By Andrew R. Schwartz | Published May 30, 2019 | Posted in Collections, Creditors | Tagged Tags: bankruptcy, constructive fraud, Fraudulent Transfers, stock options, stocks, Uniform Fraudulent Transfer Act | Comments Off on Fraudulent Intent Not Always Necessary to Unwind an Improper Transaction
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Fraudulent Intent Not Always Necessary to Unwind an Improper Transaction
Creditors may use Illinois’ Uniform Fraudulent Transfer Act (IUFTA) to recover funds improperly shifted by a debtor to a third party.
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