“Life Partners’ Ch. 11 Reorganization Plan Confirmed”
A Texas bankruptcy judge on Tuesday confirmed a Chapter 11 reorganization plan for Life Partners Holdings Inc. that was collectively filed by the debtor’s court-appointed trustee and an official committee of unsecured creditors, offering relief to thousands of investors, the trustee announced.
U.S. Bankruptcy Judge Russell F. Nelms confirmed a third amended plan filed by trustee H. Thomas Moran II and the official committee of unsecured creditors after a five-week contested hearing, Moran said.
Moran is represented by David M. Bennett, Richard B. Roper and Katharine Battaia Clark of Thompson & Knight LLP.