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PALESTINE MONETARY AUTHORITY v. STRACHMAN

2508, 107777/05, 2509, 105521/05, 2509A.

72 A.D.3d 461 (2010)

897 N.Y.S.2d 627

PALESTINE MONETARY AUTHORITY, Appellant, v. DAVID STRACHMAN, as Administrator of the Estate of YARON UNGAR, Deceased, et al., Respondents. ESTATE OF YARON UNGAR, Deceased, et al., Respondents, v. THE PALESTINIAN AUTHORITY, Defendant.

Appellate Division of the Supreme Court of New York, First Department.

Decided April 6, 2010.

The only issue before us regarding fraudulent conveyance in the prior appeal (Palestine Monetary Auth. v Strachman, 62 A.D.3d 213 [2009]) was whether the IAS court erred in denying the Ungars' motion for leave to amend their pleading to add a fraudulent conveyance claim (see id. at 221). Thus, we did not find that the Palestinian Authority's (PA) waiver of its right to the PMA's 2005 net profits actually constituted a...

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