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National News

The Times of India

National / The Times of India

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New York court upholds wife's $6.83m divorce award involving business stakes

In a recent high-profile divorce case, Shirley F. Atkins emerged victorious with a settlement of $6.83 million from James C. Atkins. The appeals court affirmed her entitlement to 22.5% of his business interests and stock sale proceeds. Both sides presented compelling arguments to adjust this percentage. Furthermore, the court ruled on tax responsibilities and payment structures, illustrating its power in equitable asset distribution during divorce proceedings.

23 Oct 2026 4:00 pm