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Elder v. Greer (In re Sand Hill Capital Partners III LLC)

Elder v. Greer (In re Sand Hill Capital Partners III LLC)

Ruling
Motion to dismiss fraudulent transfer claims granted with leave to amend all but claim that was time barred.
Procedural posture

Chapter 7 trustee brought adversary proceedings against a number of defendants, alleged to be transferees. The Trustee alleged, among a number of other matters, intentional and constructively fraudulent transfers under the California Uniform Fraudulent Transfer Act (UFTA). Before the court was defendants' Fed. R. Civ. P. 12(b)(6) motion to dismiss.

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Commercial opinion summary, case decided on October 25, 2010 , LexisNexis #1210-022