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AMERICAN OLEAN TILE CO. v. SCHULTZE

Docket No. AO25640.

169 Cal.App.3d 359 (1985)

215 Cal. Rptr. 184

AMERICAN OLEAN TILE COMPANY, Plaintiff and Appellant, v. HORST SCHULTZE et al., Defendants and Respondents.

Court of Appeals of California, First District, Division Five.

June 18, 1985.

Attorney(s) appearing for the Case

COUNSEL

Darrel Cameron Horsted and James W. Haworth for Plaintiff and Appellant.

John A. Cost and Parker S. Kelly for Defendants and Respondents.

OPINION

KING, J.

In this case we hold that after the execution of a valid marital settlement agreement, negotiated at arms' length and providing a community business is transferred to the spouse who had been exclusively operating it as his separate property, all obligations of the business incurred thereafter are the sole obligation of the recipient spouse, even though incurred before...

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