Case Name: IDC (Queens) Corp., Appellant, v. Illuminating Experiences, Inc., Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1995-10-26
Citations: 220 A.D.2d 337
Docket Number: 
Parties: IDC (Queens) Corp., Appellant, v Illuminating Experiences, Inc., Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 220
Pages: 337–337

Head Matter:
IDC (Queens) Corp., Appellant, v Illuminating Experiences, Inc., Respondent.
[633 NYS2d 18]

Opinion:
—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.