We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

The Potential Applicability Of Fraudulent Transfer Law To Contemporary Business Transactions

Law360 (November 16, 2006, 12:00 AM EST) -- Business people should be aware that fraudulent transfer law may apply to a number of contemporary transactions: the paying of corporate of dividends either with borrowed money the company later cannot repay or at a time when the company is insolvent or becomes insolvent afterward; purchasing assets from financially distressed enterprises; and withdrawals of investments and the profits from insolvent investment funds.

Such transactions implicate fraudulent transfer law; and if the economy should turn down significantly and the enterprises that have engaged in such transactions are...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.