ACLI Government Securities Inc. v. Rhoades
United States District Court for the Southern District of New York
653 F. Supp. 1388 (1987)
A conveyance made with actual intent to hinder, delay, or defraud a present or future creditor is a fraudulent conveyance.
Relevant Facts
Daniel Rhoades (defendant) conveyed his interest in jointly-owned real property to his sister for $1, immediately after a judgment was entered against him in a lawsuit by ACLI Government Securities Inc. (AGS) (plaintiff).
Issue
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Holding & Reasoning
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Concurrence
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Dissent
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Last updated:
December 8, 2023
Judicial Opinion
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Procedural History
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Citations
653 F. Supp. 1388 (1987)