SEC, IRS Say Wyly Ch. 11 Plan Flawed By Isle Of Man Trusts

By Jess Krochtengel · August 26, 2016, 9:17 PM EDT

The IRS on Friday objected to a Chapter 11 plan proposed in Texas bankruptcy court by the widow of business tycoon Charles Wyly, echoing concerns raised by the U.S. Securities and...

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Case Information

Case Title

Samuel Evans Wyly

Case Number

3:14-bk-35043

Court

Texas Northern

Nature of Suit

Date Filed

October 19, 2014