Examples of Intentional Fraud in a sentence
First, the Intentional Fraud Exception only applies to intentional fraudulent transfer claims under Bankruptcy Code § 548(a)(1)(A); the Safe Harbor still bars state law intentional fraudulent transfer claims that a U.S. bankruptcy trustee could assert through 11 U.S.C. § 544(b)(1).
Instead, they assume that their BVI intentional fraudulent transfer claim is sufficiently analogous to a bankruptcy fraudulent transferclaim for purposes of 11 U.S.C. § 561(d) and therefore comes within the Intentional Fraud Exception.
Nevertheless, the Liquidators assert that the Intentional Fraud Exception is not limited to claims brought under section 548(a)(1)(A), and applies to claims under BVI law to avoid transfers made with the intent to defraud creditors irrespective of the label attached to a claim.
Figure 16 – Does the Press Distinguish between Intentional Fraud vs.
If a question of Intentional Fraud Violation exists, the case may be referred by the CCR/Fraud Unit to the DHS Office of Legal Services and/or to the Office of the Attorney General of Rhode Island for civil and/or criminal action, or for an Intentional Fraud Violation hearing.