By Andrew R. Schwartz | Published December 30, 2019 | Posted in Debtor & Creditor | Tagged Tags: debtor fraud, Fraudulent Transfers, Uniform Fraudulent Transfer Act | Comments Off on Fraudulent Transfer Questions Cast Doubt on Oxycontin Settlement
A tentative settlement involving Purdue Pharma, the maker of Oxycontin, received great fanfare in the media, with the company claiming that it will pay at least $10 billion “to address the opioid crisis.”
Read MoreWhat is Illinois’ Uniform Fraudulent Transfer Act (“IUFTA”)? The IUFTA is a statute designed to combat fraudulent transfers by debtors that impair the rights of creditors.
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