First National Bank of Seminole v. Hooper

OPINION

LARSEN, Justice.

In this fraudulent transfer case, First National Bank of Seminole appeals a $700,000 judgment for Sam P. Hooper, Mary Beth Hooper, and Hooper & Sons Investment Company, Inc. We affirm.

FACTS

This case involves a dispute between the Hoopers, judgment creditors of Ernest W. Thornton, and First National Bank of Seminole, a lending creditor of Thornton. Thornton, although a named defendant, did not appear at trial and is not a party to this appeal.

Between January 1990 and March 1992, the Bank loaned Thornton over $400,000 to purchase and operate the Owego Gathering System.…