I've been through divorce in NY. This could be serious trouble.EricK wrote:Divorce
If Bucki purchased the moog inventory during the marriage, then that inventory is a marital asset and is vulnerable to being lost.
NY is a community property state which means in the event of a divorce the marital assets are to be divided 50/50 between the spouses. That means the wife could get possession of the moog inventory and sell it off. This could spell the end of modusonics. As had happened to me, the wife can lock you out and change the locks and there isn't a law that can fix that (but I won the divorce suit against her using cruel and inhuman treatment). If this were the case and the moog inventory is in her possession, she could sell it off and Bucki would have a hard time proving financial abuse to the courts.
I have seen wonderful businesses close because of this. There used to be a nice museum/studio near Orlando with a ton of vintage stuff, the owner had to sell it to fund his divorce.
It's too early to know what will happen. Unfortunately NY has a terrible divorce system that is rigged against men, as I found out the hard way. My gear was safe from the divorce because 99% of it was premarital and couldn't be touched (I got the gear out before she changed the locks), but it took me years to recover financially and emotionally from it. I had a real vindictive nutcase put me through the wringers.