II. MKI’s transfers to MIKA
A. The $73,973.21 “loan”
MKI transferred $73,973.21 to MIKA, as well as the Kaplan events contend that MKI lent the funds to MIKA. Marvin concedes that MKI received no value from MIKA in substitution for the “loan.” (Tr. Trans. at 377-78) during the period of the transfer, MKI’s assets comprised counter-claims against areas and cross-claims contrary to the Smith events, have been the Kaplan events’ co-defendants action. (Tr. Trans. at 379) MKI won a judgment up against the Smith events for longer than $7 million bucks, but areas defeated MKI’s counterclaims.
Marvin cannot remember why MKI “loaned” almost $74,000 to MIKA but provides two possibilities: ” we’m certain MIKA needed to purchase one thing” or “MIKA had expenses, we’d most likely a complete lot of costs.” (Tr. Trans. at https://cashnetusaapplynow.com 377)
The legitimate testimony and one other evidence reveal that MKI’s judgment from the Smith events is useless. Expected in a deposition about MKI’s assets during the period of the transfer to MIKA, Marvin neglected to mention the claims (Tr. Trans. at 379-80), an oversight that is startling view of Marvin’s contention that the worthiness for the judgment contrary to the Smiths exceeds the worthiness associated with the paper on that the judgment ended up being printed. Continue reading “Areas Bank v.Kaplan. Instances citing this case”