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· 7/6/2017

NRP LLC I v. Elo Mgt. LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that CUFTA encompasses claims for constructive fraudulent transfer
  • positing that Defendants and their designees received $1,394,729 in distributions between 2012 and 2015
  • noting that the term “transfer” could 19 “hardly be defined more broadly”
  • applying agency principles and holding that “CUFTA’s requirement that the fraudulent transfer be ‘made by the debtor’ encompasses a transfer made by a debtor’s attorney-in-fact”
  • stating that, where an unjust enrichment claim is based on a benefit received by a third party rather than from a plaintiff, the plaintiff must show that it “has ‘a better legal or equitable right’ to the disputed benefit than the Defendant”
  • clarifying “that the CUFTA claim in this appeal does not allege that the defendant/agent is personally liable on the claim (i.e., the debt for [his mother’s] nursing home services) and hence legally is the debtor”

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.