On June 2, 2015, a response to the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Life Partners Holdings, Inc. and its affiliates.
The filing was assigned docket number 402 and is described on the court’s official docket as follows:
Joinder by KLI Investments, LLC to Joint Motion to Continue Hearing on Trustee’s (I) Emergency Motion for Authority to Replace Record Policy Beneficiaries; and (II) Emergency Motion to Approve Plan for Payment of Life Insurance Premiums filed by Creditor KLI Investments, LLC (RE: related document(s) Motion Emergency Motion for Authority to Replace Record Policy Beneficiaries. ,  Joint Motion to continue hearing on (related documents  First Day Motion,  First Day Motion) ). (Attachments: # (1) Proposed Order) (Taube, Eric)
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.