Vesttoo creditors offered quick payout options as claims reach $2.7bn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Vesttoo creditors offered quick payout options as claims reach $2.7bn

Jai Singh, 
Fiona Robertson
18 December 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
vesttoo logo red.jpg

Vesttoo creditors will vote on a wind-up plan that will allow them to opt for a streamlined partial payout, according to court filings.

The filings estimate that total claims from unsecured creditors may reach around $2.7bn.

The wind-up plan would allow unsecured creditors – who are owed somewhere from $1.6bn

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News InsurTech Vesttoo Capital raising
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
fiona robertson/fiona robertson ii ils.png
Fiona Robertson
Editor-in-Chief
Contact
Gift this article