GWG Holdings, Inc. Chapter 11 Plan
On April 20, 2022, GWG Holdings, Inc. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas.
One year later, on April 21, 2023, GWG Holdings, Inc. received approval from the Bankruptcy Court to send its Chapter 11 reorganization plan to creditors, including GWG L Bond investors, for a vote.
The full GWG Chapter 11 Plan can be read here: GWG's Second Amended Joint Chapter 11 Plan.
The full Disclosure Statement can be read here: Disclosure Statement for GWG's Second Amended Joint Chapter 11 Plan.
A short, plain-English summary of the treatment of L Bondholders can be read here: Summary of Treatment of Bondholders Under GWG's Second Amended Joint Chapter 11 Plan.
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