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News & Events January 2008 - News
Abacus Settlements, LLC has used its trademark in the US and Europe since 2004 and has acquired an international reputation for superior life settlement services and other goodwill. On January 3, 2008, a press release was issued regarding a new European life settlement management company called "Abacus Life Settlements Management". The press release caused immediate confusion among Abacus Settlements, LLC's customers and business partners. Abacus Settlements, LLC received numerous emails regarding whether it had any relationship or association with this new company. On January 14, 2008, Abacus Settlements, LLC issued a demand for the European company to cease and desist utilizing the name Abacus. The European company contacted Abacus' counsel on January 17, 2008, admitting that the name caused some confusion in the marketplace and advised it of the name change. "This was an unfortunate incident that has been rectified and we are obviously satisfied with the outcome of this matter." says Craig Seitel, CEO and founding member of Abacus Settlements, LLC. If you would like more information on this topic, call Edgardo Gonzalez, General Counsel at (212) 584-5700.
2008 - Events 4th Insurance Linked Securities Summit Insurance-linked securities offer investors both a high potential for growth and a non-correlation with the stock market. Some have even dubbed it “the ideal asset class” and “the holy grail of investments”. Despite coming off its biggest growth year in the brief 10 year history of the market, analysts and economists are still projecting significant growth in the industry. The Life Settlements Conference 2008 The Life Settlements Conference 2008, taking place at the Venetian, is the largest forum dedicated to the secondary life market. This event offers a fantastic way to increase sales and build brand awareness among potential clients, investors, and industry leaders. 14th Annual Fall conference - LISA Designed to bring members the latest issues, forums and new developments. LISA's annual conferences are the biggest life settlement conference drawing over 500 attendees. This conference also includes discussion panels, research and development presentations, guest speakers, and above all, plenty of opportunity to network and make deals. Non members are welcome to attend. Members enjoy a significant discount rate to attend the conference. Companies offering products or services to the industry will be represented at the Exhibitor Marketplace.
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