The defendants moved to vacate a prior judgment and a notice of garnishment, arguing that the underlying debt had been fully satisfied pursuant to a subsequent settlement agreement.
The plaintiffs opposed and cross-moved to add the garnishees as defendants, alleging fraudulent preference.
The court found that the parties had entered into a valid settlement agreement and that the defendants had paid the settlement amount in full.
Consequently, the court vacated the judgments and the notice of garnishment, and dismissed the plaintiffs' cross-motion.
