GWG Holdings, Inc.

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Case overview

Case Number:

4:22-bk-90032

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. 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.

  2. 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.