Uniform Voidable Transactions Act: One Year After the UFTA Amendments
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 2014 amendments to the UFTA, which has been renamed the Uniform Voidable Transactions Act. The webinar will cover the problems or obstacles that the amendments were intended to rectify and how the amendments have impacted the law of voidable transfers.
- State enactment process
- 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:
- How have the amendments impacted the choice of law for voidable transfers?
- What is the allocation of burden of proof and standard of proof with respect to claims and defenses under the Act?
- How do the amendments address unincorporated business organizations?
- What is the significance of the change in the name of the Act?
Edwin E. Smith
Morgan, Lewis & Bockius
Mr. Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies,... | Read More
Mr. Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He is particularly knowledgeable on commercial law and insolvency matters, both domestic and cross-border. His representations have included those in major bankruptcies including Lehman and the City of Detroit. Mr. Smith often advises financial institutions on documentation and risk management issues.Close
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