Chaucer wants Delaware Court to uphold Bermuda’s segregated cell principles
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Chaucer wants Delaware Court to uphold Bermuda’s segregated cell principles

The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions.

  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
separated cube ii ils.png

The scramble to recover assets from Bermuda Segregated Account Company (SAC) cells linked to Vesttoo stepped up a level last week when Chaucer filed its motion claiming sole voting rights over the assets of a specific cell.

T108,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business

Topics

Gift this article