Victory Secured in High-Stakes TUFTA Trial in Kerr County
In February 2025, Mike Wynne, Partner at Wynne, Smith & Young (WSY), successfully defended clients in a complex, multi-defendant case under the Texas Uniform Fraudulent Transfer Act (TUFTA). The two-week jury trial, held in Kerrville, Texas, revolved around claims related to the historic YO Ranch and allegations of fraudulent asset transfers.
The plaintiff, seeking multi-million-dollar damages, alleged that assets were improperly shifted among six defendants to shield them from legal claims. Central to the case was the question of whether these transfers were made with intent to defraud creditors and whether all parties were complicit in the alleged scheme.
Representing three of the six defendants, Mike Wynne presented a compelling defense, emphasizing the legitimacy of the transactions and the independent legal standing of his clients. After extensive testimony and legal arguments, the jury rendered a favorable verdict—finding against the defendants except for the three represented by Wynne.
This decisive outcome underscores WSY’s expertise in navigating high-stakes commercial litigation and successfully defending clients against serious financial allegations.
“We are proud to have helped our clients clear their names in a case with significant personal and professional implications,” said Wynne following the verdict.
The case serves as a strong reminder of the complexities of TUFTA claims and the critical role experienced trial counsel plays in achieving justice.