What is the test for an application to transfer a debtor's assets from the debtor to the debtor's creditors?

MultiRegion, United States of America

The following excerpt is from United States v. May, 600 F. Supp. 339 (S.D. Cal. 1984):

As is evident from the statutory language itself, no intent to defraud creditors by way of the transfer need be shown under this section. Headen v. Miller, 141 Cal.App.3d 169, 172, 190 Cal.Rptr. 198 (1983).

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