The Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo have objected to broking group Aon being allowed multiple votes on the proposed plan of bankruptcy, while also saying claims from equity holders in certain Vesttoo structures should be denied votes completely.
As we reported recently, the plan of reorganisation under Chapter 11 for Vesttoo’s impending bankruptcy was conditionally approved by the Delaware court judge and so can proceed to a vote among the creditors.
