[DOWNLOAD] "Yanka K. Ronga" by Supreme Court of New York # eBook PDF Kindle ePub Free

eBook details

Title: Yanka K. Ronga
Author : Supreme Court of New York
Release Date : January 07, 1983
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 52 KB

Description

In an action pursuant to article 10 of the Debtor and Creditor Law to set aside certain payments made by defendant Michael Chiusano on the ground that they constituted fraudulent conveyances, and to impress a constructive trust upon real property, which action was submitted on an agreed statement of facts, plaintiff appeals from a judgment of the Supreme Court, Suffolk County (Geiler, J.), dated September 9, 1982, which dismissed the complaint. Judgment affirmed, with costs. The payments in question were made by defendant Michael Chiusano in satisfaction of his liability as joint obligor on the mortgage. As such, they were in payment of an antecedent debt, and cannot constitute a fraudulent conveyance under section 273-a of the Debtor and Creditor Law (see Debtor and Creditor Law, Ãƒâ€šÃ‚Â§ 272, subd a; American Metal Finishers v Palleschi, 55 A.D.2d 499; Matter of International Ribbon Mills [Arjan Ribbons], 42 A.D.2d 354, revd on other grounds 36 N.Y.2d 121). Gibbons, J.P., O'Connor, Weinstein and Niehoff, JJ., concur.