Halliburton Co. v. E.H. Owen Family Trust

Melvin Mayfield, Judge.

Appellant, Halliburton Company, appeals a decision of the Columbia County Chancery Court holding that certain conveyances made by E.H. Owen, individually, into the E.H. Owen Family Trust were void as to appellant. On appeal, as at trial, appellant contends that the trust was fraudulent, illusory, and created for an illegal purpose; therefore, the entire trust should have been declared void.

As stated by the chancellor in his letter opinion, the basic facts are as follows:

E.H. Owen is an individual who has been in the oil and gas business for many years. He has for some…