Beneficient Announces Court Approval of GWG Litigation Settlement
"We are pleased that the Bankruptcy Court has approved this settlement, allowing us to move forward with a renewed focus on executing our business strategy and creating value for our shareholders," said a Company spokesperson. Following the settlement of the GWG Litigation in the Bankruptcy Court, other outstanding GWG-related claims against parties other than the Beneficient Parties remain outstanding, including certain claims against entities related to Beneficient's founder and CEO to whom Beneficient ow ...