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LPI-PHT - Dallas, TX. Michael Quilling. Trustee. Welcome to the Life Partners Position Holder Trust Website. 2022 Tax Form Info. The Trust is closed. The sale of all Trust assets took place in August 2022. That sale made it possible to pay a final distribution to all unit holders on September 15, 2022.
- Tax Forms
The Life Partners IRA Partnership is the holder of a large...
- About Us
Glenda Pirie is a fellow investor who first invested in Life...
- How Does The Trust Operate
How Does The Trust Operate - LPI-PHT - Dallas, TX
- What Do I Own
The bad news is you must continue paying premiums to protect...
- Distributions
Perhaps the most frequent question we receive from investors...
- How to Transfer, Sell or Abandon
How to Transfer, Sell or Abandon - LPI-PHT - Dallas, TX
- Tax Forms
- Major Fraud
- Settlement Structure
- Case Information
The settlement, filed in April, came weeks after Chapter 11 trustee H. Thomas Moran II said that Life Partners, and its former CEO Brian Pardo, engaged in one of the largest fraudsin Texas history. Mr. Moran claims that under Pardo’s direction, Life Partners solicited investors to purchase a stake in life insurance policies the company acquired. Li...
The parties’ agreement provides for the certification of a settlement class in Life Partners’ bankruptcy cases for purposes of voting on a Chapter 11 plan. The agreement would break the class into various subclasses, the largest of which includes 11,322 investors. Reports currently estimate the total value of the settlement for class members at $1,...
David M. Bennett, Richard B. Roper and Katharine Battaia Clark of Thompson & Knight LLP represent the trustee. The Plaintiffs are represented by Bieging Shapiro & Barber LLP, the Langston Law Firm and Sternklar Law, LLC. The case is in the U.S. Bankruptcy Court for the Northern District of Texas. Source: Law360.com
Sep 13, 2022 · NEW YORK-- ( BUSINESS WIRE )--Life Partners Position Holders Trust (the “Trust”) and BroadRiver Asset Management, L.P. (“BroadRiver”) announced that on September 6 the Trust and BroadRiver...
Dec 3, 2014 · Andrew Ceresney. Director, Division of Enforcement. Dec. 2, 2014. We are pleased that the court today ordered Life Partners, Pardo, and Peden to pay over $46.8 million.
Nov 1, 2016 · Life Partners to Exit Bankruptcy With Vida Capital Support. • Plan preserves $2.4 billion life insurance policy portfolio. • Texas-based Vida will pay for right to service policies. Life Partners Holdings Inc., which collapsed amid accusations that it defrauded investors, will end its tumultuous bankruptcy by putting a Texas-based ...
May 21, 2015 · A Texas company that sold more than $1.3 billion of fractional interests in individuals’ life-insurance policies to more than 20,000 people operated a “wide-ranging scheme to defraud its...
Jun 14, 2017 · Jun 14, 2017. A jury in Fort Worth has found that Brian Pardo, longtime CEO of Waco-based Life Partners Holdings, committed fraud in his operation of the company he founded and owes millions of...
