Cadle Co. II v. Schellman

Defendant Mark Schellman 1 appeals and plaintiff cross-appeals from a judgment subjecting a houseboat and other equipment to execution on a prior judgment. We reverse in part on the appeal and affirm on the cross-appeal.

This case involves the application of the Fraudulent Transfers and Conveyances Act (Act). ORS 95.200 et seq. We review de novo, Allen v. Meinig, 109 Or App 341, 819 P2d 744 (1991), rev den 313 Or 209 (1992), and make the following findings. Defendant’s father, Armond, was president of and a major shareholder in Tantra, a corporation formed to engage in bridge demolition. In…