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: Structured Settlements 4Real

AIG: The Short and "Winding Down" Road With Imperial Holdings

By John Darer

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? Imperial Holdings has issued a revised S1 in conjunction with its Initial Public Offering (IPO).

It includes the following:
 
On September 30, 2010, we entered into a wind down agreement with Slate (A unit of AIG whereby
as of December 31, 2010, we will cease selling structured settlements to Slate.
Under the wind down agreement, which amends our existing arrangement with Slate,
we will continue submitting structured settlements to Slate through November 15,
2010 for purchase by December 31, 2010.

This author has canvassed all of the other structured settlement anuity issuers to dislcose whether or not their firm makes direct investment in structured settlement securitizations and has received no response.

Full post as published by Structured Settlements 4Real on October 01, 2010 (boomark / email).

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