The law of fraudulent conveyance in Ontario is a crucial area of law for individuals and businesses alike. It prevents debtors from hiding assets or transferring them to avoid paying money owed, which would be unfair to creditors. In a recent case, the Court of Appeal for Ontario was asked to consider whether fraudulent […]
Category Archives: Fraudulent Conveyancing
What Constitutes a Fraudulent Conveyance?
The recent case of Anisman v. Drabinsky is a summary judgment decision from the Ontario Superior Court (ONSC) with guidance for creditors on how to approach issues relating to discoverability and limitation periods if they suspect their debtors’ real property has been fraudulently conveyed. Debtor Transfers Property to Spouse for Nominal Amount The plaintiff, a […]