Life Insurance Buyer Gets New Ch. 11 Stalking Horse Bidder
By Rose Krebs ( February 14, 2019, 10:33 PM EST) -- A bankrupt purchaser of life insurance policies from wealthy policyholders announced Thursday that it will pursue a Chapter 11 auction of its portfolio of policies with a $5.65 million offer from a new stalking horse bidder that proposes less costly bid protections than a prior offer did....
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