GWG Holdings, Inc.
Case Number:
4:22-bk-90032
Court:
Nature of Suit:
Firms
- Akerman LLP
- Akin Gump
- Bonds Ellis
- Bracewell LLP
- Cleary Gottlieb
- Cravath Swaine
- Davis Polk
- Diamond McCarthy
- Erez Law
- Faegre Drinker
- Girard Sharp
- Goodman & Nekvasil
- Gordon Rees
- Gray Reed
- Holland & Hart
- Holland & Knight
- Hughes Watters
- Jackson Walker LLP
- Katten Muchin
- King & Spalding
- Kirkland & Ellis
- Latham & Watkins
- Law Offices of Joshua B. Kons
- Mayer Brown
- Norton Rose
- Okin Adams
- O'Melveny & Myers
- Paul Hastings
- Phelps Dunbar
- Porter Hedges
- Proskauer Rose
- Quinn Emanuel
- Reid Collins
- Ross Smith & Binford
- Sarachek Law Firm
- Schlichter Bogard
- Sonn Law Group
- Tran Singh
- Vogel Law Firm
- Walker and Patterson
- White & Case
- Willkie Farr
- Winston & Strawn
Companies
- Ankura Consulting Group LLC
- Bank of Utah
- Centaurus Financial Inc.
- CLMG Corp.
- Ernst & Young LLP
- Grant Thornton LLP
- Obra Capital Inc.
- Province LLC
- Stretto Inc.
- U.S. Bancorp
- Wells Fargo & Co.
Government Agencies
Sectors & Industries:
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October 27, 2023
$1.3M Jackson Walker Award Delayed By Judge Jones Fallout
A federal bankruptcy watchdog has convinced a Houston judge to delay payment of $1.3 million in fees and expenses to Jackson Walker LLP following revelations of U.S. Bankruptcy Judge David R. Jones' cohabitation with a bankruptcy lawyer who until recently worked at the Texas firm.
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March 31, 2023
GWG Needs Two Weeks For Additional Ch. 11 Disclosures
Attorneys for life insurance-backed bond seller GWG Holdings told a Texas bankruptcy judge Friday that it would need two additional weeks to provide additional disclosures about creditor recoveries requested by the court.
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March 28, 2023
GWG Has Too Little Info In Ch. 11 Plan Disclosure, Judge Says
A Texas bankruptcy judge told life-insurance-backed bond seller GWG Holdings Inc. Tuesday that it needs to provide bondholders more information about their potential recoveries before he can approve sending its Chapter 11 plan out for a vote.
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March 20, 2023
GWG Says It Will Have Ch. 11 Plan For Court In Days
Life-insurance-backed bond seller GWG Holdings Inc. told a Texas bankruptcy judge Monday it is days away from filing a liquidating plan after reaching a deal with bondholders on how to resolve its Chapter 11 case.
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October 28, 2022
Celsius Network Gets OK To Auction, GWG To Raise Money
Crypto lender Celsius Network got the go-ahead to auction off its assets, bond seller GWG Holdings got permission to raise $630 million to pay back its bankruptcy loans and Axos Bank was hit with an $18.3 million verdict for pilfering MUFG Union Bank's Chapter 7 trustee deposit business. This is the week in bankruptcy.
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October 27, 2022
GWG Can Pursue $630M Ch. 11 Financing Tied To Portfolio
Life-insurance-backed bond seller GWG Holdings Inc. received court approval Thursday of its decision to pursue a Chapter 11 financial transaction that will see it raise $630 million to pay off bankruptcy loans and provide liquidity for after it leaves insolvency court.
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July 21, 2022
Crypto Dominos Keep Falling, J&J Wants Talc Injunction
Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.
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July 18, 2022
GWG Approved For New Ch. 11 Financing With Sale Option
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 debtor's portfolio of life insurance policy assets for at least $610 million.