Court of Appeals for the Second Circuit January 18, 1995, Nos. 184, 564, Dockets 93-9263L, 94-7185XAP (HBE Leasing Corp. v. Frank)

JON 0. NEWMAN, Chief Judge:

This appeal concerns the application of fraudulent conveyance law to multi-party transactions involving an insolvent judgment debtor. In one set of transactions, the debt- or exchanged mortgages for funds and immediately transferred the funds to a third party. In another set of transactions, the debtor paid the attorney’s fees of its co-defendants in a civil action.