April 21, 2023
Insurance brokerage Vesta Holdings LLC received bankruptcy court approval Friday for its Chapter 11 plan of liquidation following the $125 million sale of its assets earlier this year.
October 31, 2022
National insurance brokerage and wealth management venture Vesta Holdings LLC and two subsidiaries sought Chapter 11 protection in Delaware late Sunday, lugging along $126.7 million in secured debt and seeking a company sale after its founder and CEO allegedly launched an unauthorized borrowing and misappropriation spree.