Vesttoo hits back at BMA/White Rock move to appoint liquidators
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Vesttoo hits back at BMA/White Rock move to appoint liquidators

Liz Bury
August 22, 2023
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A declaration filed at the Bankruptcy Court for the District of Delaware – in the case of Vesttoo Ltd., et al., by Appleby Bermuda partner John Wasty – has set out legal arguments in support of a motion for an order that would enforce an automatic stay against White Rock and the putative joint provisional liquidators of Vesttoo’s segregated accounts.

It comes after the Bermuda Monetary Authority and Aon’s ILS transformer White Rock moved on Friday to have the Bermuda Supreme Court appoint joint provisional liquidators for White Rock, with respect to Vesttoo cells that have been impacted by...

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