At 1:30 the Miss.S.Ct. will hear the appeal of a divorce case where the notice of appeal was filed in November of 2013: Floyd Austin v. Pamela Austin.
The two were married in 1997 and separated in 2007. Starting out, Pam worked as a part time hair dresser for $200 a week and Floyd was a food service worker. Because he has a disablity, retinitis pigmentosa that has rendered him blind, he eventually was given priority in the federal bid process and parlayed that into a $100 million dollar business that included the companies AA Food Services, Inc., Austin & Associates, Inc., and PKA Services, Inc., which provide food services at military installations across the United States and the world. The chancellor entered a temporary order on October 9, 2007 awarding Pamela possession of the marital home during the pendency of the divorce proceeding, the sum of $10,000.00 per month in temporary support, health insurance, etc. The chancellor thereafter used that date for the determination of marital and non-marital property. At the end, the chancellor awarded Pamela the cash sum of $1,162,997.50 reduced by $6,675.00 in expert fees paid by Austin.
Both parties appealed. Floyd takes issue with the date chosen by the chancellor for determining the value of and distribution of marital assets. Pamela complains that the chancellor failed to take into account marital waste: namely $2 million that Floyd gave his sons who took over the various food businesses.
Watch the argument here