Berdoll v. Sobik's Franchises, Inc.

W. SHARP, Judge.

The Berdolls appeal from a final judgment in favor of Sobik’s Franchises, Inc. The Berdolls, who are judgment creditors of So-bik’s Franchises, moved to set certain transfers by Sobik’s Franchises as fraudulent. The trial court found no evidence of fraud and that Sobik’s Franchises had received reasonably equivalent value for the transfers. We conclude that the record does not support the determination that Sobik’s Franchises received reasonably equivalent value for the transfers. Accordingly, we reverse.

In the 1980s, the Berdolls entered into franchise agreements with Sobik’s…