BMA & White Rock joint action violates automatic stay provision, says Vesttoo

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Reinsurance News - Aug 21, 2023

In a recent filing to the U.S. bankruptcy court, insurtech Vesttoo has said that joint action launched in the Supreme Court of Bermuda by the Bermuda Monetary Authority (BMA) and Aon’s White Rock (SAC) Ltd. last week, violates the automatic stay under its Chapter 11 cases. On Friday, the BMA a...

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