Sullivan & Sons, Inc. v. Superior Dry Wall Systems Corp.

Appellate Division of the Supreme Court of New York

Sullivan & Sons, Inc. v. Superior Dry Wall Systems Corp.

109 A.D.2d 836, 486 N.Y.S.2d 360, 1985 N.Y. App. Div. LEXIS 47345

Appellate Division of the Supreme Court of the State of New York·Decided March 18, 1985·Published·Cited by 2 cases

Opinion

— In an action to set aside the transfer of certain real property, defendants appeal from a judgment of the Supreme Court, Westchester County (Burchell, J.), dated August 30, 1983, which, after a nonjury trial, inter alia, set aside the conveyance.

Judgment affirmed, with costs.

The transfer to Superior Carpentry Contractors, Inc. of certain real property amounted to a preferential transfer, in derogation of plaintiff’s rights, and thus lacked the indispensable element of good faith. Consequently, the conveyance was properly set aside (see, Debtor and Creditor Law §§ 272, 273; Laco X-Ray Sys. v Fingerhut, 88 AD2d 425, 432-433, lv dismissed 58 NY2d 970; Southern Indus. v Jeremias, 66 AD2d 178; Julien J. Studley, Inc. v Lefrak, 66 AD2d 208, 215, affd 48 NY2d 954). Mollen, P. J., Titone, Lazer and Thompson, JJ., concur.

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— In an action to set aside the transfer of certain real property, defendants appeal from a judgment of the Supreme Court, Westchester County (Burchell, J.), dated August 30, 1983, which, after a nonjury trial, inter alia, set aside the conveyance.

Judgment affirmed, with costs.

The transfer to Superior Carpentry Contractors, Inc. of certain real property amounted to a preferential transfer, in derogation of plaintiff’s rights, and thus lacked the indispensable element of good faith. Consequently, the conveyance was properly set aside (see, Debtor and Creditor Law §§ 272, 273; Laco X-Ray Sys. v Fingerhut, 88 AD2d 425, 432-433, lv dismissed 58 NY2d 970; Southern Indus. v Jeremias, 66 AD2d 178; Julien J. Studley, Inc. v Lefrak, 66 AD2d 208, 215, affd 48 NY2d 954). Mollen, P. J., Titone, Lazer and Thompson, JJ., concur.

Sullivan & Sons, Inc. v. Superior Dry Wall Systems Corp., 109 A.D.2d 836, 486 N.Y.S.2d 360, 1985 N.Y. App. Div. LEXIS 47345 (N.Y. Ct. App. 1985).

Pincite

109 A.D.2d 836 (Sullivan & Sons, Inc. v. Superior Dry Wall Systems Corp.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

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