CLAPPER v. AMERICAN REALTY INVESTORS, INC.

Civil Action No. 3:14-CV-2970-D.

DAVID M. CLAPPER, Individually, et al., Plaintiffs, v. AMERICAN REALTY INVESTORS, INC., et al., Defendants.

United States District Court, N.D. Texas, Dallas Division.

June 3, 2015.


Attorney(s) appearing for the Case

David M Clapper, individually, Plaintiff, represented by Andrew W Mychalowych , Siciliano Mychavlowych & Van Dusen PLC, Christopher D Kratovil , Dykema Gossett PLLC, Jeffrey R Fine , Dykema Gossett PLLC, Kristina Marie Williams , Dykema Gossett PLLC & Meghan W Cassidy , Siciliano Mychavlowych & Van Dusen PLC.

Atlantic Midwest LLC, Plaintiff, represented by Andrew W Mychalowych , Siciliano Mychavlowych & Van Dusen PLC, Christopher D Kratovil , Dykema Gossett PLLC, Jeffrey R Fine , Dykema Gossett PLLC, Kristina Marie Williams , Dykema Gossett PLLC & Meghan W Cassidy , Siciliano Mychavlowych & Van Dusen PLC.

Atlantic XIII LLC, Plaintiff, represented by Andrew W Mychalowych , Siciliano Mychavlowych & Van Dusen PLC, Christopher D Kratovil , Dykema Gossett PLLC, Jeffrey R Fine , Dykema Gossett PLLC, Kristina Marie Williams , Dykema Gossett PLLC & Meghan W Cassidy , Siciliano Mychavlowych & Van Dusen PLC.

American Realty Investors Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

American Realty Trust, Inc, a Georgia corporation, Defendant, represented by Joe Kendall , Kendall Law Group LLP, Carter Boisvert , Friedman & Feiger LLP, Jamie Jean McKey , Kendall Law Group LLP, Lawrence J Friedman , Friedman & Feiger LLP & Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Transcontinental Realty Investors Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Income Opportunity Realty Investors Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Pillar Income Asset Management Inc, a Nevada Corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Prime Income Asset Management Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Prime Income Asset Management LLC, a Nevada limited liability company, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

EQK Holdings Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Basic Capital Management, Inc, a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Syntek West Inc, a Nevada corporation, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP & Kayla Cherie Wells , Shamoun & Norman.

Realty Advisors, LLC, a Nevada limited liability company, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Realty Advisors, Inc., a Nevada corporation, Defendant, represented by Stephen A Khoury , Kelsoe Khoury Rogers Caughfield & Clark PC.

Realty Advisors Management, Inc., a Nevada corporation, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP & Kayla Cherie Wells , Shamoun & Norman.

The May Trust, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP & Kayla Cherie Wells , Shamoun & Norman.

The Martin Trust, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP & Kayla Cherie Wells , Shamoun & Norman.

Gene E Phillips, individually, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP, Carter Boisvert , Friedman & Feiger LLP, Kayla Cherie Wells , Shamoun & Norman & Lawrence J Friedman , Friedman & Feiger LLP.

Henry A Butler, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Robert A Jakuszeweki, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Sharon Hunt, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Ted R Munselle, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Daniel J Moos, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Donald Phillips, individually, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP, Carter Boisvert , Friedman & Feiger LLP, Kayla Cherie Wells , Shamoun & Norman & Lawrence J Friedman , Friedman & Feiger LLP.

Mickey N Phillips, individually, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP, Carter Boisvert , Friedman & Feiger LLP, Kayla Cherie Wells , Shamoun & Norman & Lawrence J Friedman , Friedman & Feiger LLP.

Ryan T Phillips, individually, Defendant, represented by C Gregory Shamoun , Shamoun & Norman LLP, Brian Keith Norman , Shamoun & Norman LLP, Carter Boisvert , Friedman & Feiger LLP, Kayla Cherie Wells , Shamoun & Norman & Lawrence J Friedman , Friedman & Feiger LLP.

Gene S Bertcher, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.

Louis Corna, individually, Defendant, represented by Don Swaim , Cunningham Swaim, PLLC, Carter Boisvert , Friedman & Feiger LLP & Lawrence J Friedman , Friedman & Feiger LLP.


MEMORANDUM OPINION AND ORDER

In this suit alleging claims for fraudulent conveyance, in violation of the Texas Uniform Fraudulent Transfer Act, ("TUFTA"), Tex. Bus. & Com. Code Ann. § 24.001 et seq. (West 2015), unjust enrichment/constructive trust, alter ego, civil conspiracy to commit...

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