Ontario Court of Appeal Rules Creditors May Challenge Fraudulent Conveyances Existing Prior to the Debtor-Creditor Relationship

Hyland Muirhead and Owais Hashmi of Devry Smith Frank share that the Ontario Court of Appeal has recently clarified that, when property is conveyed with a general intent to defraud creditors, the transfer can be contested by subsequent creditors irrespective of their creditor status at the time of the transaction.

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