Fishy transfer wasn’t fraudulent

Trial Notebook

By Steven P. Garmisa

Hoey & Farina

Posted October 19, 2020 11:25 AM

This is the second of a two-part column. The first part published Friday.The Illinois Appellate Court provided two reasons for reversing a judgment for Oakridge Healthcare Center in a successor liability case where a Cook County judge invoked the general rule of nonliability for companies that acquire another firm’s assets: (1) a line of federal opinions that developed a special exception for discrimination cases and (2) the Illinois Fraudulent Transfer Act. Granting Oakridge Healthcare’s request for further …

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