{"id":829,"date":"2010-02-25T15:40:20","date_gmt":"2010-02-25T15:40:20","guid":{"rendered":"https:\/\/nybankruptcy.net\/main\/?p=829"},"modified":"2018-11-28T08:48:32","modified_gmt":"2018-11-28T08:48:32","slug":"fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners","status":"publish","type":"post","link":"https:\/\/nybankruptcy.net\/main\/fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners\/","title":{"rendered":"Fraudulent transfer claims increase. What’s the impact on New Yorkers and New York business owners?"},"content":{"rendered":"

\"\"<\/a>There’s a new study out titled “Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims<\/a>“<\/strong> by Navigant Consulting<\/strong><\/a> and The Economist Intelligence Unit<\/strong>.<\/p>\n

The gist of it is that debtors, trustees and creditors committees are increasingly pursuing “fraudulent transfer<\/a>” (aka “fraudulent conveyance<\/a>“) claims <\/strong>(i.e., attempts to recover improper payments) in the wake of the financial crisis.\u00a0 The implication is that hard times mean the asset pie has gotten smaller in bankruptcy cases, and therefore the rise in fraudulent transfer claims stems from more aggressive efforts by debtors, trustees and creditor committees to recover cash for the estate in bankruptcy cases.<\/p>\n

What does an increase in fraudulent transfer claims mean for New Yorkers and New York business owners?<\/strong> It means if you’ve done business with the debtor in the past six years in New York, it’s more likely that you could be the recipient of one of these lovely lawsuits as there is increased pressure on debtor estates to find ways to recover cash for the estate.<\/p>\n

If you\u2019re the subject of a fraudulent transfer (aka fraudulent conveyance) action<\/strong> in New York or a preference action<\/strong><\/a> in New York, please contact me<\/a> for a free consultation.<\/p>\n

As a New York bankruptcy lawyer who has experience on both sides of New York fraudulent transfer lawsuits<\/strong>-\u2013-the trustee side as well as the creditor site\u2013–I know the lay of the land, and I can answer your questions and help you figure out the best strategy for your situation.<\/p>\n

Contact Bruce Weiner, Esq.<\/a><\/h2>\n

EMAIL Bruce Weiner<\/a><\/strong>
\nPhone<\/strong>
\n(718) 855-6840 (Local)
\n(866) 402-8476 (Toll Free)
\nFax<\/strong> (718) 625-1966<\/p>\n

Go to\u00a0bankruptcy Lawyer Brooklyn NY<\/strong><\/a>\u00a0<\/em>t<\/em>o learn more about Rosenberg Musso & Weiner LLP<\/strong><\/a> and\/or to set up a free consultation.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

There’s a new study out titled “Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims“ by Navigant Consulting and The Economist Intelligence Unit. The gist of it is that debtors, trustees and creditors committees are increasingly pursuing “fraudulent transfer” (aka “fraudulent conveyance“) claims (i.e., attempts to recover improper payments) in the wake of the …<\/p>\n

Fraudulent transfer claims increase. What’s the impact on New Yorkers and New York business owners?<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[16,126,116,22,58,36],"tags":[2,139,21,140,71,30,32,141,54,51,142,52,143,144,57,132,35,55,38,39],"acf":[],"yoast_head":"\nFraudulent transfer claims increase. | Bankruptcy Attorney Brooklyn NY<\/title>\n<meta name=\"description\" content=\"There's a new study out titled "Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims" by Navigant Consulting and The Economist\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nybankruptcy.net\/main\/fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fraudulent transfer claims increase. | Bankruptcy Attorney Brooklyn NY\" \/>\n<meta property=\"og:description\" content=\"There's a new study out titled "Risky Business: Financial Firms Face Wave of Fraudulent Transfer Claims" by Navigant Consulting and The Economist\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nybankruptcy.net\/main\/fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners\/\" \/>\n<meta property=\"og:site_name\" content=\"Bankruptcy Attorney in Brooklyn, New York | Rosenberg Musso Weiner\" \/>\n<meta property=\"article:published_time\" content=\"2010-02-25T15:40:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-28T08:48:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nybankruptcy.net\/main\/wp-content\/uploads\/2010\/02\/fraudulentconveyance.jpg\" \/>\n<meta name=\"author\" content=\"Matt Leichter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matt Leichter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nybankruptcy.net\/main\/fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nybankruptcy.net\/main\/fraudulent-transfer-claims-increase-whats-the-impact-on-new-yorkers-and-new-york-business-owners\/\"},\"author\":{\"name\":\"Matt Leichter\",\"@id\":\"https:\/\/nybankruptcy.net\/main\/#\/schema\/person\/75d08d648836eaa13b64bf21273bf4e7\"},\"headline\":\"Fraudulent transfer claims increase. 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