Global Benefits Group, Inc. is a Princeton, New Jersey-based international insurance services platform founded in 1981 that arranged health, life, disability, travel, and educational insurance for multinational corporations, expatriates, and international students across 12 global offices with approximately 295 employees. The company filed Subchapter V Chapter 11 on June 18, 2024 in the U.S. Bankruptcy Court for the District of New Jersey after its Guernsey-based parent insurer, GBG Insurance Limited, entered administration in December 2023 following the discovery of 'many millions of pounds' in missing assets, leaving no reasonable prospect of a solvent sale. The parent insurer operated without its own employees and relied entirely on the U.S. debtors for operational support, making the parent collapse fatal to the U.S. entities' ability to continue. The Subchapter V plan of liquidation was confirmed consensually under Section 1191(a) on October 4, 2024, establishing a liquidation trust administered by Alan D. Halperin that received $3.2 million in initial funding from cash on hand, a $1 million MGEN settlement (40% allocation to GBG Inc.), and the sale of the GBG.com domain name to GB Group PLC for $125,000. General unsecured creditors holding approximately $9.4 million in allowed claims received approximately $941,500 in distributions (roughly 10% recovery) during the first year of trust administration. The court entered a final decree closing the case on January 13, 2026, approximately 19 months after the petition date, while preserving the liquidation trustee's authority to complete final distributions and wind down the trust.