View Single Post
 
Old 03-31-2023, 07:27 AM
danglanzsr danglanzsr is offline
Member
Join Date: Apr 2017
Posts: 52
Thanks: 2
Thanked 57 Times in 27 Posts
Default

I am an investor with Whitaker. GWG is in Chapter 11 reorganization (Southern District of Texas, cases 22-90032 and 22-90033) The L bonds have priority in the bankruptcy case and there is a high likelihood that the bonds will be paid since QWG has over a billion dollars in assets according to filings in the bankruptcy court. It is premature to claim that L bond investors have lost all their money. Therefore any law suit based on loss from the sale of the bonds would be premature. I am only addressing the GWG claims, not any other grievance others may have against Whitaker