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MOTORWORLD, INC. v. BENKENDORF

No. A-64 September Term, 2015, No. 077009.

156 A.3d 1061 (2017)

228 N.J. 311

MOTORWORLD, INC., Plaintiff, v. William BENKENDORF, Gudrun Benkendorf, Benks Land Services, Inc., Defendants. Catherine E. Youngman, Chapter 7 Trustee for Carole Salkind, Plaintiff-Appellant, v. William Benkendorf, Gudrun Benkendorf, Benks Land Services, Inc., Defendants-Respondents.

Supreme Court of New Jersey.

Decided March 30, 2017.

Attorney(s) appearing for the Case

Andrew J. Karas argued the cause for appellant (Fox Rothschild and Forman Holt & Eliades attorneys); Mr. Karas and Joseph M. Cerra, on the briefs).

Diana C. Manning argued the cause for respondents (Bressler, Amery & Ross, attorneys; Ms. Manning and Benjamin J. DiLorenzo, on the brief).

The Uniform Fraudulent Transfer Act (UFTA), N.J.S.A. 25:2-20 to -34, provides that a transfer made by a debtor is constructively fraudulent as to a creditor whose claim arose before the transfer was made, if the debtor made the transfer without receiving "reasonably equivalent value" in...

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