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 course 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.
Outline
- 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
Benefits
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?
Faculty
Edwin E. Smith
Partner
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.
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Professor Kenneth C. Kettering
Visiting Professor at Large
Kenneth C. Kettering
Mr. Kettering last taught as Lecturer in Law at Columbia University School of Law, and before that taught at Case... | Read More
Mr. Kettering last taught as Lecturer in Law at Columbia University School of Law, and before that taught at Case Western University School of Law, Brooklyn Law School, the University of Miami School of Law, Loyola University New Orleans School of Law, New York Law School, and the University of Pittsburgh School of Law. Before joining the academy he was a partner of Reed Smith Shaw & McClay (now Reed Smith LLC), where his practice centered on sophisticated transactional work, including derivatives and foreign exchange transactions, syndicated lending, highly leveraged transactions, asset-based lending, structured finance and securitization, and mergers and acquisitions.
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