General Case Information

  • On April 20, 2022, GWG Holdings, Inc. and certain of its subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division.  The cases are pending before the Honorable Marvin Isgur and are being jointly administered under Case No. 22-90032.

List of Debtors
Case Number Case Name
22-90032 GWG Holdings, Inc. 
22-90033 GWG Life, LLC
22-90034 GWG Life USA, LLC
 
  • On May 9, 2022,  a Bondholders Committee was appointed by the Office of the United States Trustee. On June 17, 2022, the Bondholders Commitee was reconstituted.  The current members of the Bondholders Committee are:  Bank of Utah, Thomas Horton, Donald W. Rhodes, Matthew Pearce, Ali Danesh, and Frank S. Moore.

  • The Committee has selected the following law firms to represent it:

    Eric M. English
    M. Shane Johnson
    PORTER HEDGES LLP
    1000 Main Street, 36th Floor
    Houston, TX 77002-2764
    Telephone: (713) 226-6000
    Facsimile: (713) 226-6248
    Email: eenglish@porterhedges.com
    sjohnson@porterhedges.com

    Lacy M. Lawrence
    Akin Gump Strauss Hauer & Feld LLP
    2300 N. Field St., Suite 1800
    Dallas, TX 75201
    Telephone: (214) 969-2800
    Facsimile: (214) 969-4343
    E-mail: llawrence@akingump.com

    Michael S. Stamer
    Abid Qureshi
    Jason P. Rubin
    Akin Gump Strauss Hauer & Feld LLP
    One Bryant Park
    New York, NY 10036
    Telephone: (212) 872-1000
    Facsimile: (212) 872-1002
    E-mail: mstamer@akingump.com
    aqureshi@akingump.com
    jrubin@akingump.com

    Scott L. Alberino
    Benjamin L. Taylor
    Akin Gump Strauss Hauer & Feld LLP
    Robert S. Strauss Tower
    2001 K Street, N.W.
    Washington, DC 20006-1037
    Telephone: (202) 887-4000
    Facsimile: (202) 887-4288
    E-mail: salberino@akingump.com
    taylorb@akingump.com

    The Bondholder Committee may be contacted through its counsel.

  • The Bondholder Committee has selected AlixPartners LLP as its financial advisor.  The primary contact at  AlixPartners for these cases is David MacGreevey

  • The Bondholder Committee has selected Piper Sandler & Co., through its Restructuring Group TRS Advisors as its investment banker.  The primary contact at Piper Sandler for these cases is Matthew Mintzer.