Buck Creek Industries, Inc. v. Alcon Construction, Inc.

MEMORANDUM OPINION

McFADDEN, Chief Judge.

This action seeks damages resulting from the transfer of a construction contract by defendant, Alcon Construction, Inc. to defendant, Robert L. Martin Building Company, Inc. Plaintiff asserts that the transfer was made with the intent to hinder, delay or defraud plaintiff in the collection of its judgment obtained against Alcon in an earlier suit.

On March 19, 1975, Alcon and The Baptist Home for Senior Citizens, Inc. entered into a contract for construction work for a sum in excess of $700,000. The Home made two payments to Alcon on or before May 26,…