TITLE

Centralized Cash-Management Systems and Fraudulent-Transfer Litigation: Is It "Reasonable"?

AUTHOR(S)
GIAIMO, CHRISTOPHER J.; KESSLER, DENA S.
PUB. DATE
June 2013
SOURCE
ABI Journal;Jun2013, Vol. 32 Issue 5, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the emerging concern of fraudulent-transfer actions due to a debtor's use of a centralized cash-management system (CMS). It argues over the use of CMS for companies to benefit from their own operations while forcing suppliers the risk of confronting a fraudulent-transfer action. Moreover, discussed is the theory of a fraudulent-conveyance action that stems from the basic concept of fraudulent transfers.
ACCESSION #
88012887

 

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