What Every Practitioner Needs to Know About New York’s Enactment of the Uniform Voidable Transactions Act (“UVTA”), Effective April 4

Tuesday, April 7, 2020 | 12:00 pm – 2:30 pm


Program Chair:

Alan Kolod
Moses & Singer LLP

  • In  2019, the New York Legislature leap-frogged the 1984 Uniform Fraudulent Transfer Act, going directly from the 100 year old Uniform Fraudulent Conveyance Law to the current version of the UVTA.  An expert panel will explain how the UVTA (revised Article 10 of the Debtor and Credit Law) dramatically changes and modernizes New York fraudulent transfer law.

    This program will:

    • Put into context the historical evolution of fraudulent transfer law from the Statute of Elizabeth to the UVTA
    • Explain the differences between the UVTA and the Bankruptcy Code avoidance provisions
    • Explain the major changes to existing New York law, including those relating to:
      • Choice of law
      • Statute of limitations
      • Burdens of proof and persuasion
      • Defenses available to transferees
      • Elimination of archaic principles from partnership and secured transaction law
    • Provide insight into the Uniform Law Commission’s process for drafting potential uniform laws for state enactment

    Program Fee:

    $49 for Members | $99 for Nonmembers

  • Camille C. Bent
    BakerHostetler LLP

    James Gadsden
    Carter Ledyard & Milburn LLP

    Edwin E. Smith
    Morgan, Lewis & Bockius LLP


  • 12:00 – 12:05 pm

    12:05 – 12:25 pm
    History of Legal Developments Leading to the UVTA

    12:25 – 12:35 pm
    State Adoption Patterns

    12:35 – 12:50 pm
    Differences between UVTA and Bankruptcy Code

    12:50 – 1:30 pm
    UVTA Changes to Prior UFTA Law

    1:30 – 2:10 pm
    Changes to NY Law

    2:10 – 2:20 pm
    Transition/Effective Date

    2:20 – 2:30 pm
    Q & A

  • New York: 2.5 Professional Practice
    New Jersey: 2.5 General
    California: 2.5 General
    Pennsylvania: 2.0 General
    Connecticut: Available to Licensed Attorneys

  • Sponsoring Association Committees:
    Bankruptcy & Corporate Reorganization, Christopher K. Kiplok, Chair
    Commercial Law and Uniform State Laws, Alan Kolod, Chair

    Sponsorship Opportunities are Available! Please Contact:
    Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org