Articles Bermuda Featured USAJuly 31, 2001

    PlusFunds sues Bermuda Stock Exchange

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    23 years ago

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    Bermuda USA

    Keywords

    Ashwin Bulchandani BSX-PlusFunds Group Ltd. Christopher Rose Christopher Sugrue Clifford De Souza
    Credit Suisse Diego Winegardner Donald Brostrom John Pileggi JPMorgan Merrill Lynch PlusFunds Ltd.
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    Plans by the Bermuda Stock Exchange and a New York-based partner to develop a facility for the secondary market trading in the shares of hedge funds have ended in litigation.PlusFunds Ltd. filed two civil lawsuits at Bermuda Supreme Court on June 8, 2001, one against the BSX itself and another against a joint venture firm called BSX-PlusFunds Group Ltd.