Appellate Division of the Supreme Court of New York, 1995

IDC (Queens) Corp. v. Illuminating Experiences Inc.

IDC (Queens) Corp. v. Illuminating Experiences Inc.
Appellate Division of the Supreme Court of New York · Decided October 26, 1995
220 A.D.2d 337; 633 N.Y.S.2d 18; 1995 N.Y. App. Div. LEXIS 10355
IDC (Queens) Corp. v. Illuminating Experiences Inc.

Opinion of the Court

—Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered on or about July 22, 1994, which granted defendant’s motion to dismiss the complaint for failure to state a cause of action, unanimously affirmed, without costs.

The action was properly dismissed for failure to plead the alleged fraudulent conveyance with the requisite particularity (CPLR 3016 [b]). We note the absence of any specific allegation concerning the value of the transferred property or otherwise showing why the consideration given therefor was inadequate (see, e.g., Loblaw, Inc. v Wylie, 50 AD2d 4, 6; Polkowski v Mela, 143 AD2d 260, 262). Nor was a need for additional disclosure demonstrated (see, Glassman v Catli, 111 AD2d 744). Concur— Sullivan, J. P., Rosenberger, Ross, Asch and Nardelli, JJ.

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