Table of Contents

• Jurisdiction: United States

Table of Contents

Chapter I: Causes of Action................................................................................1

A. Introduction..................................................................................................................1

B. Intentional Fraudulent Conveyances.....................................................................3

C. Constructive Fraudulent Conveyances.................................................................7

Chapter II: Commencing Litigation..............................................................11

A. Choice of Forum: Federal or State Court.............................................................11

B. Bankruptcy Courts' Authority to Adjudicate

Fraudulent Transfer Actions.....................................................................................13

1. Bankruptcy Court Authority and Article III Concerns........................................13

2. Withdrawal of the Reference..................................................................................20

C. Choice-of-Law Issues in Fraudulent Transfer Actions.....................................25

1. State Law Choice-of-Law Approaches to Fraudulent Transfer Claims................26

2. Bankruptcy Choice-of-Law Approaches to Fraudulent Transfer Claims.............28

D. Parallel Litigation in the Fraudulent Transfer Context.....................................30

1. Parallel Litigation Concerning the Treatment of Claims......................................30

2. Potential Companion Common Law Claims........................................................40

Chapter III: Standing..................................................................................................45

A. Trustees and Debtors, Creditors and Creditors' Committees, Liquidating Trusts, Officers and Shareholders of the Debtor.........................45

1. Trustees and Debtors.............................................................................................45

2. Creditors and Creditors' Committees....................................................................48

3. Liquidating Trusts..................................................................................................50

B. Comparison of Who May Avoid a Transfer: Creditors at the Time of the Transfer Versus Current Creditors......................................51

Chapter IV: Proving the Elements.................................................................55

A. Actual...