Ballentine's law dictionary. Anderson, W.S.. 1998.
fraudulent transfer — A transfer of a debtor s property made with intent to defraud or for which the debtor receives less than the transferred property s value (SA Bankruptcy.com) also:{{}}fraudulent conveyance A fraudulent transfer is a transfer of an asset for less… … Glossary of Bankruptcy
fraudulent transfer — In a bankruptcy case, a transfer of property to another for less than the property s value for the purpose of hiding the property from the bankruptcy trustee for instance, when a debtor signs a car over to a relative to keep it out of the… … Law dictionary
fraudulent transfer — fraudulent conveyance/fraudulent transfer A transfer of an interest of the debtor made within one year prior to the filing of bankruptcy that is either made by the debtor with the intent to defraud its creditors or for which the debtor receives… … Financial and business terms
Fraudulent Transfer Act — Act allowing a creditor to sue a debtor who intended to defraud a creditor by transferring property to another person without receiving reasonably equivalent value in return. In other words, if a business does not pay off its debts before selling … Law dictionary
Uniform Fraudulent Transfer Act — (UFTA) USA A model Act adopted in 1984 to replace the Uniform Fraudulent Conveyance Act (UFCA). The UFTA has been enacted in 44 jurisdictions, including Delaware. While there are certain differences, both the UFTA and the UFCA share the same… … Law dictionary
fraudulent conveyance — n: a conveyance of property made for the purpose of rendering the property unavailable for satisfaction of a debt or otherwise hindering or defeating the rights of creditors; specif: a conveyance of property that is made in return for inadequate… … Law dictionary
fraudulent conveyance — the transfer of valuable assets from a company which i) occurs when the company is technically insolvent, ii) renders the company insolvent, or iii) is made for less than adequate consideration. The spate of leveraged buyouts and other highly… … Glossary of Bankruptcy
fraudulent conveyance — fraudulent conveyance/fraudulent transfer A transfer of an interest of the debtor made within one year prior to the filing of bankruptcy that is either made by the debtor with the intent to defraud its creditors or for which the debtor receives… … Financial and business terms
fraudulent — fraud·u·lent adj: characterized by, based on, or done by fraud compare deceptive, false, misleading fraud·u·lent·ly adv Merriam Webster’s Dictionary of Law. M … Law dictionary
Fraudulent conveyance — A fraudulent conveyance, also fraudulent transfer is a civil cause of action. It arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy… … Wikipedia
