Ontario court overturns precedent, clarifies limitation period in fraudulent conveyance actions

By Karunjit Singh ( August 8, 2023, 4:39 PM EDT) -- A five-judge panel of the Ontario Court of Appeal has held that a fraudulent conveyance action must be initiated within two years under the Limitations Act, overturning its prior ruling allowing a 10-year timeframe under the Real Property Limitations Act (RPLA)....