Archive for the ‘DealFlow Media’ Category
ARM Entertaining Other Offers Following Failed Insetco Deal
ARM Asset-Backed Securities has received other proposals for its $320 million life settlement portfo…
Insetco's Offer to Buy ARM Collapses
A proposal for Insetco, a relatively new market player, to acquire the troubled ARM Asset-Backed Sec…
Vespera Life Finds Funder to Buy Small-Face Policies
Vespera Life, which obtained a provider's license from Florida in February 2011, said it plans to bu…
Pardo, Peden Win Re-Election to Life Partners Board
Brian Pardo, chief executive of beleaguered Life Partners Holdings, and Scott Peden, general counsel…
FSA Shows No Bending to Industry Criticism
As the Financial Services Authority's formal public comment period on whether to ban life settlement…
Monarch Alternative Capital Puts in Winning Bid for Part of Caldwell Portfolio
Monarch Alternative Capital, a New York-based buyer of distressed assets, has put in a winning bid f…
New Jersey Insurance Commissioner Leaving Job, Paper Says
New Jersey's insurance and banking commissioner, Tom Considine, plans to give up his position in Feb…
California Man Faces Foreclosure After Refinancing Home to Pay for $3M Policy
A California man who took out a line of credit to pay premiums on a $3 million policy that he could …
Imperial Obtains Funding for Structured Settlement Receivables
Imperial Holdings, the Boca Raton, Fla., specialty-finance firm being investigated by federal author…
Welcome Funds Finds Buyer for Small-Face Term Conversion Policies
Welcome Funds, a Boca Raton, Fla.-based life settlement broker, has found an A-rated institutional b…