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

    Alia Moses

  • Filed

    04/20/2022

  • Last Filing

    01/19/2026

  • 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: Judge Alia Moses
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
PO Box 61209
Houston, TX 77208-1209
832-779-3580
Email: liz@lizfreemanlaw.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)

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)

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)

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)

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)

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
802 N. Carancahua St.
Suite 1400
Corpus Christi, TX 78401
361-698-5200
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
United States

represented by
Thomas A Howley

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

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
01/19/20262821Affidavit Re: of Service (Supplemental) re: Order Setting Hearing (Docket No. 2791) (Filed By Stretto ).(Related document(s):2791 Order Setting Hearing) (Betance, Sheryl) (Entered: 01/19/2026)
01/16/20262820Response Joinder of Wells Fargo Bank, National Association to Life Recovery Fund LLC's Reply In Support Of Its Motion for an Order (A) Enforcing the Court's Confirmation Order and (B) for Related Relief [Related to Docket No. 2819]. Filed by Wells Fargo Bank, National Association (Perry, Kristen) (Entered: 01/16/2026)
01/16/20262819Reply // Life Recovery Fund LLC's Reply in Support of Its Motion for an Order (A) Enforcing the Court's Confirmation Order and (B) for Related Relief (related document(s):2762 Generic Motion). Filed by Life Recovery Fund, LLC (Green, Debbie) (Entered: 01/16/2026)
01/16/20262818Reply Brief in Further Support of its Motion to Enforce the Confirmation Order and Plan (related document(s):2765 Generic Motion). Filed by Vida Insurance Credit Opportunity Fund III GP, LLC (Attachments: # 1 Exhibit 1) (Tomasco, Patricia) (Entered: 01/16/2026)
01/14/20262817Notice of Appearance and Request for Notice Filed by Thomas A Howley Filed by on behalf of Successor Wind Down Trustee (Howley, Thomas) (Entered: 01/14/2026)
01/14/20262816PDF with attached Audio File. Court Date & Time [ 1/14/2026 9:05:12 AM ]. File Size [ 3872 KB ]. Run Time [ 00:08:04 ]. (admin). (Entered: 01/14/2026)
01/14/20262815Order Appointing Tom A. Howley as Successor Wind-Down Trustee of the GWG Wind Down Trust. Signed on 1/14/2026 (njc7) (Entered: 01/14/2026)
01/14/2026Courtroom Minutes. Time Hearing Held: 9:00 a.m.. Appearances: Ha Nguyen for US Trustee; Tom Howley proposed Successor Wind-Down Trustee; Nathan Palmer for GWG Litigation Trustee; Mikell West and Robert Clore for multiple parties, Gary Peterson, et al, in related litigation.

Minutes: Mr. Nguyen provided an update to the Court. Moved for admittance of Mr. Howley's declaration. Exhibit at Docket 28-10 admitted.
Mr. Howley was sworn in and provided testimony when questioned by Mr. West. No redirect. Witness excused.
Closing arguments by Mr. Nguyen. Mr. Palmer had no objections to Proposed Order at 2814. Mr. Howley was questioned by the Court.
Mr. Howley appointed. Proposed Order at 2814 to be signed by the Court.

(Related document(s):2783 Generic Order) (njc7) (Entered: 01/14/2026)
01/13/20262814Proposed Order RE: Appointing Tom A. Howley as Successor Wind-Down Trustee of the GWG Wind Down Trust (Filed By US Trustee 11).(Related document(s):2783 Generic Order, 2791 Order Setting Hearing) (Nguyen, Ha) (Entered: 01/13/2026)
01/13/20262813Additional Attachments Re: Letter Re: Unopposed Motion to Withdraw as Counsel (related document(s):2736 Motion to Withdraw as Attorney, 2741 Certificate of No Objection) (Filed By HCLP Nominees, LLC ).(Related document(s):2736 Motion to Withdraw as Attorney, 2741 Certificate of No Objection) (Attachments: # 1 Supplement) (Cohen, Jason) (Entered: 01/13/2026)