Case number: 4:22-bk-90032 - GWG Holdings, Inc. and GWG DLP Funding Holdings VI, LLC - Texas Southern Bankruptcy Court

Case Information
  • Case title

    GWG Holdings, Inc. and GWG DLP Funding Holdings VI, LLC

  • Court

    Texas Southern (txsbke)

  • Chapter

    11

  • Judge

    Eduardo V Rodriguez

  • Filed

    04/20/2022

  • Last Filing

    04/29/2026

  • Asset

    Yes

  • Vol

    v

Docket Header
COMPLX, LEAD, COMPLX, CLMAGT, MEDIATOR



U.S. Bankruptcy Court
Southern District of Texas (Houston)
Bankruptcy Petition #: 22-90032

Assigned to: Bankruptcy Judge Eduardo V Rodriguez
Chapter 11
Voluntary
Asset


Date filed:  04/20/2022
Plan confirmed:  06/20/2023
341 meeting:  06/29/2022

Debtor

GWG Holdings, Inc.

325 N. St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX
Tax ID / EIN: 26-2222607
fka
GWG Holdings LLC


represented by
Susan Tran Adams

Tran Singh LLP
2502 La Branch Street
Houston, TX 77004
832-975-7300
Fax : 832-975-7301
Email: stran@ts-llp.com

Victoria Nicole Argeroplos

Jackson Walker LLP
1401 McKinney Street
Suite 1900
Houston, TX 77010
713-752-4334
Fax : 713-308-4134
Email: vargeroplos@jw.com

Elizabeth Carol Freeman

The Law Office of Liz Freeman
1305 W. 11th St.
Suite 3087
Houston, TX 77008
713-562-5251
Email: liz@lizfreemanlaw.com

Thomas A Howley

Howley Law PLLC
700 Louisiana St.
Suite 4220
Houston, TX 77002
713-333-9125
Email: tom@howley-law.com

Charles Stephen Kelley

Mayer Brown LLP
700 Louisiana St.
Ste 3400
Houston, TX 77002
713-238-2634
Fax : 713-238-4634
Email: ckelley@mayerbrown.com

Kristhy M Peguero

Jackson Walker LLP
1401 McKinney St
Ste 1900
Houston, TX 77010
713-752-4440
Email: kpeguero@jw.com

John C. C. Sanders, Jr.

Winston & Strawn LLP
2121 N Pearl St
Ste 900
Dallas, TX 75201
214-453-6500
Email: jsanders@winston.com

Debtor

GWG Life, LLC

325 N. St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX
Tax ID / EIN: 20-4356955

represented by
Victoria Nicole Argeroplos

(See above for address)

Elizabeth Carol Freeman

(See above for address)

Thomas A Howley

(See above for address)

Charles Stephen Kelley

(See above for address)

Kristhy M Peguero

(See above for address)

Debtor

GWG Life USA, LLC

325 N. St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX
Tax ID / EIN: 32-0455538

represented by
Victoria Nicole Argeroplos

(See above for address)

Elizabeth Carol Freeman

(See above for address)

Thomas A Howley

(See above for address)

Charles Stephen Kelley

(See above for address)

Kristhy M Peguero

(See above for address)

Debtor

GWG DLP Funding IV, LLC

325 N St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX
Tax ID / EIN: 80-6213635

represented by
Victoria Nicole Argeroplos

(See above for address)

Elizabeth Carol Freeman

(See above for address)

Thomas A Howley

(See above for address)

Kristhy M Peguero

(See above for address)

Debtor

GWG DLP Funding VI, LLC

325 N St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX

represented by
Victoria Nicole Argeroplos

(See above for address)

Elizabeth Carol Freeman

(See above for address)

Thomas A Howley

(See above for address)

Kristhy M Peguero

(See above for address)

Debtor

GWG DLP Funding Holdings VI, LLC

325 N. St. Paul Street
Suite 2650
Dallas, TX 75201
DALLAS-TX

represented by
Victoria Nicole Argeroplos

(See above for address)

Elizabeth Carol Freeman

(See above for address)

Thomas A Howley

(See above for address)

Kristhy M Peguero

(See above for address)

Plaintiff

Gary Peterson


represented by
Robert William Clore

Bandas Law Firm, PC
717 Everhart Road, Suite A
Suite 1400
Corpus Christi, TX 78401
361-698-5200
Email: rclore@bandaslawfirm.com

Mikell Alan West

Bandas Law Firm, PC
555 N. Carancahua St.
Suite 1200
Corpus Christi, TX 78401
361-698-5200
Fax : 361-698-5222
Email: mwest@bandaslawfirm.com

Defendant

Peter T. Cangany, Jr.


represented by
Richard Thaddeus Behrens

Allen Overy Shearman Sterling US LLP
2601 Olive St.
Ste 17th Floor
Dallas, TX 75201
214-271-5812
Fax : 214-853-4132
Email: thad.behrens@aoshearman.com

Defendant

Murray T. Holland


represented by
Richard Thaddeus Behrens

(See above for address)

Frank J Wright

Law Offices of Frank J. Wright, PLLC
1800 Valley View Lane
Suite 250
Farmers Branch, TX 75234
214-935-9100
Email: frank@fjwright.law

Defendant

Beneficient Fiduciary Financial, L.L.C. in its capacity as Trustee of The Collective Collateral Trust I, The Collective Collateral Trust II, The Collective Collateral Trust III, The Collective Collate


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Funding Trust Management, L.L.C..


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

LiquidTrust Management, L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Bruce W. Schnitzer


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Thomas O. Hicks


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

The Beneficient Company Group, L.P.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

The Beneficient Company Group (USA), L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

CT Risk Management, L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Beneficient Management, L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Beneficient Company Holdings, L.P.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Beneficient Capital Company II, L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Defendant

Beneficient Capital Company, L.L.C.


represented by
Richard Thaddeus Behrens

(See above for address)

Trustee

Michael Goldberg, Litigation Trustee


represented by
Christopher R. Bankler

Jackson Walker LLP
2323 Ross Avenue
Suite 600
Dallas, TX 75201
214-953-6053
Fax : 214-661-5853
Email: cbankler@jw.com

Emma Emma Culotta

Reid Collins & Tsai LLP
1301 S Capital of Texas Hwy
Building C, Suite 300
Austin, TX 78746
832-723-2213
Email: eculotta@reidcollins.com

Elizabeth Carol Freeman

(See above for address)

Dylan E Jones

Reid Collins & Tsai LLP
1301 S Capital of Texas
Suite C300
Austin, TX 78746
208-484-9973
Email: djones@reidcollins.com

Morgan Mallory Menchaca

Reid Collins & Tsai LLP
1301 S. Capital of Texas Hwy
Suite 300
Austin, TX 78758
512-647-6116
Email: mmenchaca@reidcollins.com

Nathaniel John Palmer

Reid Collins & Tsai LLP
1301 S. Capital of Texas Hwy.
Ste C-300
Austin, TX 78746
512-647-6107
Fax : 512-647-6129
Email: npalmer@reidcollins.com

David William Parham

Akerman LLP
2001 Ross Ave
Ste 3600
Dallas, TX 75201
214-720-4300
Fax : 214-981-9339
Email: david.parham@akerman.com

William T Reid, IV

Reid Collins Tsai LLP
1301 S Capitol of Texas Hwy
Suite C 300
Austin, TX 78746
512-647-6100
Fax : 512-647-6129
Email: wreid@reidcollins.com

Michael John Yoder

Reid Collins & Tsai LLP
1601 Elm St
Suite 4200
Dallas, TX 75201
214-420-8912
Fax : 214-420-8909
Email: myoder@reidcollins.com

Trustee

Successor Wind Down Trustee

700 Louisiana Street, Suite 4220
Houston, TX 77002

represented by
Thomas A Howley

(See above for address)

Trustee

Tom A. Howley, GWG Wind Down Trustee

700 Louisiana Street, Ste. 4220
Houston, TX 77002

represented by
Thomas A Howley

(See above for address)

U.S. Trustee

US Trustee, 11

Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002

represented by
Alicia Lenae Barcomb

DOJ-Ust
515 Rusk Ave.
Suite 3516
Houston, TX 77002
713-718-4661
Email: alicia.barcomb@usdoj.gov

Hector Duran, Jr

U.S. Trustee
515 Rusk
Ste 3516
Houston, Tx 77002
7137184650
Email: Hector.Duran.Jr@usdoj.gov

Vianey Garza

DOJ-Ust
515 Rusk Street, Suite 3516
Houston, TX 77002
713-718-4663
Email: vianey.garza@usdoj.gov

Ha Minh Nguyen

Office of the United States Trustee
515 Rusk St
Ste 3516
Houston, TX 77002
202-590-7962
Email: ha.nguyen@usdoj.gov

Millie Aponte Sall

Office of the United States Trustee
515 Rusk Street
Suite 3516
Houston, TX 77002
713-718-4650
Email: millie.sall@usdoj.gov

Christopher Ross Travis

US Trustee
515 Rusk Street
Ste 3516
Houston, TX 77002
202-603-5225
Email: C.Ross.Travis@usdoj.gov

U.S. Trustee

US Trustee, 11

Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002
713-718-4650
represented by
Alicia Lenae Barcomb

(See above for address)

Hector Duran, Jr

(See above for address)

Ha Minh Nguyen

(See above for address)

Latest Dockets

Date Filed#Docket Text
04/29/20262871Certificate of Service re: Summary Paper Notice re Docket Nos. 2843-2844, 2848, 2864-2865, and Additional Documents (Filed By Stretto ).(Related document(s):2843 Generic Motion, 2844 Motion to Approve Compromise under Rule 9019, 2864 Generic Order, 2865 Order Setting Hearing) (Betance, Sheryl) (Entered: 04/29/2026)
04/24/20262870Certificate of Service (Supplemental) re: Amended Order Setting Non-evidentiary in Person Status Conference (Docket No. 2840) (Filed By Stretto ).(Related document(s):2840 Order Setting Hearing) (Betance, Sheryl) (Entered: 04/24/2026)
04/23/20262869Order Granting Motion for Ian Marshall Sander To Appear pro hac vice (Related Doc # 2857)
Note: Instructions to request Texas Southern CM/ECF registration through PACER are found here
Signed on 4/23/2026. (njc7) (Entered: 04/23/2026)
04/23/20262868Order Granting Motion for Gregory J. Star To Appear pro hac vice (Related Doc # 2855)
Note: Instructions to request Texas Southern CM/ECF registration through PACER are found here
Signed on 4/23/2026. (njc7) (Entered: 04/23/2026)
04/23/20262867Order Granting Motion for Benjamin Kampf To Appear pro hac vice (Related Doc # 2854)
Note: Instructions to request Texas Southern CM/ECF registration through PACER are found here
Signed on 4/23/2026. (njc7) (Entered: 04/23/2026)
04/23/20262866PDF with attached Audio File. Court Date & Time [04/22/2026 09:31:19 AM]. File Size [ 59938 KB ]. Run Time [ 02:07:30 ]. (admin). (Entered: 04/23/2026)
04/22/20262865Order Setting Hearing Signed on 4/22/2026 (Related document(s):2749 Motion to Approve Compromise under Rule 9019, 2750 Motion to Approve Compromise under Rule 9019, 2751 Motion to Approve Compromise under Rule 9019, 2762 Generic Motion, 2765 Generic Motion, 2843 Generic Motion, 2844 Motion to Approve Compromise under Rule 9019) Hearing scheduled for 6/9/2026 at 08:30 AM at Houston, Courtroom 401 (EVR). (njc7) (Entered: 04/22/2026)
04/22/2026Courtroom Minutes. Time Hearing Held: 9:30 a.m.. Appearances: Nate Palmer for Litigation Trustee Michael Goldberg; Michael Goldberg, virtually; Tom Howley in capacity as successor wind down Trustee; RJ Shannon and Benjamin Kampf for Estate of Lumina Alabastro; Jason Boland of Norton Rose Fulbright for Holland and Knight with Co-Counsel Ryan Higgins of Rusty Hardin & Associates; Joshua Huber; Sharon McCally and Hunter Barrow for Bill Benowski; Carly Milner for Richard Blatant and Singer; by Phone: Frank Wright for Hepner entities et al; Elliott Moskowitz for Ankura Consultants; Charlie Jones for Beneficial in connection with 9019 Motion at item# 3 on agenda. Debbie Green for Life Recovery Fund; Kristen Perry for Wells Fargo Bank National Association with colleague, Julie Landy; Victor Noskov for Vida Insurance.

Minutes: Non-evidentiary status conference held.

Agenda at 2853 following by the Court:

In re: GWG Holdings, Inc., et al. Case No. 22-90032

Item Nos. 1 and 2:
RJ Shannon and Benjamin Kampf for Alabastro Estate; Debbie Green, Victor Noskov addressed the Court. Parties will require 2 hours for motions ECF 2762 and 2765.

Item No. 3.
Mr. Palmer addressed the Court. Motion at 2613 to be terminated as moot.

Item Nos. 4, 5, 6 and 7.
Mr. Palmer and Mr. Wright. addressed the Court. 7 hours needed for 2749, 2750, 2751 and 2844.

Item No. 8.
Mr. Howley addressed the Court regarding Status Report at 2851.

Item No. 9.
Mr. Howley and Mr. Palmer addressed and were questioned by the Court regarding Motion to Establish Service Procedures at 2848. Motion 2848 approved by the Court.

Item No. 10.
Mr. Howley addressed the Court. Matter 2843 to be considered a priority matter by the Court.

Adversary No. 24-3090 Goldberg v. Heppner et al


Item Nos. 11-17.
Mr. Palmer addressed the Court on all matters simultaneously. Advised matters are moot. Notices were filed in adversaries filed dismissing those defendants with prejudice. Matters at ECF # 62, 101, 104, 110, 111, 113 and 114 terminated as moot.

Item Nos. 18, 19, 21.
Mr. Palmer and Mr. Wright addressed the Court. ECF 58, 60 and 63 withdrawn by Mr. Wright. Motion at 123 also withdrawn by Mr. Wright.

Item No 20.
Mr. Wright advised parties will require 6 hours for Dismiss at 61 which is related to 115 and 117. Mr. Wright to get clarification before end of the day.

Item No. 22.
Mr. Wright advised 115 terminated; 117 remains live pleading. Parties will require a full day for this smatter.

Adversary No. 24-3199 Goldberg v. Foley & Larnder, LLP.


Item No. 23.
ECF 19. Order Compelling Arbitration. Parties to provide Court with notice of outcome.

Adversary No. 25-3064. Goldberg v. Holland & Night.


Item No. 24.
ECF 20. Parties need 4 hour evidentiary in person hearing on this matter.

Adversary No. 26-3090. Golberg v. Ankura

Item No. 25.
ECF No. 1. Mr. Palmer and Elliot Moskowitz addressed the Court. Lawsuit recently filed. Parties to file a motion for withdrawal of the reference which will be taken up in due course.

Proposed Orders setting hearings drafted, demonstrated to the parties and issued by the Court. (Related document(s):2832 Order Setting Hearing) (njc7) (Entered: 04/22/2026)
04/22/20262864Order Granting GWG Litigation Trustee and Successor Wind Down Trustee's Joint Motion to Establish Service Procedures for the Litigation Trust and the Wind Down Trust. (Related Doc # 2848) Signed on 4/22/2026. (njc7) (Entered: 04/22/2026)
04/22/20262863Chapter 11 Post-Confirmation Report for Quarter Ended 3/31/2026 (Filed By GWG Life, LLC ). (Howley, Thomas) (Entered: 04/22/2026)