By Andrew R. Schwartz | Published October 1, 2025 | Posted in Fraudulent transfers | Tagged Tags: creditors, Fraudulent, transfer | Comments Off on Creditors’ Remedies Under the Illinois Uniform Fraudulent Transfer Act
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Creditors’ Remedies Under the Illinois Uniform Fraudulent Transfer Act
The Illinois Uniform Fraudulent Transfer Act (IUFTA) is designed to protect creditors from debtors who attempt to evade their financial obligations by improperly shielding assets. Creditors can challenge transfers of assets that are made with the intent to defraud creditors or without receiving reasonably equivalent value in return. The law also gives creditors remedies to Read More
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Common Issues in Breaking Up Recently Founded Companies
No one goes into a business venture expecting it to fail, but any number of reasons can cause a recently-founded company to break up. Work styles or personalities may conflict or the founders may discover that they have different visions. You might also find that communication is strained or your co-founder isn’t contributing as much Read More
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