Andrew R. Schwartz
May 30, 2019
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
Creditors may use Illinois’ Uniform Fraudulent Transfer Act (IUFTA) to recover funds improperly shifted by a debtor to a third party.