Information on the Liquidation of Executive Life Insurance Company

January 17, 2012

Kobre & Kim LLP represents multiple annuity holders who have received shortfall letters cutting their benefits by up to 60% and has objected to the ELNY restructuring in an effort to reduce clients' exposure on the shortfalls. We have filed objections to the proposed restructuring of ELNY in an effort to recover additional funds for our clients, who are beneficiaries under annuities issued by ELNY. The Court has set a hearing to consider objections to the restructuring plan on March 15, 2012.
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