Fraudulent Conveyance refers to the preferential transfer of an asset under the intent to defraud other existing claim holders.Ī closely related concept based on a similar legal basis is termed “voidable preferences,” which is when the debtor made a transfer to a creditor right before filing for bankruptcy that was determined to be “unfair” and neglectful of the claims structure.įraudulent Conveyance Introduction Management Fiduciary Duties