- 22 - The record here leaves much to be desired.8 Nevertheless, stipulated facts and exhibits confirm petitioner’s testimony that the deposit was received from her, John Richards paid a portion of the purchase price of the property, and none of the purchase price came from Steven. We think the following to be fair inferences from the record, and we so find: Petitioner contributed her own money to the Pelican Avenue transaction. She contributed that money on her own behalf; she did not make a loan to Steven. John Richards and petitioner’s father-in-law likewise contributed their own moneys in their own interest (and not as loans to Steven). Steven contributed no money, but, nonetheless, 8 In part, that may be due to the fact that respondent waited until the start of the trial to add Fla. Stat. sec. 726.105(1) (actual intent to defraud or lack of fair consideration) to Fla. Stat. sec. 726.106(1) (insolvency) as the basis for his claim that the Pelican Avenue property was fraudulently transferred to petitioner. While respondent must have believed that he could prove fraudulent intent from the stipulated facts, petitioner appears to have been caught off guard by that addition to respondent’s claim. Our review of petitioner’s direct testimony convinces us that she had given no consideration to the relationship between the stipulated facts and the elements of the fraudulent intent claim. No doubt, that is because, until the start of the trial, respondent’s trial memorandum had not informed her of that claim. Her direct testimony was principally in rebuttal to the claim that Steven was insolvent. Indeed, much of the testimony from which we construct the Pelican Avenue transaction came during respondent’s cross-examination of petitioner. In part, we accord her testimony credibility because of its spontaneous nature.Page: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Next
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