courts-2-
15 August 2023Alternative Risk Transfer

Vesttoo files chapter 11 bankruptcy to enable legal last stand

Insurtech ILS investment platform  Vesttoo filed for Chapter 11 bankruptcy protection to clear some breathing room as it plots a legal counter-attack in which it vows to “aggressively pursue all parties that harmed our business.”

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More on this story

Alternative Risk Transfer
15 August 2023   The court-ordered asset freeze, if confirmed, could quickly shutter the unit, CEO says.
Insurance
16 August 2023   Everybody goes to the long line as Chapter 11 up-ends individual courtroom pursuits.
Alternative Risk Transfer
16 August 2023   Carefully-worded statement allows suggestion of role by ousted leaders or staff.