Sutton National Insurance Co. News

AM Best Removes Negative Implications on Oklahoma’s Sutton National

AM Best has removed under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sutton Specialty Insurance Company (SSIC) and Sutton National Insurance Company (SNIC), which …

Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit

Lenders to 777 Partners have accused it of fraud, claiming that the Miami-based investment firm borrowed against $350 million of assets that it didn’t own, didn’t exist or were already promised to someone else. Josh Wander, co-founder of 777 Partners, …

Would-Be Everton Owner 777 Partners Faces Lawsuit Over Asset Transfers

The investment manager trying to buy Everton FC is being sued by a creditor who wants to stop the firm from transferring two subsidiaries, claiming that the transaction was designed to “shield” the assets. Obra Capital said in a New …