GWG Approved For New Ch. 11 Financing With Sale Option

By Vince Sullivan · July 18, 2022, 6:41 PM EDT

Life insurance-backed bond seller GWG Holdings Inc. received verbal approval from a Texas bankruptcy judge for a new, cheaper $65 million debtor-in-possession financing package that includes an option to sell the...

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Case Information

Case Title

GWG Holdings, Inc. and GWG DLP Funding Holdings VI, LLC

Case Number

4:22-bk-90032

Court

Texas Southern

Nature of Suit

Date Filed

April 20, 2022