The 2014 Amendments to the Uniform Fraudulent Transfer Act: Preparing for the New Rules
Navigating New Rules for Choice of Law, Burdens of Proof, Reasonably Equivalent Value and More
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will discuss the newly approved 2014 amendments to the Uniform Fraudulent Transfer Act, which the amendments renamed the Uniform Voidable Transfer Act. The webinar will cover the problems or obstacles practitioners experience under the current law that necessitated the amendments and how the amendments will affect the law of voidable transfers.
- Choice of law
- Evidentiary matters
- Defenses available to a transferee or obligee
- Determining “insolvency” for partnerships
- New section pertaining to series organizations
The panel will review these and other key issues:
- What is the uniform choice of law rule created by the amendments?
- How do the amendments refine the allocation of burden of proof and define the standard of proof with respect to claims and defenses under the Act?
- How do the amendments achieve consistency of the UVTA with uniform acts governing unincorporated business organizations?
- What is the significance of the change in the name of the Act?
Professor Kenneth C. Kettering
Visiting Professor at Large
Professor Kettering studies the forces that shape commercial and financial law. He practiced for 20 years with Reed... | Read More
Professor Kettering studies the forces that shape commercial and financial law. He practiced for 20 years with Reed Smith LLP in Pittsburgh, where he was a partner in the firm’s business and finance group. He has also participated in various national law reform efforts. Since 2012 he has been serving as reporter for the committee that is amending the Uniform Fraudulent Transfer Act.Close
Edwin E. Smith
Morgan Lewis & Bockius LLP
Mr. Smith focuses his practice in general corporate and commercial law, debt financings, structured financings,... | Read More
Mr. Smith focuses his practice in general corporate and commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He actively participated in the drafting of a number of the recent revisions to the Uniform Commercial Code (UCC). He is a frequent speaker for bar and trade organizations.Close