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IDC (Queens) Corp. v. Illuminating Experiences Inc.

220 A.D.2d 337 Court N.Y. App. Div. Decision date 1995-10-26 English

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p. 337
IDC (Queens) Corp., Appellant, v Illuminating Experiences, Inc., Respondent.
[633 NYS2d 18]

—Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered on or about July 22, 1994, which granted defendant’s motion to dismiss the complaint for failure to state a cause of action, unanimously affirmed, without costs.

The action was properly dismissed for failure to plead the alleged fraudulent conveyance with the requisite particularity (CPLR 3016 [b]). We note the absence of any specific allegation concerning the value of the transferred property or otherwise showing why the consideration given therefor was inadequate (see, e.g., Loblaw, Inc. v Wylie, 50 AD2d 4 , 6; Polkowski v Mela, 143 AD2d 260 , 262). Nor was a need for additional disclosure demonstrated (see, Glassman v Catli, 111 AD2d 744 ). Concur— Sullivan, J. P., Rosenberger, Ross, Asch and Nardelli, JJ.

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