On Wednesday 17th June, a creditors meeting discussing the liquidation of Northern and Western Insurance Ltd took place in Nevis. Local barrister Inskip Cable from St Kitts attended this meeting on behalf of our NWIC Action Group, successfully ensuring our group’s admission to the Creditors Committee.
The Creditors Committee now consists of three members; our solicitor Stuart Lucas on behalf of NWIC Action Group, a representative of IPIN creditor group and Peter Murray representing Insolvency and Law Ltd. The first meeting is due to be held in a few weeks.
We are awaiting Mr Cable’s full report on the creditors meeting in Nevis, and will inform Action Group members of any relevant updates.