The plaintiffs brought motions arising from an ATM business dispute, unpaid unsecured promissory notes, and allegations that mortgages granted on a matrimonial home were fraudulent conveyances.
Applying the summary judgment framework, the court held there was no genuine issue requiring a trial on the promissory note claim or the fraudulent conveyance claim.
The court dissolved Mareva injunctions in both actions, finding the record did not satisfy the stringent test for pre-judgment asset-freezing relief.
The court granted summary judgment for $710,000 plus interest on the promissory notes against the business partners and their business entities, dismissed the fraudulent conveyance claims, and refused a certificate of pending litigation.
