Appeals Court Agrees that Suite Holder Tried to Shield Money from Owners of FedEx Field
An appeals court in the District of Columbia has affirmed a ruling that the principal of a corporation is individually liable for his corporation’s failure to pay fees associated with the use of an executive suite and other amenities at FedEx Field, the home venue for the Washington Redskins.
The liability was exercised under the Uniform Fraudulent Transfer Act (UFTA), D.C. Code §§ 28-3101 to 28-3111 (2001), after it was determined “that the corporation had conveyed all of its prope