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BOSTON TRADING GROUP, INC. v. BURNAZOS

Nos. 87-1169, 87-1170.

835 F.2d 1504 (1987)

BOSTON TRADING GROUP, INC., et al., Plaintiffs, Appellees, v. Robert A. BURNAZOS, et al., Defendants, Appellants. BOSTON TRADING GROUP, INC., et al., Plaintiffs, Appellants, v. Robert A. BURNAZOS, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided December 30, 1987.

Rehearing Denied February 2, 1988.

Attorney(s) appearing for the Case

Joel Z. Eigerman, P.C. with whom Ian Veitzer and McCormack & Putziger, Boston, Mass., were on brief, for Robert E. Burnazos, et al.

Michael A. Collora with whom Susan Hughes Banning and Hemenway & Barnes, Boston, Mass., were on brief, for Boston Trading Group, Inc., et al.

Before CAMPBELL, Chief Judge, GARTH, Senior Circuit Judge, and BREYER, Circuit Judge.

BREYER, Circuit Judge.

These cross appeals raise questions about the meaning of key provisions in a Massachusetts statute forbidding fraudulent conveyances. Mass.Gen.Laws ch. 109A, §§ 1-13 (1986). The statute, enacted in 1924, is a uniform state law that codifies both common and statutory law stretching back at least to 1571 and the Statute of Elizabeth. 13 Eliz. c. 5 (1571); see 1 G. Glenn, Fraudulent...

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