THIS OPINION HAS NO PRECEDENTIAL VALUE.  IT SHOULD NOT BE CITED OR RELIED ON AS PRECEDENT IN ANY PROCEEDING EXCEPT AS PROVIDED BY RULE 239(d)(2), SCACR.

THE STATE OF SOUTH CAROLINA
In The Court of Appeals

One Hundred Eighth Cookingham, Inc., Respondent,

v.

David K. Miller, Julia J. Miller, Alan Fredrick Hagemaster and Andrew Lee Hagemaster, Appellants.

Appeal From Beaufort County
 Curtis L. Coltrane, Circuit Court Judge

Unpublished Opinion No. 2008-UP-141
Submitted February 1, 2008 – Filed March 4, 2008

AFFIRMED

Brian Deen McDaniel, of Beaufort; Jonathan Brent Kiker, of Hilton Head Island, for Appellants.

James M. Herring of Hilton Head Island and William Weston Jones Newton, of Bluffton, for Respondent.

PER CURIAM:  David and Julia Miller and Julia Miller’s sons from a prior marriage, Alan and Andrew Hagemaster (collectively the Hagemasters), appeal an order setting aside certain property transfers as fraudulent pursuant to the Statute of Elizabeth.  We affirm.[1]

FACTS

On September 24, 2001, the Millers purchased a condominium in Village West in Hilton Head Island, South Carolina.  The purchase price for the condominium was $300,000, the entirety of which was paid by David Miller from his own funds.  According to the Millers, Julia Miller was to receive the property as compensation for relinquishing a tenured position with the University of Kansas when she married David in April 2001; however, the deed to the condominium listed the Millers as joint tenants with right of survivorship.

On June 27, 2002, One Hundred Eighth Cookingham, Inc., a Missouri corporation, filed a demand for arbitration against David, a Kansas resident, with the American Arbitration Association at its office in Kansas City, Missouri.  In the demand, Cookingham claimed $1,337,400 in damages for breach of a real estate and option contract, plus costs and expenses.  The date of the alleged breach was July 1, 1997.  On June 26, 2003, the arbitrator awarded Cookingham $789,039 plus costs, finding all issues in favor of Cookingham.

By quitclaim deed dated July 25, 2003, and recorded on July 30, 2003, in the Office of the Register of Deeds for Beaufort County, South Carolina, David and Julia transferred the condominium to Julia for no consideration.  In addition, by deed dated July 25, 2003, and recorded July 31, 2003, Julia deeded the condominium to the Hagemasters for no consideration, reserving a life estate for herself and David.

On December 23, 2003, the arbitrator’s award was enrolled in the circuit court of Clay County, Missou