24
Oct
2023
Northstar Financial and Omnia: An Important Decision Regarding Segregated Accounts in Liquidation Context
On 28 July 2023, judgment was handed down judgment in an application by the joint provisional liquidators (“JPLs”) of Northstar Financial Services (Bermuda) Ltd. and Omnia Ltd. (together the“Companies”) to resolve questions regarding the operation of segregated accounts. The use of segregated accounts in Bermuda is...
03:38 /
Company & Commercial Law
