United Bank v. Buckingham

United Bank v. Richard Buckingham, et al., Misc. No. 1, September Term, 2020. Opinion by Getty, J. COMMERCIAL LAW – MARYLAND UNIFORM FRAUDULENT CONVEYANCE ACT – CHANGE IN LIFE INSURANCE BENEFICIARY CONSTITUTES CONVEYANCE – Court of Appeals held that a change in a life insurance beneficiary constitutes a “conveyance” under the Maryland Uniform Fraudulent Conveyance Act, Maryland Code, Commercial Law Article (“CL”) §§ 15-201 to 15-214 (1975, 2013 Repl. Vol.). Court of Appeals concluded that a change in a life insurance beneficiary falls within the meaning of “conveyance” as defined in CL §…