NEW YORK, July 28, 2016 /PRNewswire/ -- Transparency Alliance LLC has finalized its schedule of in-person meetings and live webinars with Life Partners Holdings, Inc.'s creditors. Investors can register for the meetings and webinars at: http://www.transparencyalliance.net/roadshow.

The road show gives investors the opportunity to obtain more information, and ask questions, about Transparency Alliance's proposed bankruptcy reorganization plan for Life Partners Holdings (the "Transparency Plan")—before they vote by proxy to choose a plan for emerging from Chapter 11. Investor queries can be directed to Transparency Alliance, an affiliate of BroadRiver Asset Management, L.P., at (888) 365-3611 or (330) 333-7266. 

The Transparency Plan is an alternative to the plan put forth by Life Partners Holdings' Chapter 11 Trustee, H. Thomas Moran II, and was recently approved for solicitation by Judge Russell F. Nelms of the U.S. Bankruptcy Court for the Northern District of Texas. The Transparency Plan presents creditors with a safer and more cost-effective option for protecting the value of their investments.

Under the terms of the Transparency Plan, servicing for the investments in the Life Partners Holdings portfolio would be conducted by multiple independent administrators, each with separate responsibilities—creating a robust system of checks and balances that ensures the assets would be serviced in the best interests of investors. Oversight would be provided by an independent Advisory Board consisting of insurance and life settlement experts and headed by Eleanor Kitzman, former Commissioner of the Texas Department of Insurance and former Director of the South Carolina Department of Insurance.

In addition to providing asset-servicing and administration without conflicts of interest, the Transparency Plan also calls for conflict-free financing. Under the terms of the plan, Transparency Alliance would provide short- and long-term exit financing through an affiliate, with no commitment fees. This financing, when combined with Transparency Alliance's life settlement expertise and track record of successful investment management, would prevent the Life Partners Holdings portfolio from falling into bankruptcy again. More information about the Transparency Plan is available at: http://www.transparencyalliance.net.

Transparency Alliance's full schedule of investor meetings and webinars is below:

About Transparency Alliance LLC

Transparency Alliance, an affiliate of BroadRiver Asset Management, L.P., was formed for the purpose of offering a safer, more cost-effective reorganization plan for the bankruptcy of the former Life Partners Holdings, Inc. (LPI). The team at Transparency Alliance has managed life insurance settlement investments for some of the world's largest institutional investors since 2002. We are successful because we are meticulous in our analysis and we understand the complexities of these assets. We also offer former LPI investors institutional-grade servicing that meets exceptionally high standards and includes a system of independent checks and balances. For more information, please visit www.transparencyalliance.net.

Investor Contact: Transparency Alliance, (888) 365-3611 or (330) 333-7266.

Media Contact: Jami Schlicher, JConnelly, (973) 850-7309 or jschlicher@jconnelly.com.

SOURCE Transparency Alliance LLC

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