July August 2015

The Uniform Voidable Transactions Act: An Overview of Refinements to the uniform Fraudulent Transfer Act

Feature Article

The Uniform Voidable Transactions Act: An Overview of Refinements to the uniform Fraudulent Transfer Act

The Uniform Voidable Transactions Act (UVTA) was recently adopted by the Uniform Law Commission as the successor to the Uniform Fraudulent Transfer Act. The prevailing purposes of the UVTA amendments appear to be codification of a choice of law rule and to ameliorate divergent interpretations of the act among the courts. The UVTA offers some welcome clarity to an all too often misunderstood body of law.

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