The Uniform Voidable Transactions Act Adds Conflict of Laws

The Uniform Voidable Transactions Act (UVTA) was adopted July 16, 2014 by the Uniform Law Commission, and amended the 1984 Uniform Fraudulent Transfer Act (UFTA). The UVTA added a Conflict of Laws section to the act to account for states not adopting the uniform code, variations in enactment by states, and when foreign parties are involved.

See Jay Adkisson, The Uniform Voidable Transactions Act and Conflict of Laws, Forbes, July 22, 2014.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.