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NAT. WESTMINSTER v. ANDERS ENGIN.

289 N.J. Super. 602 (1996)

674 A.2d 638

NATIONAL WESTMINSTER BANK NJ, PLAINTIFF-RESPONDENT, v. ANDERS ENGINEERING, INC. AND GEORGE CHAJKOWSKY, DEFENDANTS-APPELLANTS, AND EVANS-KNOTT II, A NEW JERSEY GENERAL PARTNERSHIP; JONATHAN L. EVANS AND JOHN E. KNOTT, DEFENDANTS.

Superior Court of New Jersey, Appellate Division.

Decided April 23, 1996.

Attorney(s) appearing for the Case

Ridgway, Ridgway & Stayton, attorneys for appellants (Herbert J. Stayton, Jr., on the brief).

Horn, Goldberg, Gorny, Daniels, Plackter & Weiss, attorneys for respondent (Joseph M. Garemore, on the brief).

Before Judges LANDAU, KLEINER and HUMPHREYS.

HUMPHREYS, J.A.D.

Evans-Knott II ("E & K"), a general partnership, transferred real property while insolvent to Anders Engineering, Inc. ("Anders"). According to the deed, the consideration was "debt forgiveness." Thereafter, Anders conveyed the real property to its principal shareholder, George Chajkowsky for $55,000.00. Plaintiff, a creditor of E & K, obtained a summary judgment against Anders and Chajkowsky on the ground that both transfers were fraudulent...

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