David Bennett Quoted in The Deal on Life Partners Plan Confirmation

“Judge enters order confirming Life Partners’ reorganization plan”

The long-running Life Partners Holdings Inc. bankruptcy case finally is over.

Judge Russell Nelms of the U.S. Bankruptcy Court for the Northern District of Texas in Fort Worth entered an order Tuesday, Nov. 1, confirming the reorganization plan for the company and its two subsidiaries.

David Bennett, a partner with the Thompson & Knight LLP law firm in Dallas who represented the trustee, said in an e-mail that “entry of the confirmation order marks another important milestone in the bankruptcy process and brings us one step closer to beginning the process of generating a recovery for the investors who were victimized by the business activities of prior Life Partners management.”