# Louisiana Man's Raising Cane's Stake Divided in Divorce

> Louisiana court rejects ex-wife's claim to husband's Raising Cane's stake after 2007 divorce settlement.
- Title: Louisiana Man's Raising Cane's Stake Divided in Divorce
- Summary: Louisiana court rejects ex-wife's claim to husband's Raising Cane's stake after 2007 divorce settlement.
- Keywords: louisiana, raising canes, divorce settlement, 2007, 2026 appeals court, john blackshear mcqueen, anne treme mcqueen, lloyd bartlett inc, raising canes restaurants llc, raising canes usa llc, raising canes franchising llc, india
- Source: Indiatimes — https://timesofindia.indiatimes.com/world/us/a-louisiana-man-acquired-an-early-stake-linked-to-raising-canes-before-marrying-in-2001-after-their-2007-divorce-settlement-his-former-wife-sought-a-share-of-the-interests-but-a-2026-appeals-court-rejected-her-claim/articleshow/135672349.cms
- Author: TOI World Desk
- Published: 2026-11-10T20:30:00+00:00
- Read time: 1 min
- Topics: louisiana, raising canes, divorce settlement, 2007, 2026 appeals court, john blackshear mcqueen, anne treme mcqueen, lloyd bartlett inc, raising canes restaurants llc, raising canes usa llc, raising canes franchising llc, india
## Early Business Stake
A Louisiana man acquired 10,000 preferred shares in Lloyd Bartlett, Inc. before marrying in 2001.
## Marriage and Restructuring
The couple married on October 20, 2001, followed by a business restructuring in November 2001.
## Business Restructuring Details
New LB, Inc. was established in November 2001, merging Lloyd Bartlett, Inc. and creating three Raising Cane's LLCs.
## Post-Restructuring Ownership
John received a 2% stake in the corporation and 1% interest in each of three Raising Cane's LLCs.
## 2007 Divorce Settlement
The couple finalized a consent judgment on October 24, 2007, dividing community property without naming business interests.
## Ex-Wife's Claim
Anne filed a motion in May 2025 seeking partition of property including Raising Cane's interests.
## Court's Interpretation
The court found the 2007 settlement already allocated property titled in each spouse's name, including business interests.
## Email Exchange
John's July 2007 email to his lawyer indicated minimal involvement for Anne in business matters.
## Appeals Court Ruling
The Louisiana Court of Appeal rejected Anne's attempt to reopen property division in 2026.
## Res Judicata Application
The court upheld res judicata law, stating the 2007 settlement resolved all business interest claims.
## No New Valuation
The court did not determine the financial value or classification of John's business interests.
## Final Decision
The November 6, 2026 ruling confirmed Anne cannot claim Raising Cane's stake through property division.
## Key takeaway

A 2026 appeals court upheld a 2007 divorce settlement that excluded Raising Cane's-related business interests from division, denying the ex-wife's claim to a share of her ex-husband's stake.