RUBIN, J.
Colonial Pacific Leasing Corporation and GE Capital Commercial, Inc. (collectively, GE) brought the instant fraudulent conveyance action to set aside a transfer from its debtor Khatija Kazi (mother) to the debtor's daughter Fatima Kazi (daughter). GE was successful at trial and obtained a judgment against daughter setting aside the transfer. While daughter's appeal was pending, mother satisfied her underlying debt. As the debt has been satisfied, GE is no longer a creditor of mother and the matter is moot. We therefore reverse the judgment and remand with directions that the action be dismissed.
The relevant history is simple and undisputed. In November 2010, GE brought suit against mother, obtaining a judgment against her in the amount of $9.9 million. While that action was pending, mother transferred her mansion to daughter. It was this transfer that GE sought to set aside as fraudulent. The operative complaint asserted a single cause of action, for fraudulent transfer.
On June 16, 2014, GE obtained a judgment declaring the transfer of the home from mother to daughter null and void. Daughter filed a timely notice of appeal.
While the appeal was pending, mother satisfied the underlying judgment. On April 1, 2015, GE filed an acknowledgement of satisfaction of judgment. As such, GE is no longer a creditor of mother, and has no interest in obtaining the house.
It cannot reasonably be disputed that the case is moot. Daughter herself argues that a fraudulent transfer action is moot and must be dismissed if the plaintiff is no longer a creditor of the debtor-transferor.
The usual practice when a case becomes moot pending appeal is dismissal of the appeal. (County of Fresno v. Shelton (1998) 66 Cal.App.4th 996, 1005.) "But involuntary dismissal of an appeal operates as an affirmance of the judgment below. [Citations.] If the appellate court wishes to avoid this result (for example, when the trial court granted relief that is rendered improper due to the mootness of the action), it can do so by reversing the judgment solely for the purpose of restoring the matter to the jurisdiction of the superior court with directions for that court to dismiss the action. [Citations.] This approach disposes of the case, not merely the proceeding that brought it to the appellate court. [Citation.]" (Ibid.) This resolution removes any implication that the `less-than-fully litigated judgment' has any continuing validity or effect. (Coalition for a Sustainable Future in Yucaipa v. City of Yucaipa (2011) 198 Cal.App.4th 939, 944.) As there is no longer any basis for the judgment declaring the transfer null and void, reversal and remand with directions to dismiss is the proper disposition of this matter.
The judgment is reversed and the matter remanded to the trial court for dismissal of the action as moot. The parties are to bear their own costs on appeal.
BIGELOW, P. J. and GRIMES, J., concurs.