PHT’s October Newsletter Released
You should have received a copy of the Newsletter by e-mail.
Tender Offer from Life Settlement Liquidity Option LLC
Life Settlement Liquidity Option, LLC (the “Offeror”) has made a tender offer to purchase up to 150,375,940 PHT units and up to 225,563,910 IRA Partnership units at a price of $0.133 per unit for the PHT and IRA Partnership units.
Offer to Purchase from Contrarian Funds, L.L.C.
Contrarian Funds, L.L.C. (”Contrarian”) has made an Offer to Purchase up to 19,745,000 Units of Life Partners Position Holder Trust ( “PHT units”) and up to 35,545,000 Units of Life Partners IRA Holder Partnership, LLC (“IRA Partnership units”) at a price of $0.16 per unit for the PHT and IRA Partnership units.
Action Items – What we need from you?
Please fill out a beneficiary designation form. This form allows you to determine who will receive your interest after your death. They also simplify the transfer of your interest as the interest passes on to your beneficiary outside of probate. You can find the beneficiary designation form on the Forms page of the website, along with a set of FAQs explaining them in more detail.
Read informative articles to update you on many facts.
This website is dedicated to disseminating information to the recipients of the securities issued by the Position Holders Trust or the IRA Partnership, pursuant to the Plan. If you elected to rescind your investment or are otherwise participating in the Creditors Trust, please click here to be redirected to the Creditors Trust’s website.