TY - JOUR T1 - You Are Now Entering the Insolvency Zone JF - Trading SP - 77 LP - 80 VL - 2004 IS - 1 AU - William K. Lenhart AU - Jack F. Williams Y1 - 2004/03/20 UR - http://guides.pm-research.com/content/2004/1/77.abstract N2 - Although the phrase carries with it an expansion of fiduciary duties, a reallocation of risk, and re-shuffling of the various parties-in-interest, many of us are hard pressed to provide a concise and meaningful definition of “the Zone of Insolvency.” The determination and analysis involves mixed questions of fact, expert testimony, and law. The Zone of Insolvency is one of those tests that borrows from financial analysis and law. This article discusses the meaning and forms of insolvency under various sections of the Bankruptcy Code, state fraudulent transfer laws, and Officer and Director liability actions, which provide a framework to determine what exactly is “the Zone of Insolvency.” ER -