Corporate Law prevent fraudulent conveyance

[xyzzy]

Jurisdiction

New York

What can be done to prevent fraudulent conveyance?

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=s1eAEN1PR1BT04xNmrDrcw==

 

[army judge]

What can be done to prevent fraudulent conveyance?

If one lives as hermit deep in a forest, jungle, desert, swamp, or high atop a mountain; I suspect one could avoid being the victim of crimes by other human beings.

However, one might want to be on guard for venomous critters, rabid mammals, rampaging large mammals, some reptiles, some amphibians, flying diseased mammals, birds of prey, as well as assorted dangerous flora.

Most people would discuss this matter with their attorney.

There is nothing internet strangers can do for you, mate.

 

[adjusterjack]

What can be done to prevent fraudulent conveyance?

Nothing.

If somebody is going to do it, they will do it. You can't stop them but you can potentially get them punished by the court after they do it.

 

[Tax Counsel]

Nothing.

Not so. There are things that can be done in some instances to keep a defendant from transferring/disposing of assets prior to the conclusion of litigation. Whether any of those are appropriate in this matter the OP would need to discuss with his lawyer, assuming he's the owner or chief executive officer of the plaintiff.

If somebody is going to do it, they will do it. You can't stop them but you can potentially get them punished by the court after they do it.

The typical remedy for a fraudulent conveyance is simply to reverse the transfer to put it back in the defendants hands so that the plaintiff's judgment will attach to it. A fraudulent conveyance, despite the use of the word fraud in it, is not a crime so there is nothing for the court to "punish".

 

[zddoodah]

What can be done to prevent fraudulent conveyance?

Depends on the relevant facts and circumstances.

Are you expecting folks to read that entire 17 page document to which you linked?