Case ID: mann-unrep-cas_1/html/0176-01.html
Source: Caselaw Access Project
Author: {"author": "Marr, J.,", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

No. 5769.
    John A. Staiger et al. vs. Philip Heft et al.
    If a debtor makes an onerous contract with intent to defraud Ills creditors, but the person with whom he contracts is in good faith, it cannot be annulled unless the value of the property transferred by such contract exceed hy one-fifth the price given for it, in which event the creditors may have the contract annulled and take back the property on paying the price or value of the same with interest.
    Appeal from the Fifth District Court of New Orleans. Cullom, J.
    
      Braughn, Buck & Dikelspiel for Plaintiffs. Schmidt for Defendant Appellants.
   Marr, J.,

delivered the opinion reversing the judgment.