Nailing the Lawyer For His Debtor-Client's Sins

So what exactly are fraud, fraudulent conveyance, deceit and fraudulent transfer and when are attorneys accountable? Being a trustee entails risk of personal liability. Being one of a number of trustees can increase the risk. In the legendary Matter of Rothko,1 a fiduciary that failed to try to prevent his co-fiduciaries from breaching their duties was surcharged $6 million. This cautionary tale sends

So what exactly are fraud, fraudulent conveyance, deceit and fraudulent transfer — and when are attorneys accountable?

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