The Arizona Court of Appeals on October 30, 2026, upheld the Maricopa County Superior Court's division of a couple’s three businesses and rejected the husband's claim to split $95,000 of alleged marital debt. The couple, married in September 2016, had built a namesake company, a Turo‑based car‑rental venture, and a second firm registered under the wife's name. The divorce was filed in December 2023, and a one‑day trial in Maricopa County determined the split of assets and debts.
The court accepted an expert’s valuation of the first company at $305,800, even though the husband withheld payroll records and tax forms that the examiner requested. He argued the company had no tangible assets and that the valuation over‑emphasized an unusually profitable year, but the judges found the expert’s methodology and documentation credible. The assessment incorporated goodwill, a factor the court said could carry substantial monetary value.
The Turo business, jointly owned but operated by the husband, involved cars purchased on loans that exceeded their market value, creating negative equity. The court split this negative equity, awarding the husband the vehicles and his extracted profits, while the wife was responsible for the remaining gap, offset by other property balances. The husband's claims that the wife had wasted marital funds were dismissed because he did not testify and his spreadsheets did not document such expenditures.
On the loan dispute, the husband sought an equal division of three personal loans totalling $95,000, citing Arizona law that normally shares debt incurred during marriage. The court found the loan documents, filed only a month before trial and lacking notarization, to be uncredible. Consequently, the court denied the split and also refused the wife’s request for attorney fees. The decision, issued as a memorandum, does not set binding precedent for future cases.