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,_ v - Fifth Court of Appeals

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llo<br />

1,-j<br />

24.009 to the amount necessary to satisfy the creditor's claim or $112,000.00.<br />

Appellee's own pleadings admit that the amount due and owing under the Note<br />

was $112,000.00. CR. 70. Even with additional interest at 12%, the amount under<br />

the Note could not be anywhere close to $175,000.00.<br />

There is some indication that the "actual damages" award may have<br />

included Appellee's claim for the later incurred attorney's fees (total amount<br />

alleged for attorney's fees is $61,848.47). However, the Judgment also separately<br />

awarded $61,848.47 in attorney's fees under Tex. Bus. & Comm. Code § 24.013.<br />

Therefore, the Judgment award <strong>of</strong> $175,000.00 in "actual damages" is in direct<br />

contravention to the UFT A and results in a windfall to Appellee, as he has<br />

recovered twice for his alleged attorney's fees, once for "actual damages" under<br />

the UFTA and again under the attorney's fees provision in the UFTA.<br />

ISSUE FIVE<br />

Whether the trial court erred when it awarded $61,848.47 in trial attorney's<br />

fees and $25,000.00 and $15,000.00 in appellate attorney's fees under the<br />

Uniform Fraudulent Transfer Act.<br />

Summary <strong>of</strong> the Argument<br />

The Judgment awards $61,848.47 in attorney's fees, pursuant to the Tex.<br />

Bus. & Comm. Code § 24.013. CR. 193. The Judgment also awards contingent<br />

attorney's fees <strong>of</strong> $25,000.00 in the case <strong>of</strong> an unsuccessful appeal to the <strong>Court</strong> <strong>of</strong><br />

<strong>Appeals</strong> and $15,000.00 in the case <strong>of</strong> an unsuccessful appeal to the Texas<br />

Supreme <strong>Court</strong>. CR. 193.<br />

APPELLANT'S BRIEF<br />

29

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