S.J. HOLDING CO., INC. v. KADCO, INC.

1012272.

874 So.2d 1036 (2003)

S.J. HOLDING COMPANY, INC. v. KADCO, INC.

Supreme Court of Alabama.

Rehearing Denied August 15, 2003.


Attorney(s) appearing for the Case

Jack E. Held and Anthony R. Smith of Sirote & Permutt, P.C., Birmingham, for appellant.

Jesse P. Evans of Lange, Simpson, Robinson & Somerville, LLP, Birmingham, for appellee.


MADDOX, Retired Justice.

This case involves an alleged fraudulent transfer of property; the issue presented is whether the grantor, the receiver of an insolvent insurance company who transferred property of the receivership as authorized by a court order, was a "debtor" within the meaning of that term under the provisions of the Alabama Uniform Fraudulent Transfer Act ("AUFTA"), §§ 8-9A-1 to -12, Ala.Code 1975.

On January 6, 1999, S.J. Holding, Inc...

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