Fifth Circuit Blocks Fraudulent Transferee's Good Faith Defense

"A … transferee [who] received fraudulent transfers with actual knowledge or inquiry notice of fraud or insolvency" loses any "good faith" defense available under the Texas version of the Uniform Fraudulent Transfer Act (TUFTA), held the Fifth Circuit in Janvey v. GMAG, LLC

12 minute readMay 01, 2019 at 12:07 AM
By
Michael L. Cook
Fifth Circuit Blocks Fraudulent Transferee's Good Faith Defense

"A … transferee [who] received fraudulent transfers with actual knowledgeor inquiry notice of fraud or insolvency" loses any "good faith" defense available under the Texas version of the

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