Robert Brockman’s Bermuda liquidation invites Del. Ch.15

By Rick Archer and Leslie Pappas (March 30, 2022, 11:00 a.m. EDT) — Interests in former software developer Robert Brockman have filed for Chapter 15 recognition in Delaware, citing the need to protect U.S. assets from levies The Internal Revenue Service’s $1.8 billion liquidation threat continues in Bermuda.

Point Investments Ltd. filed a Chapter 15 petition in the U.S. Bankruptcy Court for the District of Delaware on Tuesday evening, citing liquidation proceedings pending in the Supreme Court of Bermuda.

The petition was signed by Mathew Clingerman of Krys & Associates (Bermuda) Ltd., and Andrew Childe and Richard Lewis of FFP Ltd., who have been appointed joint provisional liquidators of Point Investments in the…

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