The DC Court of Appeals in Gail v. Sherman, specifically addressed division of property created after separation and the formula used by the court to equitably distribute such property. Sherman had appealed the trial court decision granting her a sum of $40,000 for her equitable portion of the value of AutoBody that her husband Sherman had created after the couple had separated. Factually, parties had a business jointly owned and operated during their marriage called FuelLine and after separation both had agreed and via an agreement to bring that business to closure. Sherman thereafter started a new similar business referred
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