Shumaker Manufacturing

A Legal & Industry Review

“The Uniform Voidable Transactions Act in a Nutshell”

The UVTA reflects an update to creditors’ rights law, and serves as a reminder that as transactions become more sophisticated, creditors, too, must be vigilant in protecting their rights. As transactions continue to expand beyond state and country lines, creditors of the parties involved must understand the consequences of such expansion. Creditors in all jurisdictions, especially those without the UVTA, must be increasingly aware of how a debtor can force a creditor to seek relief under the law of a pro-debtor location.

Follow the link to read more of our Insights article, “The Uniform Voidable Transactions Act in a Nutshell”, authored by Tampa partner David Slenn and Sarasota partner Mark Hildreth at Shumaker, Loop & Kendrick, LLP.

 

Comments are closed.