THE ROBING ROOM

Recently sat in on 2nd Circuit decision in NY on Fraudulent Transfer case 14 years in litigation where District Judge had flip flopped saying adequate info was there to establish cause of action for fraudulent transfer, but then mysteriously granted summary judgement to defendants. Appellate court with Honorable Judge Kravitz affirmed the NY District court but without opinion. Thus there was never any explanation for how if there is enough support for the claim it could be thrown out. The decision demanded an opinion but none was issued. Decision was rapid and just before Christmas.