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200112437
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Last modified
10/14/2011 1:27:33 PM
Creation date
10/20/2005 11:31:02 PM
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DEEDS
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200112437
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8 <br />200112437 <br />1. By Decree of Dissolution entered August 8, 1990, Judge William Riley <br />in Paragraph (c) divided the real property but did not specifically name the real <br />property upon which the Ideal Cleaners business sits. In Paragraph (j) of his <br />Decree Judge Riley awarded - "the parties interest in Ideal Cleaners of Grand <br />Island, Inc." subject to all indebtedness to the husband. In its findings Judge <br />Riley put a valuation specifically on the Ideal Cleaners business and the parties <br />interest therein. <br />2. The file is replete with post Decree actions by both parties including <br />appeals to the Nebraska State Court of Appeals and the Nebraska State Supreme <br />Court and nowhere within the evidence and court documents does it appear that <br />there is a dispute raised by either of the parties concerning whether in fact the <br />Decree of Dissolution transferred title to the real estate that Ideal Cleaners sits <br />on to the Respondent. In fact, when the matter was tried in the Nebraska State <br />Court of Appeals, in its opinion, the Court of Appeals at Page 8 states "The trial <br />court found the net value of Ideal Cleaners and, presumably, the land to be <br />$1501000." <br />3. The Decree of Dissolution values specifically the items of property <br />transferred and divided and if an item of property, or its value was omitted in <br />the Decree it can only be presumed that this matter would have been raised in <br />the subsequent appeals and motions filed. <br />4. This Court can only assume that Judge Riley, in his Decree of <br />Dissolution transferred title to the land upon which Ideal Cleaners sits to the <br />Respondent when he transferred "the net value of the parties' interest in Ideal <br />6 <br />tf I OMOF I <br />
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