News

Today DeWitt LLP announced its partners, Robert Due and James Todd, obtained an award of more than $5 million in marital assets and $63,000 annually in permanent spousal maintenance on behalf of their client.

Due and Todd represented the respondent in an appeal of a district court’s valuation of marital property and an award of permanent spousal maintenance.

The petitioner argued his interest in a closely held business had a value of $138,418. Due and Todd contended the interest was worth $5,067,804.

In a decision by Presiding Judge Slieter and Judges Larkin and Halbrooks, the Minnesota Court of Appeals agreed with Due and Todd’s argument and affirmed the district court’s valuation of marital property and maintenance. The full decision can be viewed here.

Due, who tried the case and submitted the proposed findings, is a partner in DeWitt’s Minneapolis office Family Law practice group. He has substantial experience in high-net-worth cases involving complex assets that are difficult to value, such as closely held business entities, commercial real estate, and intellectual property. He earned a J.D., cum laude, from the University of Minnesota and a B.A., magna cum laude, from Carleton College. Due is admitted to practice in Minnesota, New York, and the U.S. District Court for the District of Minnesota.

Todd, who conducted the legal research and drafted most of the legal argument section of the brief on appeal, is a partner in DeWitt’s Minneapolis office practicing with the Family Law practice group. He has experience with a wide variety of family law cases, including the dissolution of complex marital estates, closely held business valuation disputes, spousal maintenance litigation, jurisdictional issues, contested custody disputes, and domestic abuse cases. He earned a J.D. and MBA, cum laude, from the University of St. Thomas and a B.A. from William & Mary University. He is admitted to practice in Minnesota.