{"id":19958,"date":"2021-09-10T09:35:11","date_gmt":"2021-09-10T14:35:11","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19958"},"modified":"2022-07-22T11:32:53","modified_gmt":"2022-07-22T16:32:53","slug":"northstar-financial-bermuda-liquidation-update","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/","title":{"rendered":"Representatives To Be Appointed For Each Investor Class in Northstar Financial Services (Bermuda) Liquidation Proceedings"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Similar Determination Made in Wind Up Proceedings for Old Mutual (Bermuda)\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Bermuda\u2019s Chief Justice Narinder Hargun and Joint Provisional Liquidators (JPLs) are in agreement that representatives will be appointed for every creditor class in the liquidation proceedings for both Northstar Financial Services (Bermuda), Ltd. and Omnia, Ltd., which was formerly <\/span><a href=\"https:\/\/www.investorlawyers.com\/blog\/old-mutual-bermuda-arbitration-claim\/\"><span style=\"font-weight: 400;\">Old Mutual (Bermuda)<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Supreme Court of Bermuda also provided direction to the JPLs, after the latter determined that issues related to the assessment of asset segregation among the different kinds of investors could impact how much they all stood to recover.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/\"  title=\"Continue Reading Representatives To Be Appointed For Each Investor Class in Northstar Financial Services (Bermuda) Liquidation Proceedings\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Similar Determination Made in Wind Up Proceedings for Old Mutual (Bermuda)\u00a0 Bermuda\u2019s Chief Justice Narinder Hargun and Joint Provisional Liquidators (JPLs) are in agreement that representatives will be appointed for every creditor class in the liquidation proceedings for both Northstar Financial Services (Bermuda), Ltd. and Omnia, Ltd., which was formerly Old Mutual (Bermuda).\u00a0 The Supreme [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":19959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4530],"tags":[4531],"class_list":["post-19958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-northstar-financial-services","tag-northstar-financial-services-bermuda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Representatives to Be Appointed in Northstar Financial Liquidation<\/title>\n<meta name=\"description\" content=\"In the latest Northstar Financial (Bermuda) liquidation proceedings update, representatives will be appointed to each investor class.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Representatives to Be Appointed in Northstar Financial Liquidation\" \/>\n<meta name=\"twitter:description\" content=\"In the latest Northstar Financial (Bermuda) liquidation proceedings update, representatives will be appointed to each investor class.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Representatives to Be Appointed in Northstar Financial Liquidation","description":"In the latest Northstar Financial (Bermuda) liquidation proceedings update, representatives will be appointed to each investor class.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/","twitter_card":"summary_large_image","twitter_title":"Representatives to Be Appointed in Northstar Financial Liquidation","twitter_description":"In the latest Northstar Financial (Bermuda) liquidation proceedings update, representatives will be appointed to each investor class.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Representatives To Be Appointed For Each Investor Class in Northstar Financial Services (Bermuda) Liquidation Proceedings","datePublished":"2021-09-10T14:35:11+00:00","dateModified":"2022-07-22T16:32:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/"},"wordCount":799,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg","keywords":["Northstar Financial Services (Bermuda)"],"articleSection":["Northstar Financial Services"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/","url":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/","name":"Representatives to Be Appointed in Northstar Financial Liquidation","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg","datePublished":"2021-09-10T14:35:11+00:00","dateModified":"2022-07-22T16:32:53+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"In the latest Northstar Financial (Bermuda) liquidation proceedings update, representatives will be appointed to each investor class.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/09\/bill-oxford-OXGhu60NwxU-unsplash-1.jpg","width":640,"height":354,"caption":"A recent update to the Northstar Financial (Bermuda) liquidation proceedings has announced the appointment of investor class representatives."},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/northstar-financial-bermuda-liquidation-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Representatives To Be Appointed For Each Investor Class in Northstar Financial Services (Bermuda) Liquidation Proceedings"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; 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