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Savings clause to the Maine Uniform Fraudulent Transfer Act is triggered by discovery of the fraud, not discovery of the transfer
So holds the Maine Supreme Judicial Court, sitting as the Law Court, in today’s decision in State of Maine v. Tucci, 2019 ME 51, — A.3d —. Tucci was found to have fraudulently transferred property in 2009. More than six years later, the State of Maine filed a lawsuit against Tucci alleging that the transfers… Read more »
Docks and the law
Maine has no shortage of lakes and ponds—so many, in fact, that there are several thousand that do not even have a name. Naturally, swimming, boating, and kayaking/canoeing are popular activities, especially at the lakefront camp. Those water-dependent activities rely on docks and other improvements. But whether a property owner may construct a dock on… Read more »
Tyler Smith wins appeal in commercial mortgage lawsuit
Tyler Smith won an appeal to the Maine Supreme Judicial Court, sitting as the Law Court, overturning a trial court decision that had enforced an unfavorable lease-extension against the firm’s client until the year 2059. In fact, the Law Court did not just overturn the trial court’s decision granting summary judgment to the tenant; it went one… Read more »