GWG Holdings, Inc.

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Case Number:

4:22-bk-90032

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. 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.