Fraudulent conveyance laws are intended to prevent shareholders, secured creditors, and others from benefiting at the expense of unsecured creditors.

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Fraudulent conveyance laws are designed to prevent the transfer of assets or property in a way that defrauds creditors, particularly unsecured creditors. These laws aim to ensure that all creditors have a fair chance of receiving payment in the event of insolvency, rather than allowing certain parties to benefit at the expense of others.

Fraudulent Conveyance Laws Are Intended to Prevent Shareholders, Secured Creditors