The applicant, a judgment creditor owed over $1.5 million by the respondent dentist, brought an application alleging that the respondent and others conspired to fraudulently convey his interest in several dental practices to a third-party corporation.
The applicant sought damages and a declaration that the sale was a conspiracy by unlawful means.
The court dismissed the application, finding that the sale was initiated by an arm's-length purchaser prior to the judgment, the consideration was consistent with standard industry practices, and there was no intent to defeat, hinder, delay, or defraud the applicant.
