Solution for Conflict of Laws Governing Fraudulent Transfers: Apply the Law That Was Enacted to Benefit the Creditors

In this Article, Thomas H. Day analyzes the choice of law for fraudulent transfers in the context of the purposes of fraudulent transfer law. He concludes that, because fraudulent transfer laws are enacted to protect creditors from the disposition of a debtor's assets when the debtor is insolve...

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Veröffentlicht in:The Business lawyer 1993-05, Vol.48 (3), p.889-913
1. Verfasser: Day, Thomas H.
Format: Artikel
Sprache:eng
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Zusammenfassung:In this Article, Thomas H. Day analyzes the choice of law for fraudulent transfers in the context of the purposes of fraudulent transfer law. He concludes that, because fraudulent transfer laws are enacted to protect creditors from the disposition of a debtor's assets when the debtor is insolvent or undercapitalized, the law of the location of the creditors of the debtor should apply.
ISSN:0007-6899
2164-1838