The Bermuda Monetary Authority has presented a petition to the Supreme Court of Bermuda seeking the winding-up of Stonebridge Capital Hedge Fund Limited. The petition, brought under section 36 of the Investment Funds Act 2006 and the Companies Act 1981, was presented on 13 December 2024 and is listed for hearing at 9.30 am on 31 January 2025. Creditors or contributories may appear at the hearing to support or oppose the petition, and a copy of the petition is available to creditors or contributories on payment of the regulated charge. Any person intending to appear must give written notice of their intention by 4.00 pm on 30 January 2025, stating their name and address (or, for a firm, the firm’s name and address) and signed by the person, firm, or their attorney.
Bermuda Monetary Authority 2025-01-21
Bermuda Monetary Authority petitions Supreme Court of Bermuda to wind up Stonebridge Capital Hedge Fund Limited
The Bermuda Monetary Authority has filed a petition with the Supreme Court of Bermuda to wind up Stonebridge Capital Hedge Fund Limited under the Investment Funds Act 2006 and the Companies Act 1981. The hearing is scheduled for 31 January 2025, with creditors and contributories allowed to support or oppose the petition.