Daily Archives: Wednesday, March 4, 2020

Posted: March 4, 2020

Claim for Contrauctive Fraudulent Conveyance Does not Require Allegations of Scienter

On February 18, 2020, Justice Borrok of the New York County Commercial Division issued a decision in Acacia Invs., B.S.C.(C) v. West End Equity I, Ltd., 2020 NY Slip Op. 50222(U), holding that a claim for constructive fraudulent conveyance does not require allegations of scienter, explaining: Acacia also maintains that the Complaint fails to state... Read more »