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Expert Analysis

Texas' New Rule On Clawing Back Ponzi-Tainted Money

Law360, New York (April 1, 2016, 5:52 PM EDT) -- Texas businesses should breathe a sigh of relief based on Friday's Texas Supreme Court ruling on a certified question in Janvey v. The Golf Channel Inc.[1] The court held that businesses that deal on market terms in arm's-length transactions need no longer fear that those transactions will be avoided years later if they have unknowingly dealt with a Ponzi scheme....

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