Coverage note: this corpus holds the
consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check
palegis.us.
§ 5109. Extinguishment of claim for relief.
A claim for relief with respect to a transfer or obligation under this chapter is
extinguished unless action is brought:
(1) under section 5104(a)(1) (relating to transfer or obligation voidable as to present
or future creditor), not later than four years after the transfer was made or the
obligation was incurred or, if later, not later than one year after the transfer or
obligation was or could reasonably have been discovered by the claimant; or
(2) under section 5104(a)(2) or 5105(a) (relating to transfer or obligation voidable as
to present creditor), not later than four years after the transfer was made or the
obligation was incurred.
(Dec. 22, 2017, P.L.1249, No.78, eff. 60 days)
2017 Amendment. See section 7 of Act 78 in the appendix to this title for special provisions relating
to applicability.
Cross References. Section 5109 is referred to in section 5107 of this title.
Notes of Decisions
Finkel v. Polichuk (In re Polichuk), 506 B.R. 405 (Bankr. E.D. Pa. 2014).
· cites it 6× “By order dated November 28, 2010 (Doc. # 61), I rejected their argument, reasoning as follows: [T]he Trustee’s Complaint sets forth facts which, if proven, may result in the application of a different, even longer reachback period than the four year period provided in 12 Pa.”
K-B Bldg., Co. v. Sheesley Constr., Inc., 833 A.2d 1132 (Pa. Super. Ct. 2003).
· cites it 2× “This position does not comport with the language of 12 Pa.C.S. § 5109, which provides that an action must be brought within one year of the date the transfer could have been discovered through the exercise of reasonable diligence or within four years of the transfer.”
Hecht v. Malvern Preparatory Sch., 716 F. Supp. 2d 395 (E.D. Pa. 2010).
“12 Pa.C.S. § 5109(1). To the extent the Receiver seeks to recover assets transferred to Malvern by Forte or the Hooper Foundation before March 29, 2006—four *399 years before she initiated the instant action—she may do so only if she meets § 5109’s one year discovery…”
Finn v. All. Bank, 838 N.W.2d 585 (Minn. Ct. App. 2013).
“280 (2011); 12 Pa. Cons.Stat. Ann. § 5109 (1999); R.I.”
Titus v. Shearer, 498 B.R. 508 (W.D. Pa. 2013).
“The Trustee argues that, while the PUFTA statute of repose, 12 Pa. Cons. Stat. § 5109 , extinguishes any claims prior to April 23, 2003, it does not limit the ability to seek recovery for transfers made after the filing of the complaint.”
In Re Blatstein, 244 B.R. 290 (Bankr. E.D. Pa. 2000).
· cites it 2× “Alternatively, the Blatsteins averred that, even if the Trustee could point to any such other evidence in the record, the statute of limitations under the PUFTA reaches back only to transfers occurring on or after February 1, 1994, citing 12 Pa.C.S. § 5109. Furthermore, the…”
Kartman v. North Suburban Tree Serv. Inc. (In Re Kartman), 354 B.R. 70 (Bankr. W.D. Pa. 2006).
“12 Pa.C.S. § 5109(1). As noted, Kartman did not specifically address the elements of the Act in his Amended Complaint despite being given the opportunity to do so by the Court following grant of the Defendant’s original Motion to Dismiss.”
718 Arch Street Assocs., Ltd. v. Blatstein, 244 B.R. 290 (Bankr. E.D. Pa. 2000).
· cites it 2× “Alternatively, the Blatsteins averred that, even if the Trustee could point to any such other evidence in the record, the statute of limitations under the PUFTA reaches back only to transfers occurring on or after February 1, 1994, citing 12 Pa.C.S. § 5109. Furthermore, the…”
Santander Bank, N.A. v. BB&T Corp. (M.D. Penn. 2020).
· cites it 2× “First, BB&T argues it is entitled to summary judgment because Santander’s claim under PUFTA is extinguished by operation of PUFTA’s statute of limitations, 12 Pa.C.S. § 5109. Second, BB&T argues it is entitled to summary judgment by virtue of the good faith affirmative defense…”
Brosky, W. v. MJC Indus., Inc. (Pa. Super. Ct. 2017).
“We note however that UFTA, 12 Pa.C.S. §5109(2)provides that a cause ofaction with respect to a fraudulent transfer is extinguished unless the action is brought "under section 5104(a)(2) or 5105 (relating to transfers fraudulent as to present creditors), within four years after…”
— 12 Pa. Cons. Stat. § 5109(1) — 4 cases
Finkel v. Polichuk (In re Polichuk), 506 B.R. 405 (Bankr. E.D. Pa. 2014).
“By order dated November 28, 2010 (Doc. # 61), I rejected their argument, reasoning as follows: [T]he Trustee’s Complaint sets forth facts which, if proven, may result in the application of a different, even longer reachback period than the four year period provided in 12 Pa.”
K-B Bldg., Co. v. Sheesley Constr., Inc., 833 A.2d 1132 (Pa. Super. Ct. 2003).
“This position does not comport with the language of 12 Pa.C.S. § 5109, which provides that an action must be brought within one year of the date the transfer could have been discovered through the exercise of reasonable diligence or within four years of the transfer.”
Hecht v. Malvern Preparatory Sch., 716 F. Supp. 2d 395 (E.D. Pa. 2010).
“12 Pa.C.S. § 5109(1). To the extent the Receiver seeks to recover assets transferred to Malvern by Forte or the Hooper Foundation before March 29, 2006—four *399 years before she initiated the instant action—she may do so only if she meets § 5109’s one year discovery…”
Kartman v. North Suburban Tree Serv. Inc. (In Re Kartman), 354 B.R. 70 (Bankr. W.D. Pa. 2006).
“12 Pa.C.S. § 5109(1). As noted, Kartman did not specifically address the elements of the Act in his Amended Complaint despite being given the opportunity to do so by the Court following grant of the Defendant’s original Motion to Dismiss.”
— 12 Pa. Cons. Stat. § 5109(2) — 5 cases
Finkel v. Polichuk (In re Polichuk), 506 B.R. 405 (Bankr. E.D. Pa. 2014).
“By order dated November 28, 2010 (Doc. # 61), I rejected their argument, reasoning as follows: [T]he Trustee’s Complaint sets forth facts which, if proven, may result in the application of a different, even longer reachback period than the four year period provided in 12 Pa.”
In Re Blatstein, 244 B.R. 290 (Bankr. E.D. Pa. 2000).
“Alternatively, the Blatsteins averred that, even if the Trustee could point to any such other evidence in the record, the statute of limitations under the PUFTA reaches back only to transfers occurring on or after February 1, 1994, citing 12 Pa.C.S. § 5109. Furthermore, the…”
718 Arch Street Assocs., Ltd. v. Blatstein, 244 B.R. 290 (Bankr. E.D. Pa. 2000).
“Alternatively, the Blatsteins averred that, even if the Trustee could point to any such other evidence in the record, the statute of limitations under the PUFTA reaches back only to transfers occurring on or after February 1, 1994, citing 12 Pa.C.S. § 5109. Furthermore, the…”
Brosky, W. v. MJC Indus., Inc. (Pa. Super. Ct. 2017).
“We note however that UFTA, 12 Pa.C.S. §5109(2)provides that a cause ofaction with respect to a fraudulent transfer is extinguished unless the action is brought "under section 5104(a)(2) or 5105 (relating to transfers fraudulent as to present creditors), within four years after…”
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