On January 23, 2015, an motion for the appointment of a chapter 11 trustee or an examiner was filed in the bankruptcy case of Life Partners Holdings, Inc. and its affiliates.
The filing was assigned docket number 14 and is described on the court’s official docket as follows:
Application to approve the appointment of a chapter 11 trustee Motion of Securities and Exchange Commission Under 11 U.S.C. Section 1104(a) For Appointment of a Chapter 11 Trustee Filed by Creditor U.S. Securities and Exchange Commission (Attachments: # (1) Exhibit A # (2) Exhibit B & C # (3) Exhibit D – J # (4) Exhibit K – S # (5) Exhibit T # (6) Exhibit U # (7) Exhibit V Part 1 # (8) Exhibit V Part 2 # (9) Exhibit W & X) (Magee, Jessica)
Life Partners Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 20, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 15-40289. The bankruptcy case is currently assigned to United States Bankruptcy Judge Russell Nelms. The law firm of Forshey & Prostok LLP is acting as lead bankruptcy counsel to Life Partners Holdings, Inc. in the bankruptcy case.