Fintech Co. Seeks Ch. 11 Protections Amid Fraud Allegations
By Ali Sullivan ( August 14, 2023, 11:07 PM EDT) -- Embroiled Israeli fintech company Vesttoo Ltd. on Monday said it launched Chapter 11 bankruptcy proceedings in Delaware, an announcement made after Aon PLC subsidiary White Rock urged a New York federal judge to freeze the startup's assets while White Rock pursues arbitration over an "apparent large-scale fraud scheme surrounding letters of credit."...
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.