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JANVEY v. GOLF CHANNEL, INC.

No. 13-11305.

834 F.3d 570 (2016)

Ralph S. JANVEY, In His Capacity as Court Appointed Receiver for the Stanford International Bank Limited, et al; Official Stanford Investors Committee, Plaintiffs-Appellants; v. The GOLF CHANNEL, INCORPORATED; TGC, L.L.C., doing business as Golf Channel, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Filed August 22, 2016.

Attorney(s) appearing for the Case

Kevin M. Sadler , Baker Botts, L.L.P., Palo Alto, CA, Stephanie Frederique Cagniart , Attorney, Scott Daniel Powers, Baker Botts, L.L.P., Austin, TX, Timothy Stuart Durst, Esq. , Baker Botts, L.L.P., Dallas, TX, for Plaintiff-Appellant Ralph S. Janvey.

Douglas J. Buncher , Nicholas A. Foley, Esq. , Neligan Foley, L.L.P., Dallas, TX, Edward C. Snyder , Castillo Snyder, P.C., Edward Frazer Valdespino , Strasburger & Price, San Antonio, TX, for Plaintiff-Appellant Official Stanford Investors Committee.

Theodore W. Daniel, Esq. , Kyle Morris Schindler , Norton Rose Fulbright US, L.L.P., Dallas, TX, Jonathan S. Franklin , Norton Rose Fulbright US, L.L.P., Washington, DC, Katherine D. Mackillop, Esq. , Norton Rose Fulbright US, L.L.P., Houston, TX, for Defendants-Appellees.

W. Scott Hastings, Esq. , Locke Lord, L.L.P., Dallas, TX, for Amicus Curiae University of Miami.

Mary L. O'Connor , Akin Gump Strauss Hauer & Feld, L.L.P., Farrow-Gillespie & Heath, L.L.P., Dallas, TX, for Amici Curiae IMG Worldwide, Incorporated, International Players Championship, Incorporated.

Lisa Staler Gallerano , Akin Gump Strauss Hauer & Feld, L.L.P., Dallas, TX, for Amici Curiae PGA Tour, Incorporated, ATP Tour, Incorporated.

Before ELROD and SOUTHWICK, Circuit Judges.

Stanford International Bank, Limited paid $5.9 million to The Golf Channel, Inc., in exchange for a range of advertising services aimed at recruiting additional investors into Stanford's multi-billion dollar Ponzi scheme.1 After the scheme was uncovered by the SEC and the district court seized Stanford's assets...

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