Krebs v. Lay

In his complaint plaintiff, a judgment creditor of defendant Edward H. Lay, alleged that defendants had fraudulently conspired to transfer assets from Edward H. Lay to his wife, defendant Nola I. Lay, and that Nola Lay secreted earnings derived from the use of such assets and surreptitiously paid them to Edward Lay. A jury trial resulted in a verdict for plaintiff; defendants appeal. A recital of the facts will precede a statement of the issue to be decided. We will refer to defendants as Edward and Nola. If we cannot specify with exactness some of the facts it is because the evidence, in…