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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Torts: Fraudulent Transfer-Transfers to Corporate Owners-Standing

Torts: Fraudulent Transfer-Transfers to Corporate Owners-Standing

Plaintiff sued defendants, who operated an entity that sold plaintiff’s vehicle-service contracts. Although defendants agreed to pay a share of refunds for cancelled contracts, they failed to do so. Plaintiff alleged that defendants made transfers to themselves to render their business insolvent. The district court dismissed plaintiff’s Uniform Fraudulent Transfer Act claim, concluding that plaintiff ...
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