McGuigan v. Heuer
North Dakota Supreme Court
1Opinion of the Court
A creditor as defined by the laws of this state includes the holder of every possible claim that may be discharged by the payment of money and that may be made the basis of a judgment for money. Griffin v. Allis-Chalmers Mfg. Co. 65 N.D. 379, 259 N.W. 89; Soly v. Aasen, 10 N.D. 108, 86 N.W. 108.
It is not the consideration but the intent that determines whether the transfer is valid as to creditors. Sheridan v. McCormick, 39 N.D. 641, 168 N.W. 59, 8 A.L.R. 523.
Even an adequate consideration will not sustain a transfer made with intent to defraud, nevertheless, the lack of such consideration is…
2Cases cited39 opinions
- Souverbye v. ArdenNew York Court of Chancery · 1814
- Arnegaard v. ArnegaardNorth Dakota Supreme Court · 1898
- Wallace v. . BerdellNew York Court of Appeals · 1884
- Andersen v. ReslerNorth Dakota Supreme Court · 1929
- Dalrymple v. Security Loan & Trust Co.North Dakota Supreme Court · 1900
34 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Adams v. Little Missouri Minerals AssociationNorth Dakota Supreme Court · 1966
- Rozan v. RozanNorth Dakota Supreme Court · 1964
- McDonald v. MillerNorth Dakota Supreme Court · 1944
- Shuck Ex Rel. Shuck v. ShuckNorth Dakota Supreme Court · 1950
- Nord v. NordNorth Dakota Supreme Court · 1938
10 more not listed; retrieve them via the Exa API.