Redemption Holdings, Inc. v. Government of the Virgin Islands

OPINION OF THE COURT

(July 18, 2016)

Hodge, Chief Justice.

A creditor alleges that a debtor fraudulently conveyed his right to redeem certain foreclosed real property to a closely-held corporation. Because multiple well-recognized “badges of *246fraud” arise from the conduct and circumstances in this case, we conclude that the debtor acted with actual intent to defraud the creditor by purposefully putting property out of the creditor’s reach, thereby causing the creditor harm. Therefore, we affirm the Superior Court’s February 27, 2015 judgment setting aside the conveyance of the debtor’s right of…