P.J.W. VS. E.B.W. (FM-18-0298-12, SOMERSET COUNTY AND STATEWIDE)

CourtNew Jersey Superior Court Appellate Division
DecidedNovember 16, 2020
DocketA-5308-18T3
StatusUnpublished

This text of P.J.W. VS. E.B.W. (FM-18-0298-12, SOMERSET COUNTY AND STATEWIDE) (P.J.W. VS. E.B.W. (FM-18-0298-12, SOMERSET COUNTY AND STATEWIDE)) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
P.J.W. VS. E.B.W. (FM-18-0298-12, SOMERSET COUNTY AND STATEWIDE), (N.J. Ct. App. 2020).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-5308-18T3

P.J.W.,

Plaintiff-Respondent/ Cross-Appellant,

v.

E.B.W.,

Defendant-Appellant/ Cross-Respondent. ________________________

Argued September 22, 2020 – Decided November 16, 2020

Before Judges Gilson, Moynihan, and Gummer.

On appeal from the Superior Court of New Jersey, Chancery Division, Family Part, Somerset County, Docket No. FM-18-0298-12.

Richard S. Diamond argued the cause for appellant (Diamond & Diamond, P.A., attorneys; Richard S. Diamond, Lynn Matits Gianforte, and Samuel J. Berse, on the briefs).

Andrew M. Shaw argued the cause for respondent.

PER CURIAM This appeal involves disputes concerning alimony, child support, and

attorney's fees that arose after the parties were divorced. Defendant, the former

wife, appeals from a June 28, 2019 order that reduced the former husband's

alimony obligations due to a change of employment and a related reduction in

his compensation. 1 Plaintiff cross-appeals from the same order, contending that

his child-support obligation should have ended when their unemancipated child

came to live with him and that he was entitled to reimbursement for child support

paid while the child was living with him. He also challenges the denial of his

request for attorney's fees.

The order being appealed was entered after a plenary hearing. Having

reviewed the extensive record and applicable law, we discern no error in the

decisions concerning alimony and attorney's fees. We reverse the provision of

the order concerning child support because the family court failed to set forth

its findings of fact and conclusions of law on that issue. Accordingly, we

remand that issue.

1 We use initials in the caption to protect the privacy of the litigants and preserve the confidentiality of certain records because we discuss some of their financial circumstances. See R. 1:38-3(d). A-5308-18T3 2 I.

The parties were married in 1993 and, twenty years later, in 2013 they

divorced. They have two children: a son who is emancipated and a daughter

who was born in January 2001 and is currently attending college.

Plaintiff filed for divorce in 2011. After two years of litigation, the parties

negotiated and entered into a Support and Equitable Distribution Agreement (the

Support Agreement), which was incorporated into their final judgment of

divorce. Under the Support Agreement, plaintiff agreed to pay defendant

permanent alimony "consisting of 25% of husband's total gross compensation

up to a total of [$]1,250,000.00 per annum."

At the time of the divorce, plaintiff was a senior executive at Barclays

Bank (Barclays). His total gross compensation in the last four years of the

marriage averaged over $910,000. Plaintiff received various forms of

compensation, some of which were fixed and some of which were discretionary

or based on his performance. The parties agreed that plaintiff would pay twenty-

five percent of his fixed compensation of $420,000 (that was $105,000) in bi-

monthly payments of $4375. Plaintiff was also obligated to pay defendant

twenty-five percent of his remaining gross compensation within five business

days of his receipt of such additional compensation. The Support Agreement

A-5308-18T3 3 also provided that either party could seek to modify the alimony if there was a

"material change" in his or her financial circumstances.

In addition, the Support Agreement required plaintiff to pay defendant

child support. Like alimony, plaintiff paid child support in fixed and variable

amounts. The Support Agreement provided that when their son started college,

plaintiff would make a monthly payment of $880 based on his fixed income of

$420,000. Plaintiff was also required to make additional child-support payments

of four percent of his gross compensation above $420,000. Additionally,

plaintiff was responsible for paying 72.5% of the children's various expenses,

including extracurricular and college expenses.

Plaintiff has a master's degree in computer science and has held a variety

of positions dealing with computer technology applied to finance. In 2008,

plaintiff became a senior executive at Barclays, where he was responsible for

managing the bank's electronic trading. In 2013, he held the position of

Managing Director of Capital Markets Technology for Barclays.

In the five years following the parties' divorce (2013 to 2017), plaintiff's

annual income from Barclays ranged between just over $714,000 to just over

$973,000. Accordingly, his annual income from Barclays averaged over

A-5308-18T3 4 $850,000 per year. Through 2016, plaintiff paid defendant alimony in the

amount of twenty-five percent of his gross compensation.

In October 2017, plaintiff was notified that he was being fired from

Barclays effective January 5, 2018. Plaintiff began to search for a new job and

in February 2018 accepted a position as Director of Software Engineering for

AlphaPoint, a start-up blockchain company. His base annual salary at

AlphaPoint was $200,000, with the potential for bonuses.

In April 2018, plaintiff moved to reduce his alimony and child support

based on his decreased income. The family court found that plaintiff had made

a prima facie showing of a change of circumstances, authorized the parties to

conduct discovery, and scheduled the matter for a plenary hearing.

Thereafter, both parties engaged in discovery and retained employment

experts. The plenary hearing began in March 2019.

Meanwhile, plaintiff reinitiated his search for employment. In April 2019,

plaintiff left AlphaPoint and accepted the position of Capital Markets

Technology Manager with Wells Fargo Bank. Plaintiff's annual salary at Wells

Fargo is $265,000, and he has the potential for bonuses and stock options.

Plaintiff continued to work for Wells Fargo through June 2019, when the family

court issued the order on appeal.

A-5308-18T3 5 After plaintiff took the position with Wells Fargo, the family court

allowed the parties to engage in supplemental discovery. Each employment

expert submitted an additional report addressing plaintiff's employment at Wells

Fargo.

As already noted, the plenary hearing began in March 2019 and was

conducted on five days between March and June 2019. The family court heard

testimony from both parties and their employment experts. Plaintiff's expert

was Dr. Daniel Wolstein, and defendant's expert was Dr. David Stein.

Plaintiff testified that he conducted his post-Barclays employment

searches in two phases: (1) October 2017 into February 2018; and (2) December

2018 into April 2019. He explained that he used recruiters, his professional

network, and directly applied to positions posted on the internet. Between

October 2017 and February 2018, he applied for over thirty positions and

received three offers with salaries ranging between $120,000 to $200,000.

Plaintiff accepted the position at AlphaPoint in February 2018. He

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P.J.W. VS. E.B.W. (FM-18-0298-12, SOMERSET COUNTY AND STATEWIDE), Counsel Stack Legal Research, https://law.counselstack.com/opinion/pjw-vs-ebw-fm-18-0298-12-somerset-county-and-statewide-njsuperctappdiv-2020.