother have resided in one of the Taiwan condominiums since 2011.

27. She cares for and supports her 85-year-old mother.

28. Wang pays $3,500 per month out of her savings for the condominium. Thirteen years

remain on the mortgage. Wang Test.

29. Her monthly expenses also include $800 for electricity, water, phone, and gas; $250 for

the condominium’s management; and $125 for taxes. Wang Test.

30. Wang’s mother owns an apartment that she neither rents out or is attempting to sell. Wang

Test.

31. Wang sold the other Taiwan condominium in July 2017. She used the proceeds of the sale

to pay off the condominium’s mortgage and kept 100% of the remaining proceeds, which

amounted to approximately $51,000. Wang Test.

32. Wang’s total monthly expenses average to $4,675, not including health and medical care,

insurance, transportation, and continuing legal fees. Wang Reply Decl. ¶ 8.

33. Wang has paid over $5,000 in legal fees and expects her legal fees to continue at $2,500

per month. Wang Reply Dccl. ¶9. DM0435-is DECISiON AND ORDER RE MOTION FOR SPOUSAL Page 5 SUPPORT AND ATTORNEYS’ FEES

34. Wang has no income, and she has not received any money from Meredith since the

beginning of 2016. Instead, she uses her savings to pay for expenses.

35. Her savings are in two bank accounts. One account held the proceeds from the sale of the

parties’ New Jersey home, which amounted to approximately $219,000. Wang claims the

bank account now only has $139 due to college expenses for the parties’ son, mortgage

payments on the Taiwan condominiums, and various moving expenses. Wang Test.

36. Wang’s second bank account in China had a starting balance of $200,000. The balance

today is approximately $71,428 because of similar expenses. Wang claims the account

will be empty by the end of 2019 due to her current expenses. Wang Test.

37. Wang has incurred medical expenses in the past year. In October 2018, she suffered a

concussion which cost $200 in medical expenses. Wang also had surgery in February

2019 for the removal of a tumor on her thyroid, which cost approximately $3,000. Wang

claims her recovery will take three to six months. Wang Test.

II. CONCLUSIONS OF LAW & ORDER

1. “When an action for dissolution of marriage is pending, the court may, in its discretion,

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