IDC (Queens) Corp. v. Illuminating Experiences Inc.

220 A.D.2d 337, 633 N.Y.S.2d 18, 1995 N.Y. App. Div. LEXIS 10355

Opinion

—Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered on or about July 22, 1994, which granted defendant’s motion to dismiss the complaint for failure to state a cause of action, unanimously affirmed, without costs.

The action was properly dismissed for failure to plead the alleged fraudulent conveyance with the requisite particularity (CPLR 3016 [b]). We note the absence of any specific allegation concerning the value of the transferred property or otherwise showing why the consideration given therefor was inadequate (see, e.g., Loblaw, Inc. v Wylie, 50 AD2d 4, 6; Polkowski v Mela, 143 AD2d 260, 262). Nor was a need for additional disclosure demonstrated (see, Glassman v Catli, 111 AD2d 744). Concur— Sullivan, J. P., Rosenberger, Ross, Asch and Nardelli, JJ.