Life Partners Holdings, Inc. Bankruptcy New Filing Alert: Motion For Miscellaneous “First Day” Relief

On May 20, 2015, a motion for miscellaneous “first day” relief was filed in the bankruptcy case of Life Partners Holdings, Inc. and its affiliates.

The filing was assigned docket number 352 and is described on the court’s official docket as follows:

Request for expedited consideration of first day matter. Re: filed by Trustee H. Thomas Moran II (RE: related document(s)[336] Motion for joint administration of cases 15-40289, 15-41995, and 15-41996 , [337] Motion to establish procedures (A) Permit Filing of Consolidated Creditor Matrix and Consolidated Mailing List, and (B) Implement Certain Notice Procedures. , [338] Motion to file document under seal. Emergency Motion to File Certain Creditor Information Under Seal , [339] Motion Emergency Motion for an Order Authorizing (A) Payment of Prepetition Wages, Salaries, and Payroll Taxes, (B) Reimbursement of Employees for Prepetition Business Expenses, and (C) Honoring of Existing Benefit Plans and Policies in the Ordinary Co, [340] Motion Emergency Motion to Authorize (A) Continued Workers’ Compensation, Liability, Property, and Other Insurance Programs, (B) Payment of All Obligations in Respect Thereof, and (C) the Ability to Enter into Premium Financing Agreements in the O, [341] Motion Emergency Motion to (A) Authorize Adequate Assurance of Payment to Utilities; (B) Prohibit Utilities from Altering, Refusing, or Discontinuing Services; and (C) Establish Procedures for Resolving Requests for Additional Assurance of Payment. , [342] Motion Emergency Motion to Authorize the Payment of Pre-Petition Taxes and Related Obligations; and Continue Such Payments Post-Petition in the Ordinary Course of Business. , [344] Application to employ Epiq Bankruptcy Solutions, LLC as Other Professional Emergency Application to Employ Epiq Bankruptcy Solutions, LLC as Exclusive Claims, Noticing and Balloting Agent , [348] Motion Emergency Motion for Authority to Replace Record Policy Beneficiaries. , [349] Motion Emergency Motion to (A) Extend Bar Date in Life Partners Holdings, Inc. and (B) Establish Consolidated Bar Dates for Filing Proofs of Claim and Interests and (C) Approving (I) Procedures for Notifying Creditors and (II) the Form and Manner of No, [350] Motion Emergency Motion to Approve Plan for Payment of Life Insurance Policy Premiums. ). (Attachments: # (1) Proposed Order) (Clark, Katharine)

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.


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