Life Settlement Company Files For Bankruptcy

Life Settlement Company Files For Bankruptcy

News reports indicate that companies affiliated Emergent Capital, Inc., filed for bankruptcy this month, apparently due to the possibility of a loan default resulting from changes in life expectancy estimates.

Law360’s report, Life Settlements Firms Open Del. Ch. 11 As Debt Limit Nears, is available here.

Another news story, Emergent Files For Bankruptcy, Fearing Loan Default, has been published by The Deal Pipeline.

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