Southern Industries, Inc. v. Jeremias

Decided 1978-12-29

Cited by 104 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

OPINION OF THE COURT Damiani, J. The principal issue in this case is whether a transfer of substantially all of the assets of an insolvent corporation to a director thereof in return for the satisfaction of an antecedent debt is barred by the fraudulent conveyance provisions of the Debtor and Creditor Law. We hold the transfer invalid. Ernest Jeremías was an officer, director and major…

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