-7-
OMCC and other real property interests; (d) Bob, Byron, Owen, and
petitioner fraudulently conveyed certain assets and used OMCC’s
ongoing business operations to conceal Bob’s and Byron’s
interests in OMCC; and (e) all the defendants were unjustly
enriched by the foregoing actions. The Government requested,
inter alia, that the District Court: (a) Enter an order setting
aside the alleged fraudulent conveyances of property involving
OMCC and directing an accounting of Bob’s and Byron’s interests
in OMCC; and (b) impose a constructive trust on all the
defendants’ property to the extent of their unjust enrichment or
the interest of the United States. Petitioner filed an answer
and affirmative defenses denying that she had engaged in the
alleged conspiracy or any fraudulent conveyances.
On April 9, 1997, the District Court granted partial summary
judgment for the Government on count I and held that Bob, Byron,
Ann, and Cook Farms were liable for the full amount of unpaid
farm loans, plus interest.
On June 16, 1997, the Government filed a second amended
complaint. In it OMCC was not named as a defendant, but the
Government requested that the District Court enter a judgment
against petitioner and OMCC, jointly and severally, for the full
amount of the farm loan debt.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011