Life Partners Holdings, Inc. Bankruptcy New Filing Alert: Objection To The Application For Authority To Retain Professionals

On June 25, 2015, an objection to the application for authority to retain professionals was filed in the bankruptcy case of Life Partners Holdings, Inc. and its affiliates.

The filing was assigned docket number 528 and is described on the court’s official docket as follows:

Emergency Motion in opposition to Trustee’s Declaration by Brian Pardo. (RE: related document(s)[347] Declaration re: Declaration of H. Thomas Moran II in Support of Voluntary Petitions, First Day Motions and Designation as Complex Chapter 11 Case 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. , [343] Application to employ Thompson & Knight LLP as Attorney for Chaper 11 Trustee Nunc Pro Tunc to March 13, 2015 and as Counsel for the Subsidiary Debtors , [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 , [345] Application to employ Asset Servicing Group as Consultant Nunc Pro Tunc to March 13, 2015 , [346] Application to employ Kimberly D. Hinkle as Attorney General Counsel Nunc Pro Tunc to March 13, 2015 ). (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D-1 # 5 Exhibit D-2 # 6 Exhibit E-1 # 7 Exhibit E-2 # 8 Exhibit F # 9 Exhibit G # 10 Exhibit H # 11 Exhibit I # 12 Exhibit J # 13 Exhibit K)) (Attachments: # (1) Exhibits 3 – 5 # (2) Exhibit 6 & 7 # (3) Exhibit 8 # (4) Exhibit 9 – 11) (Maldino, Mark)

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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