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

Insolvency Insider
September 08, 2023

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.