Defined ~ Lien And Valid Lien

Site.Mainuvta0117definitionvalidlien History

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May 14, 2022, at 03:13 AM by 50.159.12.10 -
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!!!VALID LIEN ARTICLES

* [[https://www.forbes.com/sites/jayadkisson/2020/06/11/bank-that-was-financially-involved-with-debtor-gets-caught-up-in-fraudulent-transfer-case-in-wilson/|2020.06.11]] ... Bank That Was Financially Involved With Debtor Gets Caught Up In Fraudulent Transfer Case In Wilson

* [[http://www.forbes.com/sites/jayadkisson/2015/10/27/silver-bars-and-fraudulent-transfers-in-rego-group/|2015.11.27]] ... Silver Bars And Fraudulent Transfers in Rego Group

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May 01, 2022, at 12:30 AM by 50.159.12.10 -
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!!!"VALID LIEN" DEFINED
May 01, 2022, at 12:30 AM by 50.159.12.10 -
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(:title TOPICSHORT:)
(:Summary: TOPICLONG
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(:title Defined ~ Lien And Valid Lien:)
(:Summary: Defined ~ Lien And Valid Lien:)
(:description Defined ~ Lien And Valid Lien:)
(:keywords voidable transaction, uvta, fraudulent transfer, ufta, fraudulent conveyance, lien, valid lien
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TOPIC [[!Definition]] [--PAGENAME--]
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Lien Valid_Lien [[!Definition]] [--Mainuvta0117definitionvalidlien--]
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!!"LIEN" AND "VALID LIEN" DEFINITIONS
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!!!TEXT OPINIONS

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[[#definedlien]] [--#definedlien--]
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!!!"LIEN" DEFINED

[+§1(9) “Lien” means a charge against or an interest in property to secure payment of a debt or performance of an obligation, and includes a security interest created by agreement, a judicial lien obtained by legal or equitable process or proceedings, a common-law lien, or a statutory lien.+]

->Reporter's Comment to § 1(9).

-->The definition of “lien” is derived from paragraphs (30), (31), (43), and (45) of Bankruptcy Code § 101 (1984), which define “judicial lien,” “lien,” “security interest,” and “statutory lien” respectively.

->JayNote

-->The term "lien" is broadly define to include both security interests and judgment liens.

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[[#definedvalidlien]] [--#definedvalidlien--]
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!!!->"VALID LIEN" DEFINED

[+§1(17) “Valid lien” means a lien that is effective against the holder of a judicial lien subsequently obtained by legal or equitable process or proceedings.+]

->Reporter's Comment to § 1(17).

-->The definition of “valid lien” had no analogue in the Uniform Fraudulent Conveyance Act. A valid lien includes an equitable lien that may not be defeated by a judicial lien creditor. See, e.g., Pearlman v. Reliance Insurance Co., 371 U.S. 132, 136 (1962) (upholding a surety’s equitable lien in respect to a fund owing a bankrupt contractor).

->JayNote

-->A "valid lien" is one that will stand up to another creditor which itself later obtains a judgment lien on the transferred asset.
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!!!"LIEN" OPINIONS

(:pagelist link=Category.Lien list=normal fmt=title:)

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!!!"VALID LIEN" OPINIONS

(:pagelist link=Category.Valid_Lien list=normal fmt=title:)
April 30, 2022, at 03:08 AM by 50.159.12.10 -
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