Source: https://voidabletransactions.com/bankruptcy-11-usc-550-voidable-transactions-and-fraudulent-transfers.html
Timestamp: 2020-01-29 03:18:02
Document Index: 5173474

Matched Legal Cases: ['§ 7', '§ 8', '§ 8', '§ 7', '§ 8', '§ 8', '§ 550', '§ 548']

Bankruptcy 11 USC 550 Voidable Transactions And Fraudulent Transfers
JayNote: Section 550(a) is the analog to UVTA § 7(a)(1) generally, and to § 8(b)(1) particularly as to subsequent transferees. Note that § 8(b)(1) is a victim of the chronic mis-organization of the UVTA, and that provision should instead have been found in § 7.
JayNote: This section is the analog to UVTA §§ 8(a) generally.
JayNote: This provision has no direct analog in the UVTA.
JayNote: This provision has no analog in the UVTA, although arguably it would be a good thing if it did.
JayNote: This provision is roughly analogous to UVTA § 8(d).
JayNote: The ridiculously short limitations period of § 550(f) which renders it practically useless in the vast majority of cases is why hardly anybody uses it for a fraudulent transfer action and instead applicable state-law voidable transaction or fraudulent transfer law is instead utilized in the vast majority of bankruptcy cases. However, in recent years, the bankruptcy fraudulent transfer provisions have been revived to some degree as a result of the rule of In re Kipnis and similar opinions which hold to the effect that if the debtor has scheduled the United States as a creditor for a tax debt, then the bankruptcy trustee may take advantage of the much-longer 10-year limitations period for the benefit of all creditors in seeking to avoid a transaction under § 548.