Estate of Harriott v. Central Carolina Surgical Eye Associates, P.A. (Lawyers Weekly No. 15-15-0413, 12 pp.) (Louis Bledsoe III, J.) 2015 NCBC 39 Holding: A law firm is not disqualified from representing a judgment creditor who alleges fraudulent transfer of ...

Tagged with: Disqualification Fraudulent Transfer

LSREF2 Island Holdings, Ltd, Inc. v. Planell (Lawyers Weekly No. 14-16-1043, 15 pp.) (Robert C. Hunter, J.) Appealed from Mecklenburg County Superior Court (James Morgan, J.) N.C. App. Unpub. Holding: Since only North Carolina courts have in rem jurisdiction over ...

Tagged with: Fraudulent Transfer

Wells Fargo, N.A. v. Triplett The plaintiff-bank alleges that, while Peggy Triplett and her husband owed the bank between two and four million dollars, Mrs. Triplett fraudulently transferred $8 million to the Peggy Ann Triplett Foundation. With respect to the bank’s fraudulent transfer claim, the Foundation is not entitled to indemnity or contribution from Mrs. Triplett’s estate or her trust.

Tagged with: Fraudulent Transfer

Johnson v. United States Since a final decision of the bankruptcy court has already determined that plaintiff received a fraudulent transfer from her husband of his million-dollar judgment against a former employer, the doctrines of res judicata and collateral estoppel make it appropriate for this court to reach the same conclusion.

Tagged with: Bankruptcy Civil Practice Fraudulent Transfer Res Judicata & Collateral Estoppel Taxation