UNDERWOOD v. UNDERWOOD

No. CV-20-606.

2024 Ark.App. 51

JODY UNDERWOOD, INDIVIDUALLY AND AS A SHAREHOLDER AND MEMBER OF CONWAY PRECISION PRODUCTS, INC., Appellant/Cross-Appellee, v. JEFFREY S. UNDERWOOD AND CONWAY PRECISION PRODUCTS, INC. Appellees/Cross-Appellants.

Court of Appeals of Arkansas, Division III.

Opinion Delivered January 24, 2024.


Attorney(s) appearing for the Case

Newland & Associates, PLLC by: Joel Hoover and Ashley D. Peoples , for appellant/cross-appellee.

The Jiles Firm, P.A. by: Gary D. Jiles and Matthew K. Brown , for appellees/cross-appellants.


I. Introduction

This case is a business dispute between an ex-husband and his ex-wife. Conway Precision Products, Inc. ("CPPI"), was purchased by Jeff Underwood while he and Jody Underwood were married, at which point Jeff was the sole shareholder, director, and officer of the company. When the couple divorced...

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