Arkansas jury awarded $47.4 million to bankruptcy trustee on a claim for a fraudulent transfer. On June 24, 2008, Plaintiff Equity Media Holdings sold its rights to the Retro Television Network, Inc., a network that broadcasted television programs from the 1960s, 70s, 80s and 90s. The rights were sold to Luken Communications, LLC for $18.5 million,…

A Houston oil company was assessed $34.8 million dollars in damages for wrongfully using a jet in a gold smuggling scam, in violation of the terms of its lease of an aircraft owned by Southlake Aviation LLC. Plaintiff Southlake Aviation leased a GulfStream V jet to Defendant CAMAC International Corp. for travel between CAMAC’s headquarters…