Business Ownership vs. Business Value: What Is Actually Divided in a Divorce?

When a business owner goes through a divorce, one of the first concerns is often: “Will I lose my company?” A common misunderstanding is that the business itself—whether an LLC, corporation, or partnership—is treated as marital property. In practice, the distinction is more refined. Understanding the difference between the legal entity and the value it represents is critical when protecting your position. The Business Entity as a Separate Legal Structure Although a spouse’s interest [...]

Jenner & Block Secures Reversal of Wrongful DCFS Neglect Finding Against Domestic Violence Survivor

When a survivor of domestic violence was wrongly accused of neglect by the Illinois Department of Children and Family Services (DCFS), she faced an additional burden beyond the trauma she had already experienced. Stephanie Sebor, a partner at Jenner & Block, stepped in to challenge the allegation and correct the record. In November 2023, the client was assaulted in her home by her partner, who was also the father of her six-month-old daughter. Earlier [...]

Digital Assets in Divorce: New York Updates Financial Disclosure Forms for the Crypto Era

Recent developments in New York family law highlight a clear shift: marital wealth is no longer limited to traditional assets like bank accounts or real estate. Cryptocurrency, NFTs, and other digital holdings are increasingly part of the financial picture—and they are now being addressed more directly in divorce proceedings. To reflect this reality, New York has revised its core financial disclosure forms used in divorce cases to specifically require the reporting of digital assets. [...]
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