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.
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.
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