ELLIOT & CALLAN, INC. v. Crofton

FINDINGS OF FACT AND CONCLUSIONS OF LAW

PATRICK J. SCHILTZ, District Judge.

Plaintiff Elliot & Callan, Inc. (“E & C”) brings suit against defendant Luther Allan Crofton under the Uniform Fraudulent Transfer Act (“UFTA”), Minn.Stat. § 513.41 et seq. E & C’s claim was tried to the Court on July 15 and July 17, 2008. Having heard the evidence and the arguments of counsel, and having worked its way through the voluminous financial documents introduced into evidence at trial, the Court makes the following findings of fact and conclusions of law pursuant to Fed.R.Civ.P. 52(a).

I. FINDINGS OF FACT

A.…