MEMORANDUM OF DECISION AND ORDER
SPATT, District Judge.
This lawsuit arose out of claims by Phoenix General and Health Services, Inc. ("Phoenix" or the "plaintiff") that American Medical Diagnostic Corp. ("AMDC"), Fonar Corporation ("Fonar"), Raymond V. Damadian ("Damadian"), and Luciano Bonanni ("Bonanni") (collectively, the "defendants") fraudulently conveyed promissory notes, worth the approximate sum of $1.5 million, from AMDC to Fonar. In an...
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