Grant Bell

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Central Laborers’ Pension Fund v. Athene Asset Management LLC et al: ‘Outrage’ at Bermuda Court Injunction

Letter from the Plaintiff notifying a New York court that Bermuda-domiciled insurance holding company Athene Holding Ltd., whose shares are listed on NYSE, "ran to a court in Bermuda" to obtain "what it represents to be an ex parte injunction purporting both to bar Plaintiff from prosecuting the New York Action and to require Plaintiff to take affirmative steps to stay this action" in Central Laborers' Pension Fund v. Athene Asset Management LLC and Apollo Global Management LLC, both of Delaware, as Defendants, and Athene Holding Ltd., as Nominal Defendant, at the Supreme Court of the State of New York, County of New York. This document includes a copy of the "interim injunction" entered by Bermuda's Chief Justice, Narinder Hargun, sitting at Bermuda Supreme Court, on July 5th, 2019 following an application on Athene Holding Ltd.'s behalf by Walkers Bermuda law firm.