Life Partners Holdings, Inc.
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- ORDER CONFIRMING REVISED THIRD AMENDED JOINT PLAN OF REORGANIZATION OF LIFE PARTNERS HOLDINGS, INC., ET AL PURSUANT TO CHAPTER 11 OF THE BANKRUPTCY CODE
- NOTICE OF (I) ENTRY OF ORDER CONFIRMING REVISED THIRD AMENDED JOINT PLAN OF REORGANIZATION, AND (II) CERTAIN RELATED DEADLINES
- REVISED THIRD AMENDED JOINT PLAN OF REORGANIZATION OF LIFE PARTNERS HOLDINGS, INC. ET.AL., PURSUANT TO CHAPTER 11 OF THE BANKRUPTCY CODE
- VIDA PLAN COLLABORATION AGREEMENT
General Information
On January 20, 2015, Life Partners Holdings, Inc. (“LPHI”) and on May 19, 2015 Life Partners, Inc. and LPI Financial Services, Inc.(collectively with LPHI, the “Debtors”) each filed a petition in the United States Bankruptcy Court for the Northern District of Texas (Fort Worth Division) seeking relief under Chapter 11 of the United States Bankruptcy Code. The Debtors’ cases have been assigned to the Honorable Russell F. Nelms. The Debtors have requested that the cases be jointly administered for procedural purposes, meaning that the Debtors are seeking for the pleadings to be maintained on the case docket for Life Partners Holdings, Inc.; Case No. 15-40289-RFN (the “Main Case Docket”). The Main Case Docket can be accessed through the website maintained by the United States Bankruptcy Court for the Northern District of Texas (Fort Worth Division) (http://www.txnb.uscourts.gov).
Important Phone Numbers
For additional information and inquiries about these cases, please call the numbers listed below.
Position Holder Trustee:
Eduardo Espinosa, TrusteeDykema Cox Smith
1717 Main Street, Suite 4200
Dallas, TX 75201
Phone: 214-462-6400
Fax: 214-462-6401
Email: trustee@lpi-pht.com
Magna Servicing:
P.O. Box 23226Waco, TX 76702
Phone: 800-368-5569
Customer Service Email: custsrv@magnaservicing.com
Premium Billing Email: premiums@magnaservicing.com
Policy Services Email: policyservices@magnaservicing.com
Creditor’s Trustee:
c/o Shay TalbitzerMunsch Hardt Kopf & Harr, P.C.
500 N. Akard Street, Suite 3800
Dallas, TX 75201-6659
Email: LPCreditorsTrust@munsch.com
Case Information
Effective Date
On December 9, 2016, the Revised Third Amended Plan of Reorganization of Life Partners Holdings, Inc., et al., Pursuant to Chapter 11 of the Bankruptcy Code [Docket No. 3427] (the “Plan”) became effective.
Plan Confirmation
On November 1, 2016 the United States Bankruptcy Court for the District of Texas Forth Worth Division entered the Order Confirming Revised Third Amended Joint Plan of Reorganization of Life Partners Holdings, Inc., et al Pursuant to Chapter 11 of the Bankruptcy Code. (Docket No. 3439) (the "Confirmation Order").
A notice of appeal was filed as Docket 3496 on November 16, 2016, the bankruptcy clerk has transmitted the notice of the appeal and it has now been docketed in the district court in Case 4:16-cv-01050. Click on the case number to see the docket for the case:
4:16-cv-01050 Dennis et al v. Moran, II et al
(For dockets filed after 8/1/2017 please go to the District Court site by clicking here.)
Section 341 Meeting of Creditors
Pursuant to section 341 of the Bankruptcy Code, the United States Trustee for the Northern District of Texas (the "United States Trustee") scheduled a meeting of creditors which was held on July 28, 2015 at 9:30 A.M. for Life Partners, Inc. and LPI Financial Services, Inc., at the United States Bankruptcy Court for the Northern District of Texas (the "Bankruptcy Court"), Fritz G. Lanham Federal Building, 819 Taylor Street, Room 7A24, Fort Worth, TX 76102.
The United States Trustee previously scheduled a meeting of creditors which was held on May 1, 2015 at 10:30 A.M. for Life Partners Holdings, Inc., at the Bankruptcy Court, Fritz G. Lanham Federal Building, 819 Taylor Street, Room 7A24, Fort Worth, TX 76102.
Debtors
Lead Debtor:
| 15-40289 | Life Partners Holdings, Inc. |
| 15-41995 | Life Partners, Inc. |
| 15-41996 | LPI Financial Services, Inc. |
Adversary Proceedings
The following is a list of Adversary Proceedings that have been filed related to the Debtors’ cases (click on the case number to see the docket for that case):
| 15-04051-rfn | KLI Investments, LP et al v. Life Partners, Inc. |
| 15-04061-rfn | Garner v. Life Partners, Inc. Case is transferring into U.S. District Court Northern District of Texas (Fort Worth) |
| 4:16-cv-00212 | Philip M. Garner et al. v. Life Partners, Inc. (For dockets filed after 8/1/2017 please go to the District Court site by clicking here.) |
| 15-04064-rfn | Arnold et al v. Life Partners, Inc. |
| 15-04079-rfn | Moran v. Pardo Case is transferring into U.S. District Court Northern District of Texas (Fort Worth) |
| 4:15-cv-00905-O | Pardo, et al v. Moran (For dockets filed after 8/1/2017 please go to the District Court site by clicking here.) |
| 15-04087-rfn | Moran v. Sundelius |
| 15-04110-rfn | Moran II v. Abundant Income, LLC et al |
| 15-04106-rfn | Pillar Life Settlement Fund I, L.P. et al v. Life Partners, Inc. |
| 16-04022-rfn | Moran, et al. v. Ostler, et al. |
| 16-04024-rfn | Moran, et al. v. Happy Endings |
| 16-04025-rfn | Moran II et al v. Brooks |
| 16-04026-rfn | Moran II et al v. Summit Alliance Settlement Company, LLC et al |
| 16-04027-rfn | Moran, et al. v. ESP Communications |
| 16-04028-rfn | Moran II et al v. American Heart Association et al |
| 16-04029-rfn | Moran, et al. v. Funds for Life, et al. |
| 16-04030-rfn | Moran, et al. v. Atwell, et al. |
| 16-04031-rfn | Moran, et al. v. Blanc & Otus, et al. |
| 16-04032-rfn | Moran, et al. v. Averritt, et al. |
| 16-04033-rfn | Moran, et al. v. Cassidy |
| 16-04034-rfn | Moran, et al. v. Robin Rock, et al. |
| 16-04035-rfn | Moran, et al. v. 72 Vest, et al. |
| 16-04036-rfn | Moran, et al. v. Alexander, et al. |
| 16-04037-rfn | Moran, et al. v. Coleman, et al. |
| 16-04038-rfn | Moran, et al. v. A. Roger O. Whitley, Group, Inc., et al. |
| 16-04039-rfn | Moran, et al. v. Ballantyne, et al. |
| 2:16-ap-01124BB | LPHI v. Wedbush |
| 15-00640 | LPHI v. optionsXpress |
U.S. Court Appeals
The following is a list of United States Court of Appeals for the 5th Circuit that have been filed related to the Debtors’ cases (click on the case number to see the docket for that case):
| 16-11436 | Philip Garner, et al v. Life Partners, Inc., et al. (For dockets filed after 8/1/2017 please go to the District Court site by clicking here.) |
Final Decree
NOTE: Pursuant to the Final Decree Closing the Chapter 11 Case dated March 29, 2021, the Debtors’ chapter 11 cases were closed. This site is left up for archival purposes.
Amended Schedules
On February 12, 2016, LPI filed an amendment to Schedule F pursuant to Bankruptcy Rule 1009 (“Amended Schedule F”). Amended Schedule F replaces and supersedes any amounts listed with respect to the parties listed in Schedule F.
You may access copies of the Amended Schedule F by clicking on the links below:
Part 1 - Global Notes Creditors A-C
If you have already filed one or more Proofs of Claim to assert your claim(s) against LPI, you do NOT need to re-file your Proof(s) of Claim, even if you disagree with the amount(s) scheduled under Amended Schedule F corresponding to your claim(s). However, if your claim is marked under Amended Schedule F as contingent, unliquidated, and/or disputed, and you have not already filed a Proof of Claim in these chapter 11 cases on account of such claim, you must timely file a Proof of Claim by March 21, 2016, the Bar Date Due to Schedule F Amendment.