Discovery Rule Extends Fraudulent Transfer Look Back Period

Philadelphia partner Andrew Kassner, firm co-chair, and senior attorney Joseph Argentina co-authored “Discovery Rule Extends Fraudulent Transfer Look-Back Period” for the March 3, 2020, edition of The Legal Intelligencer. Lawyers are often confronted with questions from clients regarding whether a claim can still be brought regarding a transaction that occurred a number of years ago. Andy and Joe discuss a case that reminds us that examining the state law statute of limitations is just the beginning of the analysis, not the end. Particular attention must be paid to the facts of the case. In the subject case, the court found the claim could be brought about seven years after the transfer.