Reform of Fraudulent Conveyances and Fraudulent Preferences Law: Part II Preferential Payments Final Report Aug 2011

Topics covered in this report include title and structure of the proposed Act, the scope of new preferential payments law, provincial harmonization with the federal Bankruptcy and Insolvency Act, the integration of preferences law with other law on transactions, remedies for creditors, the exemption of arm’s length payments from challenges, and limitation periods.