Socrates v. Socrates, No. Fa-94-0542822-S (Jan. 14, 1998)

1998 Conn. Super. Ct. 1292
CourtConnecticut Superior Court
DecidedJanuary 14, 1998
DocketNo. FA-94-0542822-S
StatusUnpublished

This text of 1998 Conn. Super. Ct. 1292 (Socrates v. Socrates, No. Fa-94-0542822-S (Jan. 14, 1998)) 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
Socrates v. Socrates, No. Fa-94-0542822-S (Jan. 14, 1998), 1998 Conn. Super. Ct. 1292 (Colo. Ct. App. 1998).

Opinion

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.]MEMORANDUM OF DECISION I The Dissolution of the Marriage

This court finds that all of the allegations of plaintiff's complaint have been proven, that the marriage has broken down irretrievably, and the marriage is ordered dissolved for that reason.

II Conclusions of the Court Relating to Certain Property inCT Page 1293 Madras India

A. The Beach House

During the course of the trial plaintiff testified that defendant was the owner of a beach house in Madras, India which he had acquired in 1995 with a down payment of $50,000. Defendant testified that he had placed a deposit of $2,850 on such a cottage which was later returned to him about a year ago. Defendant's final words on this issue, as noted by the court, were "I don't own any beach property and have no objection to the court giving it to plaintiff." Plaintiff in her proposed orders requests that the court award her legal or equitable title to such property either by quitclaim deed from defendant or pursuant to Sec. 46b-81 C.G.S.

Inasmuch as defendant declares his willingness to convey to plaintiff title to a claimed non-existing beach house in India, and plaintiff in turn seeks an order of the court to that effect, this court orders that defendant quit claim any interest he may have in said property to plaintiff. Because of the ruling in Ivyv. Ivy, 183 Conn. 490, 492-3 (1981) this means of transferring title is ordered rather than by operation of Sec. 46b-81 C.G.S. See also Billington v. Billington, 220 Conn. 212 (1991) on the general subject of financial affidavits.

B. Hi Q Exchanges Private L.T.D. (hereinafter Hi Q)

This property in Madras, India in which defendant has a one third interest has been reported by him in his current financial affidavit as having no value. Plaintiff has hotly disputed defendant's opinion, and has requested that the court establish the value of this company.

A review of the court's notes on this subject reveals the following testimony by defendant: "I own 4000 shares in Hi-Q. I don't know how many shares are out. I own one third of the company. It is going to manufacture heat pipe and heat exchanges. We received a government loan from Tamil. I invested $11,050. It was incorporated in 1991. A building has been completed on the property. The company manufactures nothing new. The building is empty. The liabilities exceed the assets." Later defendant stated that there was "no production — no orders" at the present time. CT Page 1294

James Belfiore, a C.P.A. called by defendant, testified that he was defendant's accountant and that Hi-Q had no value at the present time. He stated further that the company had been financed by six investors and a guaranteed government loan.

Both the defendant and Mr. Belfiore were cross-examined at length by plaintiff's counsel.

On the evidence submitted the court finds that defendant's interest in Hi-Q has no present value.

C. Pre-Marital Property of the Parties

1. Plaintiff

The evidence indicates that plaintiff together with nine other siblings has an interest in the ancestral home in India. In addition, she and her daughter also own a home and two acres of land in India formerly owned by plaintiff's deceased first husband. These properties are found not to be part of the marital estate of the parties.

2. Defendant

Plaintiff testified briefly that defendant had an interest in a house and land in a village in India where his father resided. Defendant on his financial affidavit mentions his one sixth interest in the ancestral home. This property will not be considered part of the marital estate of the parties.

III The Marital Estate of the Parties

Plaintiff

16 Hearthstone Drive value $170,000 Simsbury, CT Less 1st mtg 63,667 Less 2nd mtg 39,731 ------ -103,398 _________ Total Equity 66,602 One Half Interest $33,301 $33,301 1997 Toyota RAV4 (leased) — Bank accounts 640 CT Page 1295 Household furniture, jewelry, etc. — Life insurance. Bristol Hosp. F.V. $80,000 C.S.V. — Bristol Hospital Pension 13,262 Fleet I.R.A. 6,600 ------ Sub-Total $53,803Defendant

One half interest in equity in family home $33,301 1989 Volvo 740 Wagon 2,500 Household furniture, etc. — Bank account — Webster 6,093 1000 shares East West Traders 50,000 Hi-Q Exchanges — Private Ltd. — Note from East-West Traders 23,884 Life Insurance-Northwest F.V. $115,000 C.S.V. — ------ Sub-Total $115,778 Total Marital Estate $169,581

IV The Evaluation of the Evidence in Accordance with the Provisions of Sec. 46b-81c C.G.S.

A. General Background Information

The plaintiff wife, who is fifty one years of age, and the defendant husband, who is forty six, were married on April 19, 1976 in Madras, India. This was the defendant's first marriage and the plaintiff's second, her first husband having died in 1971. Plaintiff had one child from her first marriage, a daughter Marla, now twenty seven years of age. Marla had graduated from the University of Connecticut with a degree in biology and is presently an electronic administrator for a local insurance company and residing in Windsor Locks. There are two children of this marriage, a son Aristotle, now twenty years old and a junior at Columbia University where he is majoring in engineering, and a daughter Thenral, age eighteen, who is presently attending a medical school in India.

Both of the parties are well educated. Plaintiff obtained a B.S. degree in 1974 after receiving prior degrees in nursing and midwifery. Defendant for his part received a B.S. degree in mechanical engineering from Annamalai University in 1972 while in India and later obtained a M.A. degree in nuclear engineering from Columbia University in 1979. CT Page 1296

After leaving India the parties first settled in New York in 1976. Plaintiff secured employment as a nurse and supported the family while defendant continued his studies at Columbia University. After defendant completed his studies in 1979 the family moved to Richmond, Virginia, where defendant had obtained employment as an engineer at a utility company where he earned $20,000 annually. Plaintiff, whose annual income as a nurse in New York was $22,000, was able to secure similar employment in Richmond where her annual income was $20,000.

In 1982, after defendant was offered employment at Combustion Engineering (now A.B.B.) The parties moved to Connecticut where they purchased a house in Simsbury.

Defendant earned about $27,000 per year at A.B.B. while plaintiff again managed to secure nursing employment at Mt.

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Related

Ivey v. Ivey
439 A.2d 425 (Supreme Court of Connecticut, 1981)
Billington v. Billington
595 A.2d 1377 (Supreme Court of Connecticut, 1991)

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1998 Conn. Super. Ct. 1292, Counsel Stack Legal Research, https://law.counselstack.com/opinion/socrates-v-socrates-no-fa-94-0542822-s-jan-14-1998-connsuperct-1998.