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In re the Marriage of Baedke
Heather Jo Baedke, Petitioner-Appellee/Cross-Appellant
Jon Michael Baedke, Respondent-Appellant/Cross-Appellee
Attorney for Appellant
Brian J. Humke and Logan J. Eliasen
Attorney for Appellee
Vicki R. Copeland
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Webster County, Christopher C. Polking, Judge. AFFIRMED ON APPEAL AND CROSS-APPEAL. Considered by Buller, P.J., Langholz, J., and Bower, S.J. Opinion by Langholz, J. (12 pages)
Jon and Heather Baedke both appeal the decree dissolving their marriage. Jon challenges the spousal-support award. Heather challenges the property division, arguing that the court improperly valued their closely held business by including a ten-percent marketability discount and failed to award interest from the date of the decree on the five annual equalization payments. OPINION HOLDS: Giving the court’s decision the deference it deserves, we cannot say the spousal support fails to do equity. The court’s valuation of the business, including the marketability discount, was within the range of permissible evidence. And neither equity nor Iowa law requires interest on installment equalization payments to begin accruing on the date of the decree. We decline to award Heather appellate attorney fees.
