The Texas Uniform Fraudulent Transfer Act (TUFTA) is found in Chapter 24 of the Business and Commerce Code, and its purpose is to punish and reverse any attempt by a judgment debtor to move assets out of reach from creditors. Who Can Bring a Claim? TUFTA allows a creditor to bring a civil cause of […]

A muniment, also called a muniment of title, is a document indicating title or ownership of an asset. In modern practice, a muniment serves to transfer title of real estate when there is no need for a formal administration of an estate. When Should It Be Used? Muniments are most commonly used when the only […]

Breach of Contract of Damages The rule for calculating breach of contract damages states that the plaintiff is entitled to seek fair and just compensation for losses or damage actually sustained. Stewart v. Basey, 245 S.W.2d 484, 486 (Tex. 1952). The plaintiff may seek compensation for the “benefit of the bargain” or “expectation interest.” Id. […]