Judgment

SEC v. Rivetz International SEZC et al: Order Granting SEC’s Motion for Summary Judgment (‘Unregistered Crypto Securities’)

September 30, 2024

Memorandum and Order on Cross Motions for Summary Judgment in U. S. Securities and Exchange Commission v. Rivetz Corp., of Delaware; Rivetz International SEZC, of the Cayman Islands, and Steven K. Sprague, described as a resident of the Cayman Islands and Massachusetts, at the U. S. District Court for the District of Massachusetts.

Obelisk Capital Management Ltd. v. Precise Global Trade LLC: Judgment Order ($196K)

September 29, 2024

Judgment Order for $196,460 in Obelisk Capital Management Limited (in Official Liquidation), of the Cayman Islands v. Precise Global Trade, LLC at the U.S. District Court for the District of Nevada.

SEC v. Prager Metis CPAs, LLC: Proposed Judgment ($745K Fine)

September 17, 2024

Proposed Judgment imposing a fine of $745,000 for its auditing of crypto exchange FTX in U.S. Securities and Exchange Commission v. Prager Metis CPAs, LLC at the U.S. District Court for the Southern District of New York.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Judgment (€2.5M & £127K)

September 6, 2024

Judgment for €2,508,035 and £127,073 regarding claims involving Wizard Media Limited, of the Marshall Islands, in Mansion (Gibraltar) Limited and Onisac Limited, both of Gibraltar v. Karel Christian Manasco and KM Accountants Limited, both of Gibraltar, at the Supreme Court of Gibraltar.

Vikram Grover v. Net Savings Link Inc. et al: Judgment ($122M)

September 5, 2024

Judgment for $64,685,627, including interest, against the first four defendants and $57,903,750 plus interest against the fifth defendant in Vikram P. Grover, d.b.a. IX Advisors, a.k.a. IXA v. Net Savings Link Inc., of Colorado, USA; Wilton Group Limited, of the Isle of Man; Wilton (UK) Limited, of England, China Food and Beverage Co., of Colorado, USA, and James A. Tilton, of New York, USA, at the U. S. District Court for the Northern District of Illinois.

Iraq Telecom Ltd. v. Sirwan Barzani et al: Order Confirming Foreign Arbitration Award ($1.65B)

August 27, 2024

Memorandum and Order confirming $1.65 billion arbitration award in Iraq Telecom Limited v. Sirwan Saber Mustafa Barzani, Korek Telecom Company LLC, Korek International (Management) Limited at the U.S. District Court for the Eastern District of Pennsylvania.

SEC v. Austal Ltd. et al: Motion to Approve Consent Judgment ($24M Fine)

August 26, 2024

Motion to Approve Consent Judgment regarding allegations that the defendants "engaged in a deceptive scheme to fraudulently overstate revenues and earnings before interest and tax" in U.S. Securities and Exchange Commission v. Austal Ltd., described as "an Australian defense contractor", and Austal USA LLC at the U.S. District Court for the Southern District of Alabama.

SKAT v. Worldwide Asset Management Ltd.: Judgment (‘Isle of Man Asset Freeze’)

August 21, 2024

Judgment dismissing Worldwide Asset Management Limited's application to discharge freezing order in Skatteforvaltingen, a.k.a. SKAT, Denmark's tax collection agency v. Worldwide Asset Management Limited, of the Seychelles, at Isle of Man High Court.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Judgment (Various Applications)

August 14, 2024

Judgment regarding applications to amend the defense and counterclaim, "to exhibit into evidence correspondence exchanged between Verralls and Isolas", and "for an order for specific disclosure or inspection of documents" in Mansion (Gibraltar) Limited and Onisac Limited, both of Gibraltar v. Karel Christian Manasco and KM Accountants Limited, both of Gibraltar, at the Supreme Court of Gibraltar.

Nissan Motor Co. Ltd. et al v. Carlos Ghosn et al: Judgment ($32M & Superyacht Ownership)

August 9, 2024

Judgment in Nissan Motor Co., Ltd., of Japan, and Nissan Middle East FZE, of the United Arab Emirates v. Carlos Ghosn, Carole Nahas Ghosn, and Beauty Yachts Pty Ltd., of the British Virgin Islands, at the British Virgin Islands High Court.

USA v. Andrew Fahie: Criminal Judgment (‘135 Months Imprisonment’)

August 9, 2024

Criminal Judgment in USA v. Andrew Alturo Fahie, a former Premier of the British Virgin Islands, at the U.S. District Court for the Southern District of Florida.

The Family (Global Godfathers) SPC et al v. Oussama Ammar et al: Judgment (‘Service & Freezing Order’)

August 6, 2024

Judgment regarding "Service out of the jurisdiction-substituted service - worldwide freezing order - caps on legal spending and cross-undertaking in damages - allegations of non-disclosure in relation to full and frank disclosure - transcripts and notes of ex parte hearings – delay - collateral purpose - abuse of process - Overriding Objective - discretion" in The Family (Global Godfathers) SPC, on its own behalf and on behalf of The Family (Freya) SP and The Family (Odin) SP v. Oussama Ammar, of Paris, France; Fabuleo Limited, of Hong Kong, and Aletheis, The First Limited, of Hong Kong, at the Grand Court of the Cayman Islands.

B.E. Capital Management Fund LP v. Fund.com Inc.: Judgment (‘Removal of Thomas Braziel as Receiver & $1.9M Award’)

July 18, 2024

Judgment removing Thomas Braziel as Receiver and ordering him to pay $1.9 million that he allegedly stole from creditors in B.E. Capital Management Fund LP v. Fund.com Inc. at the Court of Chancery of the State of Delaware, USA.

L.A. Arena Company, LLC v. Royal Bank and Private Trust: Default Judgment ($249K)

July 3, 2024

Default Judgment in L.A. Arena Company, LLC v. Royal Bank and Private Trust, described as "a District of Columbia corporation, at the Superior Court of California, County of Los Angeles, USA.

USA v. Julian Assange: Criminal Judgment (‘Time Served/62 Months’)

June 26, 2024

Criminal Judgment for 'Conspiracy to Obtain and Disclose National Defense Information' in USA v. Julian Assange, a citizen of Australia, at the U.S. District Court for the Northern Mariana Islands.

RAKIA v. Farhad Azima: Judgment (‘Post-Judgment Freezing Orders’)

June 10, 2024

Judgment regarding "an application for a worldwide freezing order that has been made in private and without notice by Mr Farhad Azima against the Ras Al Khaimah Investment Authority" in Ras Al Khaimah Investment Authority, of United Arab Emirates v. Farhad Azima at the High Court of Justice of England and Wales.

Marsa Energy Trading DMCC v. Sopexoil LLC: Foreign Judgment Registration ($2.5M)

May 23, 2024

Registration of a Foreign Judgment in Marsa Energy Trading DMCC, of Dubai, United Arab Emirates v. Sopexoil LLC at the U.S. District Court for the Southern District of New York.

George Cowan v. Equis Special L.P. et al: Ruling (‘Denying Application for Identity of Litigation Funder’)

May 22, 2024

Ruling, inter alia, dismissing applications for the identity of "the third party pure funder" and for security for costs in George Allen Cowan, individually and derivatively on behalf of Equis Special L.P., formerly known as Equis Asia Fund Special L.P. v. Equis Special L.P., acting by its General Partner, Equis Special GP; Equis Special GP, in its capacity as General Partner of Equis Special L.P.; David Charles Russell, Adam Bernhard Ballin, Lance Michael Comes, Joseph Thomas Carmody, Rajpal Singh Chaudhary, and Tony Gibson at the Grand Court of the Cayman Islands.

Banco Votorantim S.A. v. Kenneth Pope et al: Brazil Judgment Registration (BRL 7.5M)

May 8, 2024

Foreign Judgment Registration in the amount of BRL 7,540,709 in Banco Votorantim S.A., of São Paulo, Brazil v. Kenneth Steven Pope, Starbucks Brasil Comércio de Cafés Ltda., Brazil Airport Restaurante S.A., and SouthRock Capital Ltda., all of São Paulo, Brazil, at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.

Floreat Real Estate Ltd. v. Chia Hsing Wang et al: Appeal Judgment (British Virgin Islands)

May 3, 2024

Judgment regarding "Interlocutory appeal – Appeal against order appointing joint provisional liquidators – Standing – Whether Mr. Wang had standing to apply for the appointment of joint provisional liquidators over RAGOF – Bare trusts – Whether XYZ held the XYZ shares on a bare trust for Mr. Wang – Derivative claims – Whether there were special circumstances entitling Mr. Wang to seek the appointment of joint provisional liquidators over RAGOF on a derivative basis – Abuse of court – Subsequent interlocutory proceedings – Whether a subsequent interlocutory application involving the same parties and same issues runs afoul of the abuse of court principles – Whether the dismissal of Ladd v Marshall applications precludes an applicant from introducing that same evidence in the subsequent interlocutory application - The rule in Hollington v Hewthorn – Whether the rule in Hollington v Hewthorn applies to the reliance on decisions of another court in interlocutory applications" in Floreat Real Estate Limited, described as "a professional fund incorporated in Jersey" v. XYZ, described as "a company registered in England"; Chia Hsing Wang, and Real Assets (RA) Global Opportunity Fund I Ltd., described as a British Virgin Islands entity whose assets include "real property in England known as 'Springs Farm'", at the British Virgin Islands Court of Appeal.

USA v. Changpeng Zhao: Criminal Judgment (‘Four Months in Prison’)

April 30, 2024

Criminal Judgment in USA v. Changpeng Zhao at the U.S. District Court for the Western District of Washington.

SEC v. Andrew McAlpine: Consent Judgment (‘Penny Stock Ban & $15.7K Penalties’)

April 29, 2024

Consent Judgment and Order in U.S. Securities and Exchange Commission v. Andrew McAlpine at the U.S. District Court for the Southern District of California.

HRH Princess Deema v. Ronald Gibbs et al: $45M Asset Freeze & Receivership Judgment

March 8, 2024

Judgment regarding an application for an asset freeze injunction, the appointment of receivers, service out of the jurisdiction, and substituted service in HRH Princess Deema bint Sultan bin Abdulaziz al Saud, of Saudi Arabia v. Ronald William Gibbs, a lawyer based in England, and Elysium Yacht Limited, of the Cayman Islands, at the Grand Court of the Cayman Islands.

USA v. Binance Holdings Ltd.: Criminal Judgment ($4.3B Fine & Forfeiture)

February 23, 2024

Judgment in a Criminal Case in USA v. Binance Holdings Limited, a Cayman Islands-domiciled operator of a crypto exchange founded by Changpeng Zhao, at the U.S. District Court for the Western District of Washington.

Silicon Valley Bank (Cayman Islands Branch): Chapter 15 Opinion & Dismissal Order

February 22, 2024

Memorandum Opinion and Order Dismissing Chapter 15 Petition in re.: Silicon Valley Bank (Cayman Islands Branch) at the U.S. Bankruptcy Court for the Southern District of New York.

New York AG v. Donald Trump et al: Decision & Order ($364M Penalties & Officer/Director Bans)

February 16, 2024

Decision & Order awarding the plaintiff $364 million and banning Donald Trump, Allen Weisselberg, Jeffrey McConney, Eric Trump, and Donald Trump, Jr. from serving as an officer or director of any New York corporation or other legal entity in People of the State of New York v. Donald J. Trump, Donald Trump Jr., Eric Trump, Allen Weisselberg, Jeffrey McConney, The Donald J. Trump Organization Inc., Trump Organization LLC, DJT Holdings LLC, DJT Holdings Managing Member, Trump Endeavor 12 LLC, 401 North Wabash Venture LLC, Trump Old Post Office LLC, 40 Wall Street LLC, and Seven Springs LLC at the Supreme Court of the State of New York, County of New York.

Guernsey FSC v. Ian Domaille et al: Appeal Judgment (‘Regulatory Sanctions’)

January 18, 2024

Judgment allowing an appeal by the Guernsey Financial Services Commission in Guernsey Financial Services Commission v. Ian Charles Domaille, Ian Geoffrey Clarke, and Margaret Helen Hannis at the Court of Appeal of Guernsey.

China Branding Group Ltd. v. Tony Bobulinski: Amended Judgment ($494K)

January 11, 2024

Amended Judgment in China Branding Group Limited (in Official Liquidation), through its Joint Official Liquidators, Hugh Dickson and David Bennett, both of Grant Thornton, v. Tony Bobulinski at the U.S. District Court for the Central District of California.

Maarit Ovaskainen v. Jari Ovaskainen: Judgment (‘Asset Freeze Discharge Application’)

December 29, 2023

Judgment rejecting the defendant's application to discharge a freezing injunction in Maarit Ovaskainen, a citizen of Finland residing in London, England v. Jari Ovaskainen, a citizen of Finland residing in the Cayman Islands, at the Grand Court of the Cayman Islands.

SEC v. Terraform Labs Pte. Ltd. et al: Opinion and Order (‘$40B Crypto Fraud & Unregistered Securities’)

December 28, 2023

Opinion and Order granting, inter alia, SEC's motion for summary judgment "involving defendants’ unregistered offers and sales of LUNA and MIR in violation of Sections 5(a) and (5c) of the Securities Act" in U.S. Securities and Exchange Commission v. Terraform Labs Pte Ltd., of Singapore, and Do Hyeong Kwon, described in the complaint as a resident of South Korea and Singapore, at the U.S. District Court for the Southern District of New York.

Infinity World Investments SA v. Adenium Distributed Solar Ltd.: Complaint (‘$6M Judgment Enforcement’)

December 21, 2023

Writ of Summons and Statement of Claim in Infinity World Investments SA v. Adenium Distributed Solar Limited at the Grand Court of the Cayman Islands.

Algeria Longleap Asset Holdings, LLC v. Banque de l’Agriculture et du Developpement Rural et al: Judgment Motion (‘$585M’)

December 19, 2023

Notice of Motion to enforce "judgments against Defendants issued by the Algerian Supreme Court in the amount of $585,755,007.97 plus interest" in Algeria Longleap Asset Holdings, LLC v. Banque de l'Agriculture et du Developpement Rural, Bank of Algeria, and Algeria Ministry of Finance at the U.S. District Court for the Southern District of New York.

SEC v. Terraform Labs Pte Ltd.: Judgment (Cayman Islands)

December 11, 2023

Judgment in U.S. Securities and Exchange Commission v. Terraform Labs Pte Ltd. at the Grand Court of the Cayman Islands.

BTA Bank v. Timur Sabyrbaev et al: Judgment (‘Setting Aside Out-of-Jurisdiction Service Order’)

December 7, 2023

Judgment setting aside an order to serve defendants ADM Asia-Pacific Trading Pte. Ltd., ADM Germany GmbH, Grove Services Inc., Bunge SA, Bunge CIS LLC, Dauren Bekbergenov, Ekaterina Kuzmicheva, Mukhtar Ablyazov, Roman Solodchenko, and Zhaksylyk Zharimbetov out of the jurisdiction in JSC BTA Bank, of Kazakhstan v. Timur Sabyrbaev, Dilara Dyusembayeva, Assel Zhaxybayeva, Asel Suindikova, Marina Aitzhanova, Janelle Utemuratova, Svetlana Chvanova, Veronika Efimova, Saduakas Mameshtegi, Dina Abdykalykova, Akzholtay Mukanovna Kalenova, Kairat Sadykov, Irina Kanaphina, Madina Nurgozhina, AEG Systems Inc., Calernen Finance Inc., Zathen Holding Investments Limited, formerly Carsonway Limited; Comwork Ltd.,Kinmate Trading Limited, Estar Developments Limited, Lingard Industry Limited, Daniels Tradecorp Inc., Mabco Inc., Klostrade Financial Group Ltd., Dana Trade Corp., Global Team Company, Tramlanes Investments Limited, formerly Bergtrans Contracts Corp.; Moranta Invest (Cyprus) Limited, John Wortley Hunt, Luis Davis, Stan Gorin, Vasiliki Argyrou, Labonte Elisana Marie-Antoinette, Diego Jacinto Batista Valdes, Carlos Alberto Mendoza Murillo, Suseth Walthia Parris, Kellee France, Geoffrey Taylor, Belinda Lanyon, Christopher Blythe, Roger Alberto Santamaria, Nicholetta Christodoulidou, ADM-ACTI Trade Resources Inc., ADM Asia-Pacific Trading Pte. Ltd., formerly Toepfer International Asia Pte. Ltd.; ADM Germany GmbH, formerly Alfred C. Toepfer International GmbH; Eric Richardson, Grove Services Inc., Bunge SA, Bunge CIS LLC, Dauren Bekbergenov, Ekaterina Kuzmicheva, Mukhtar Ablyazov, Roman Solodchenko, and Zhaksylyk Zharimbetov at the British Virgin Islands High Court.

Magma Brasil Consultoria Ltda v. Augusto Grando et al: Brazil Judgment Registration (BRL53.2M)

December 7, 2023

Registration of a Foreign Judgment from the Court of Justice of the State of São Paulo, in Brazil, in Magma Brasil Consultoria Ltda v. Augusto Grando and Ivanilde Pistorello at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.

The Family (Global Godfathers) SPC v. Oussama Ammar et al: €7.3M Judgment (‘Fraud’)

December 4, 2023

Judgment in The Family (Global Godfathers) SPC, on its own behalf and on behalf of The Family (Freya) SP, The Family (Odin) SP, and The Family (Vidhar) SP v. Oussama Ammar, of Paris, France; Fabuleo Limited, of Hong Kong, and Aletheis, The First Limited, of Hong Kong, at the Grand Court of the Cayman Islands.

USA v. Kadeem Maynard: Criminal Judgment (‘Drugs Trafficking’)

November 22, 2023

Criminal Judgment for conspiracy to import cocaine into the United States in USA v. Kadeem Maynard, of the British Virgin Islands, at the U.S. District Court for the Southern District of Florida.

Libertas Funding LLC v. Kristina Charles-Jones et al: Judgment ($945K)

November 9, 2023

Judgment for $945,915 in favor of the plaintiff against the defendants in Libertas Funding LLC v. Bellablanc LLC, Fair Global Prime Ltd., of England; Fair Global Prime Group Inc., and Kristina Anne Charles-Jones, a.k.a. Krissy Jones, at the Supreme Court of the State of New York, County of Monroe.

Paul Pybus et al v. Guernsey FSC Chairman: Judgment (‘Suspension of Regulatory Penalties’)

October 24, 2023

Judgment suspending a fine of £150,000, prohibition order, and "the issue of the public statement" until the outcome of an appealin Paul Randall Pybus and Adjure Global Limited v. The Chairman of the Guernsey Financial Services Commission at the Royal Court of Guernsey Financial Services Commission.

LedgerScore International Pte Ltd. et al v. AuBit International: Winding Up Judgment (‘Crypto Investment Fraud’)

October 19, 2023

Ex Tempore Judgment granting the plaintiffs' petition for a winding-up order in LedgerScore International Pte Ltd., of Singapore; LS Litigation Holdings LLC, of Wyoming, USA, and Earn Guild Pte Ltd., of Singapore, collectively described in the winding up petition as “retail investors who utilized an online cryptocurrency trading platform operated by the Company called “Freeway”, and who invested in Freeway’s Supercharger program” v. AuBit International at the Grand Court of the Cayman Islands.

FedEx Corporate Services Inc. v. Tactical Rabbit Inc.: Default Judgment (‘$38K Unpaid Shipping Services’)

October 13, 2023

Default Judgment in FedEx Corporate Services Inc. v. Tactical Rabbit Inc., a self-described "private intelligence agency" operated by Everett Stern, at the Court of Common Pleas of Chester County, Pennsylvania.

Monique Hamaty-Simmonds et al v. Sylvia Hamaty et al: Judgment (‘Robert Hamaty Estate’)

October 9, 2023

Judgment regarding the Estate of Robert Hamaty in Monique Catherine Hamaty-Simmonds, and Basil Norman Hamaty v. Sylvia Carlene Hamaty, Fredrick Clive Hamaty, Neil Hamaty, and Delrose Williams at the Grand Court of the Cayman Islands.

AuBit International: Judgment (‘Dismissing Restructuring Petition’)

October 4, 2023

Judgment dismissing a petition for the appointment of restructuring officers in the matter of AuBit International at the Grand Court of the Cayman Islands.

Luis Suarez Magual et al v. Jorge Añez: Judgment Confirming Foreign Arbitral Award (Avior Airlines Shares)

September 27, 2023

Judgment Confirming Foreign Arbitral Award in Luis Alfredo Suarez Magual, of Miami, Florida, USA; Moises Maionica, of Weston, Florida, USA, and Carlos Kaufmann, described as a citizen of Germany and Venezuela residing in Miami, Florida, USA v. Jorge de Jesus Añez Dager, described as a citizen and resident of Venezuela, at the U.S. District Court for the Southern District of Florida.

Chryskylodon LLC v. Markus Schneider et al: $475K Judgment (‘Crypto Fraud’)

September 27, 2023

Judgment for $475,282 regarding an alleged crypto mining-based investment fraud in Chryskylodon LLC, of Wyoming v. Markus Schneider, Arastra AG, of Switzerland; PetaWatt Holdings Inc., of Wyoming, USA, and Swiss Picturebank (Group) AG, of Switzerland, at the Supreme Court of the State of New York, County of New York.

New York AG v. Donald Trump et al: Decision & Order on Motions (‘Accounting Fraud’)

September 26, 2023

Decision and order on motions, including granting, in part, plaintiff's motions for summary judgment and sanctions against defendants' attorneys, in People of the State of New York v. Donald J. Trump, Donald Trump Jr., Eric Trump, Allen Weisselberg, Jeffrey McConney, The Donald J. Trump Organization Inc., Trump Organization LLC, DJT Holdings LLC, DJT Holdings Managing Member, Trump Endeavor 12 LLC, 401 North Wabash Venture LLC, Trump Old Post Office LLC, 40 Wall Street LLC, and Seven Springs LLC at the Supreme Court of the State of New York, County of New York.

Nano Dimension Ltd. v. Murchinson Ltd. et al: Opinion and Dismissal Order

July 10, 2023

Opinion and Dismissal Order in Nano Dimension Ltd., described as “an Israel-based manufacturer with operations in Israel, the United States, Switzerland, the United Kingdom, the Netherlands, and Australia” v. Murchinson Ltd., of Canada; EOM Management Ltd., of Bermuda; Nomis Bay Ltd., of Bermuda; BPY Limited, of Bermuda; Anson Advisors Inc., of Canada; Anson Funds Management LP, of Texas, USA; Anson Management GP LLC, of Texas, USA; Boothbay Fund Management LLC, of New York, USA; Boothbay Absolute Return Strategies LP, of Delaware, and Boothbay Diversified Alpha Master Fund LP, of New York, at the U.S. District Court for the Southern District of New York.

Valley Forge Casino Resort v. Everett Stern: Default Judgment ($26,832)

June 26, 2023

Default Judgment for $26,832 in Valley Forge Convention Center Partners LP, trading as Valley Forge Casino Resort v. Everett Stern, who operates a self-described “private intelligence agency” known as Tactical Rabbit, at the Court of Common Pleas of Montgomery County, Pennsylvania.

Maples Corporate Services Ltd. et al v. CIMA: Costs Ruling

June 5, 2023

Costs Ruling in Maples Corporate Services Limited and MaplesFS Limited v. Cayman Islands Monetary Authority at the Grand Court of the Cayman Islands.

Joanne Wild v. Castle Trust and Management Services Ltd.: Judgment (Appointment of Administrators)

May 30, 2023

Judgment appointing Administrators due to insolvency in Joanne Sandra Wild v. Castle Trust and Management Services Limited, of Gibraltar, at Gibraltar Supreme Court.