Substantial indemnity costs denied where receiving party lacked fraudulent intent in fraudulent conveyance case.
The plaintiff sought costs on a substantial indemnity basis after successfully establishing at trial that the transfer of condominium sale proceeds to the defendant was a fraudulent conveyance.
The court rejected the request for substantial indemnity costs, finding no fraudulent intent on the part of the receiving defendant.
Costs were fixed on a partial indemnity basis at $62,000, factoring in a reduction for administrative work performed by counsel.
