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CALIFORNIA CORPORATE & SECURITIES LAW

Court of Appeal Defines Good Faith Defense Under The UFTA

In 2015, the California legislature refurbished the Uniform Fraudulent Transfer Act and rechristened it as the Uniform Voidable Transactions Act.  2015 Cal. Stats. Ch. 44 (SB 161 (Vidak)).  The UFTA has not left the stage entirely as courts continue to address disputes arising under the former law. In Nautilus, Inc. v. Yang, 2017 Cal. App. LEXIS…

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