Robinson v. Coughlin

Opinion

ZARELLA, J.

This appeal requires us to determine whether a transferee of fraudulently transferred assets may be required to pay damages under the Uniform Fraudulent Transfer Act (UFTA), General Statutes § 52-552a et seq., when the transferee reconveys those assets to the transferor and there is no claim that the assets depreciated in value between the time of the fraudulent transfer and the time of the reconveyance. We conclude that a transferee may not be held hable for damages under such circumstances. Accordingly, we affirm the judgment of the trial court.

The following facts and…