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Life Settlement Insights
Life Settlement Insights Announces Second MBC Receiver Auction
September 14th, 2008
Life Settlement Insights LLC (LSI), a national life settlement brokerage firm, announced that the firm plans a second auction sale on behalf of the Court-appointed receiver for the Miami-based Mutual Benefits Corporation, Viatical Services, Inc., and Viatical Benefactors LLC. The second auction, scheduled for September 25th, will include five individual policies with aggregate face value of approximately $14.5 million, and an additional $52 million in fractional units spread across 470 policies. Additional information is available at www.mbcportfolio.com The initial auction, consisting of 195 policies in two portfolios, as well as fractional...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-14)
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