The alternative asset management firm GWG Holdings has filed for Chapter 11 bankruptcy to address more than $2 billion in liabilities. In a letter to investors, the company stated that it cannot sell or make interest payments on its L Bonds until it settles these debts, and it has suspended sales of the bonds indefinitely. This has led to significant losses for investors in the bonds. The investment firm is a Dallas-based alternative asset manager, and its L Bonds are designed to purchase life insurance policies on the secondary market, and provide a payout in case the insured party dies. Who is the biggest seller of bonds? GWG Holdings marketed its bonds as high-interest, low-risk investments that backed by the life insurance policies purchased with the proceeds. However, these “life” bonds were illiquid and risky, as investors could not sell the bonds unless they agreed to redeem them with GWG Holdings for a 6% penalty. This was not suitable for many of the retail investor buyers, which included retirees and elderly people with a more conservative investing objective. Brokerage firms and financial advisors have a duty to conduct sufficient due diligence on securities before recommending them to clients. They must also disclose all material facts and risks associated with the investment, including any association to life insurance policies. We believe that numerous brokerage firms recommended GWG’s gwg bonds to investors without disclosing these associations and the substantial risks involved.
Roof replacement Visit the website is one of the largest home improvement projects that a homeowner can do. Replacing a roof is an essential part of protecting your home and your family from the elements. However, it can also be an expensive endeavor. The cost depends on several factors, such as the materials used, the type of roofing material, and the contractor. Re-roofing is a more straightforward process than complete roof replacement. This involves placing new shingles over the old ones. It does not require dismantling the roof, nor does it allow the roof deck to be inspected. However, it is a lot less efficient than replacing the entire roof. You will need a roofing contractor to do this job, as it requires extension ladders, air compressors, and tear-off shovels. A new roof will protect your home from harsh weather conditions, which can lead to mold, pest infestations, and leaks. Investing in a new roof can save you a lot of money in the long run. The Cost of Roofing: Understanding the Factors that Affect the Price The first step in the process of replacing your roof is to gather the necessary materials. Some common roof materials include asphalt shingles, tile, slate, metal, and wood shakes. The best way to get the job done is to hire a licensed roofing company. They have the equipment and training to do the job right. Before you go shopping, make sure you shop around. Choose a reputable company that will stand behind their work. Another thing to consider is the material used to replace your old roof. Asphalt shingles are the cheapest, but copper, zinc, steel, and wood shakes are the pricier options.
If you have decided that you're ready to sell your house Mandich Property Group, there are a number of ways to get the process done. Some home sellers choose to sell their homes through a real estate agent. This can be a good choice, as agents typically have a track record of selling houses for more money. However, you should consider your options before making a decision. Where do rich people bank? In general, the most popular approach for home sellers is to go with an agent. An agent will negotiate the terms of your sale and price the home. Another option for home sellers is to list the property on the open market. This can be a slower process, but it gives you the greatest opportunity to reach more qualified buyers. If you want to sell your house quickly, you'll need to make sure that the place is clean. Buyers don't like dirty houses, and they'll have a hard time looking through a messy property. A third way to sell your home quickly is to get a cash buyer. These companies buy homes from homeowners and offer a significant discount on the home's market value. Usually, these companies will pay 50-85% of the home's market value. Selling your home for cash can be a great way to get rid of debt and get on with your life. But it comes with its own set of pitfalls and financial risks. You could end up paying more for your house than it's worth.
If you're interested in getting a new fence for your Keller home, you have several options to choose from. If you want something timeless, a wood fence is a great choice. It's also a green option, and can be affordable. However, wood requires more maintenance than many other types of fencing, and you may need to have it replaced every 10 to 15 years. This will depend on the type of wood and the weather conditions in your Keller area. What type of fence adds to property value? Another option is to hire a handyman to install or repair your fence. Installing a new fence yourself can be frustrating, and can include things like matching up the paint and lining up the post lines. Hiring a handyman to do the installation for you will ensure that the new fence will meet all regulations. Keller Fence Contractors specialize in creating carefully crafted fences and decks that enhance the beauty of a property and provide additional security. The company was established in 1964 and offers a variety of fencing styles and installation options. The company also provides repair and maintenance services for existing fences. They are family owned and operated.
When moving from London, one of the most important decisions you'll make is choosing the best movers london on, You don't want to settle for an amateur company that charges a high price for a substandard service. Moving companies in London are regulated and have a strict code of conduct. Using a third-party moving company can save you a lot of money, and there are a variety of reasons to hire a professional service. The Best Moving Company For Decades Moving is stressful and can be difficult, but with the right moving company, you can rest assured that your belongings are in good hands. Choose a company that offers competitive rates, treats your belongings with care, and works efficiently. Although the Internet is replete with moving company reviews, these can be misleading. You may have to contact several companies to get a fair idea of their quality. Hopefully this article has given you a start on choosing a quality London moving company. AMJ Campbell is one mover in London, Ontario that specializes in residential and commercial relocation. AMJ Campbell has five years of experience in moving. His crew can handle local and long-distance moves, and they offer competitive prices. You can even hire these movers for packing and unpacking services, and most of them offer free quotes. If you're in the market for a moving company, you can also visit AMJ Campbell's website to learn more about their services.