Ralph Janvey v. Golf Channel, Incorporated

The original opinion in this case was filed on March 11, 2015. 1 In that opinion we reversed the district court’s judgment and rendered judgment in favor of the receiver pursuant to the Texas Uniform Fraudulent Transfer Act (TUFTA), codified at Texas Business and Commerce Code §§ 24.001-013. We held that, for purposes of the “good faith and for a reasonably equivalent value” affirmative defense in section 24.009(a), value must be measured from the standpoint of a debt- or’s creditors and proof of market value is insufficient. Because The Golf Channel, Inc. (Golf Channel) failed to offer any…