Plaintiff Pierces Defendant’s “Corporate Veil” and Levies Against Real Estate

Our firm was retained to handle a breach of contract and fraud claim between two corporations regarding the sale of newspaper publications. We pierced the defendant’s “corporate veil” and obtained a jury verdict in the amount of $580,000.00. We also won a motion to award pre-judgment interest of almost $85,000.00. The judgment was affirmed on appeal in its entirety. We then moved to collect on the judgment through a citation to discover assets and were forced to file a complaint to set aside a fraudulent transfer of the defendant’s largest tangible asset, the real estate of its president. The transfer was set aside and we then levied against the real estate. Shortly before the levy sale, the defendant paid the full amount of the judgment, plus post-judgment interest and costs.