Winding Up - Northstar Financial Services (Bermuda) Ltd (2020-10-01)

Summary

This is a public notice from the Bermuda Monetary Authority announcing that it has commenced winding up proceedings against Northstar Financial Services (Bermuda) Ltd. in the Supreme Court of Bermuda. It confirms that the Court has appointed joint provisional liquidators to take control of the company.

• Court action: BMA issued winding up proceedings against Northstar Financial Services (Bermuda) Ltd. in the Companies (Winding Up), Commercial Court jurisdiction of the Supreme Court of Bermuda.
• Appointment: By Supreme Court order dated 25 September 2020, and a Notice of appointment dated 1 October 2020, Rachelle Frisby and John N Johnston of Deloitte Ltd. were appointed as joint provisional liquidators (JPLs) of the company.
• Contact point: Any questions regarding the company are to be directed to the JPLs via the email address provided in the notice.

The notice is informational, confirming the status of the company's winding up and identifying the appointed liquidators; it does not impose ongoing compliance obligations on other regulated entities.

Applies to

Northstar Financial Services (Bermuda) Ltd.