United States Trust Co. of New York v. Herriott

By its amended action, United States Trust Company of New York (Trust Company) sought judgment against Richard L. Herriott (Herriott) and his wife, Aloise B. Herriott, on two promissory notes, 2 aggregating $450,000, plus interest, attorney’s fees and expenses of collection. The action also sought to set aside alleged fraudulent transfers of real and personal property made by one or the other of the Herriotts to various corporations or trusts under their control and to reach and apply the Herriotts’ interests in certain of those corporations and trusts. After answering to the merits, the…