Osgood v. Massachusetts Mutual Life Insurance

The bill contains no allegation that the defendant knew of, or participated in the alleged fraudulent purpose of the decedents, and the case must, therefore, be considered upon the assumption that it acted in good faith.

The law governing this case is found in B. L., c. 419 (The Uniform Fraudulent Conveyance Act), s. 4, which reads as follows: “4. Conveyance, by Insolvent. Every conveyance made and every obligation incurred by a person who is or will be thereby rendered insolvent is fraudulent as to creditors, without regard to his actual intent, if the conveyance is made or the obligation is…