Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers.

(b) On September 30, 2020, Emergent Capital, Inc. (the "Company") and Harvey Werblowsky, the Company's Chief Legal Officer and General Counsel, agreed to eliminate Mr. Werblowsky's position. Mr. Werblowsky's employment with the Company is terminated effective October 9, 2020.

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