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BANK OF COMMERCE v. ROSEMARY & THYME, INC.

Record No. 761502.

239 S.E.2d 909 (1978)

BANK OF COMMERCE v. ROSEMARY AND THYME, INC., et al.

Supreme Court of Virginia.

January 13, 1978.

Attorney(s) appearing for the Case

Jon Marsh Worden, Richmond (Cantor & Cantor, Richmond, on briefs), for appellant.

Edward T. Caton, Virginia Beach (Barry Randolph Koch, Richmond, on brief), for appellees.

Before I'ANSON, C. J., and CARRICO, HARRISON, COCHRAN, HARMAN and COMPTON, JJ.

COMPTON, Justice.

In this creditors' rights suit, we consider whether a fraudulent conveyance has been made by an insolvent corporation.

In March of 1976, appellant Bank of Commerce, the plaintiff below, filed a bill in equity against appellees Rosemary and Thyme, Inc., Edmund C. Ruffin, Nabil D. Kassir and Khalid A. Kassir seeking relief under Code § 55-80.1 Plaintiff, a creditor of Rosemary and Thyme, Inc., alleged that...

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