Key legal question
Whether the old divorce maintenance award could be modified because of the husband’s changed financial situation
Extracted holding
Yes. The loss of almost all assets was an essential, lasting, and unforeseeable change, so the maintenance obligation could be limited and then end.
Extracted reasoning
Old maintenance awards are modifiable under prior law when circumstances change significantly, permanently, and unforeseeably; the husband’s inability to pay beyond March 2006 was established.