{"id":148,"date":"2019-12-29T16:27:55","date_gmt":"2019-12-29T16:27:55","guid":{"rendered":"http:\/\/600hemphill.com\/?p=148"},"modified":"2019-12-29T16:37:41","modified_gmt":"2019-12-29T16:37:41","slug":"good-faith","status":"publish","type":"post","link":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/","title":{"rendered":"Good faith?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/Janvey-v.-GMAG-LLC.pdf\">Janvey v. GMAG, LLC<\/a>, a <a href=\"https:\/\/statutes.capitol.texas.gov\/Docs\/BC\/htm\/BC.24.htm\">TUFTA<\/a> case in which the creditor sought the &#8220;clawback&#8221; of a transfer from a third-party transferee, presented a frustrating pair of jury answers. On the one hand, the jury found a lack of good faith because the transferee had inquiry notice about the fraudulent nature of the transfer:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png?resize=555%2C256\" alt=\"\" class=\"wp-image-149\" width=\"555\" height=\"256\" srcset=\"https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png?w=743&amp;ssl=1 743w, https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png?resize=300%2C139&amp;ssl=1 300w, https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png?resize=500%2C231&amp;ssl=1 500w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">(The charge went on to define actual and inquiry notice.) On the other hand, the jury found that further investigation, based on the facts known to the transferee, would have been futile: <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq2.png?resize=478%2C322\" alt=\"\" class=\"wp-image-150\" width=\"478\" height=\"322\"\/><\/figure><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/600hemphill.com\/wp-content\/uploads\/2019\/12\/resistance-is-futile.jpg?resize=186%2C190\" alt=\"\" class=\"wp-image-155\" width=\"186\" height=\"190\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Answering a certified question from the Fifth Circuit about how to reconcile these findings, the Texas Supreme Court held: <em>&#8220;A transferee on inquiry notice of fraud cannot shield itself from TUFTA\u2019s clawback provision without diligently investigating its initial suspicions\u2014irrespective of whether a  hypothetical investigation would reveal fraudulent conduct.  To hold otherwise rewards willful ignorance and undermines the purpose of TUFTA.&#8221;<\/em> No. 19-0452 (Dec. 20, 2019). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Janvey v. GMAG, LLC, a TUFTA case in which the creditor sought the &#8220;clawback&#8221; of a transfer from a third-party transferee, presented a frustrating pair of jury answers. On the one hand, the jury found a lack of good faith &hellip; <a href=\"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-148","post","type-post","status-publish","format-standard","hentry","category-tufta"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Good faith? - 600 Hemphill<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good faith? - 600 Hemphill\" \/>\n<meta property=\"og:description\" content=\"Janvey v. GMAG, LLC, a TUFTA case in which the creditor sought the &#8220;clawback&#8221; of a transfer from a third-party transferee, presented a frustrating pair of jury answers. On the one hand, the jury found a lack of good faith &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/\" \/>\n<meta property=\"og:site_name\" content=\"600 Hemphill\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-29T16:27:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-29T16:37:41+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png\" \/>\n<meta name=\"author\" content=\"dscoale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"dscoale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/\"},\"author\":{\"name\":\"dscoale\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/#\\\/schema\\\/person\\\/ba97cd63ac36ec13c3c436b9fa67c5e2\"},\"headline\":\"Good faith?\",\"datePublished\":\"2019-12-29T16:27:55+00:00\",\"dateModified\":\"2019-12-29T16:37:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/\"},\"wordCount\":152,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/600hemphill.com\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/janveyq1.png\",\"articleSection\":[\"TUFTA\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/\",\"url\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/\",\"name\":\"Good faith? - 600 Hemphill\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/600hemphill.com\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/janveyq1.png\",\"datePublished\":\"2019-12-29T16:27:55+00:00\",\"dateModified\":\"2019-12-29T16:37:41+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/#\\\/schema\\\/person\\\/ba97cd63ac36ec13c3c436b9fa67c5e2\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#primaryimage\",\"url\":\"http:\\\/\\\/600hemphill.com\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/janveyq1.png\",\"contentUrl\":\"http:\\\/\\\/600hemphill.com\\\/wp-content\\\/uploads\\\/2019\\\/12\\\/janveyq1.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/2019\\\/12\\\/29\\\/good-faith\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/600hemphill.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Good faith?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/#website\",\"url\":\"https:\\\/\\\/600hemphill.com\\\/\",\"name\":\"600 Hemphill\",\"description\":\"Commercial Litigation in the Texas Supreme Court\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/600hemphill.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/600hemphill.com\\\/#\\\/schema\\\/person\\\/ba97cd63ac36ec13c3c436b9fa67c5e2\",\"name\":\"dscoale\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g\",\"caption\":\"dscoale\"},\"url\":\"https:\\\/\\\/600hemphill.com\\\/index.php\\\/author\\\/dscoale\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Good faith? - 600 Hemphill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/","og_locale":"en_US","og_type":"article","og_title":"Good faith? - 600 Hemphill","og_description":"Janvey v. GMAG, LLC, a TUFTA case in which the creditor sought the &#8220;clawback&#8221; of a transfer from a third-party transferee, presented a frustrating pair of jury answers. On the one hand, the jury found a lack of good faith &hellip; Continue reading &rarr;","og_url":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/","og_site_name":"600 Hemphill","article_published_time":"2019-12-29T16:27:55+00:00","article_modified_time":"2019-12-29T16:37:41+00:00","og_image":[{"url":"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png","type":"","width":"","height":""}],"author":"dscoale","twitter_card":"summary_large_image","twitter_misc":{"Written by":"dscoale","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#article","isPartOf":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/"},"author":{"name":"dscoale","@id":"https:\/\/600hemphill.com\/#\/schema\/person\/ba97cd63ac36ec13c3c436b9fa67c5e2"},"headline":"Good faith?","datePublished":"2019-12-29T16:27:55+00:00","dateModified":"2019-12-29T16:37:41+00:00","mainEntityOfPage":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/"},"wordCount":152,"commentCount":0,"image":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#primaryimage"},"thumbnailUrl":"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png","articleSection":["TUFTA"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/","url":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/","name":"Good faith? - 600 Hemphill","isPartOf":{"@id":"https:\/\/600hemphill.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#primaryimage"},"image":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#primaryimage"},"thumbnailUrl":"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png","datePublished":"2019-12-29T16:27:55+00:00","dateModified":"2019-12-29T16:37:41+00:00","author":{"@id":"https:\/\/600hemphill.com\/#\/schema\/person\/ba97cd63ac36ec13c3c436b9fa67c5e2"},"breadcrumb":{"@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#primaryimage","url":"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png","contentUrl":"http:\/\/600hemphill.com\/wp-content\/uploads\/2019\/12\/janveyq1.png"},{"@type":"BreadcrumbList","@id":"https:\/\/600hemphill.com\/index.php\/2019\/12\/29\/good-faith\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/600hemphill.com\/"},{"@type":"ListItem","position":2,"name":"Good faith?"}]},{"@type":"WebSite","@id":"https:\/\/600hemphill.com\/#website","url":"https:\/\/600hemphill.com\/","name":"600 Hemphill","description":"Commercial Litigation in the Texas Supreme Court","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/600hemphill.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/600hemphill.com\/#\/schema\/person\/ba97cd63ac36ec13c3c436b9fa67c5e2","name":"dscoale","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/30c37ce0a7e0ba240a4e6058756253d2e0842ace2a5327d7394f8fff26be6a0f?s=96&d=mm&r=g","caption":"dscoale"},"url":"https:\/\/600hemphill.com\/index.php\/author\/dscoale\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/posts\/148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/comments?post=148"}],"version-history":[{"count":5,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/posts\/148\/revisions"}],"predecessor-version":[{"id":157,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/posts\/148\/revisions\/157"}],"wp:attachment":[{"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/media?parent=148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/categories?post=148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/600hemphill.com\/index.php\/wp-json\/wp\/v2\/tags?post=148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}