Springfield Oil Services, Inc. v. Conlon

Opinion

DRANGINIS, J.

The defendant, John Conlon, appeals from the judgment of the trial court, rendered after a trial to the court, in favor of the plaintiff, Springfield Oil Services, Inc. (Springfield Oil). On appeal, Conlon claims that the court improperly found that Springfield Oil proved by clear and convincing evidence that the assignment of promissory notes to it by its affiliate was fair.1 We agree and, accordingly, reverse the judgment of the trial court.

The relevant facts and procedural history are as follows. Harvest Oil Company (Harvest) was the general partner of a limited…