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KIRKHART v. SAIEED

No. 9110SC507.

419 S.E.2d 580 (1992)

107 N.C. App. 293

H.C. KIRKHART, Plaintiff, v. Thomas A. SAIEED, Marilyn Saieed, and Saieed Construction Company, Inc., Defendants.

Court of Appeals of North Carolina.

August 18, 1992.

Attorney(s) appearing for the Case

Shipman & Lea by Jennifer L. Umbaugh, Wilmington, for plaintiff-appellant.

Mark C. Kirby, Raleigh, for defendants-appellees.

COZORT, Judge.

On 10 April 1989 plaintiff obtained judgment against defendants Thomas and Marilyn Saieed as guarantors on a defaulted promissory note. After learning that defendants Saieed had transferred 25,176 shares of stock in Saieed Construction Company (Company) back to the Company for the sum of $10.00, plaintiff then filed the present action for fraudulent conveyance of assets. On 9 March 1990 plaintiff served a Request for Documents. Defendants filed a motion...

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