Poland: Prime Invest LLC (Delaware)
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Prime Invest LLC and Sergiy Savchuk for alleged money laundering.
BVI-domiciled domain name developer sues celebrity chef Wolfgang Puck
A British Virgin Islands domiciled Internet domain name consulting and registry services company whose shares are listed on the Alternative Investment Market in London is suing celebrity chef Wolfgang Puck in a dispute over the domain suffix '.food'.Top Level Domain
US developer transferred assets to Belize trust prior to bankruptcy, says Trustee
An insolvent Seattle based real estate developer has been accused of transferring ownership of millions of dollars of assets to an offshore trust in Belize to keep them away from creditors, who are owed nearly $600 million.Michael R. Mastro, 84,
Aspen Insurance subsidiary seeks to avoid paying title fraud defense costs
A subsidiary of Bermuda domiciled Aspen Insurance Holdings Ltd. is seeking to avoid covering defense costs in two lawsuits filed against one of its insureds.Aspen Insurance UK Limited, which is domiciled in England and Wales and based in London, filed
Hitachi Capital (UK) PLC et al v. Andrew J. Zahn: Complaint
Complaint in Hitachi Capital (UK) PLC and Hitachi Capital Aircraft Solutions, Inc. v. Andrew Joseph Zahn, Carpe D. Aviation Ltd., Wilmington Trust Company, as Trustee for the benefit of Carpe D. Aviation Ltd., and Andrew Joseph Zahn at the Los Angeles Superior Court.
Reinsurers seek to avoid $30 m-plus claims by chemicals manufacturer
Fourteen reinsurers, including four based in Bermuda, has brought a legal action against a New York Stock Exchange listed chemicals manufacturer and its captive insurer in an attempt to avoid paying claims totaling more than $30 million arising from Hurricane
ACE Bermuda seeks to avoid paying $100 m claim, Ex-General Counsel Scott Carey refuses to testify at arbitration
ACE Bermuda Insurance Ltd. is involved in arbitration proceedings in which it is seeking to avoid paying a claim of $100 million arising from a train derailment in South Carolina in 2005.Although the arbitration is being held behind closed doors
Whistleblower web-site trumps British secrecy by publishing TCI corruption report
The futility of the British legal system's obsession with secrecy in the age of the Internet was brutally exposed on the weekend with the publication of a long awaited final report by the United Kingdom Government into alleged corruption and
Madoff Trustee sues Cayman-domiciled Herald Fund for $578 m
The Bankruptcy Trustee of Bernard Madoff's fraudulently operated investment firm is suing a Cayman Islands domiciled hedge fund and the Fund's bankers in an attempt to recover $578 million for creditors. Irving Picard, as Trustee for the liquidation of Bernard
Romania seeks evidence from Delaware-domiciled Garland Global Corp.
Romania has requested evidence from Delaware domiciled Garland Global Corp. as part of a criminal investigation into alleged organized crime and gun trafficking that investigators believe may involve well known suspected arms dealer Victor Bout. Details are contained in an
UK seeks evidence in Florida for investigation into Alan and Linda Drake
The United Kingdom has requested evidence in Florida for the criminal prosecution of a married couple and others for allegedly conspiring to defraud Norwich Union Plc out of approximately £500,000. Details are contained in an application for the appointment of
Chile: Ramon Ignacio Vega Hidalgo
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Chile into Ramon Ignacio Vega Hidalgo, former Commander in Chief of the Chilean Air Force, and other retired Chilean air force officials, including Jaime Estay Viveros, Florencio Duble Pizarro and Luis Bolton Montalva, for suspected bribery, corruption, fraud and embezzlement in connection with a contract entered into by the Chilean Air Force with the Sociedad Anonima Belga de Construccion Aeronautica in 1994 for the purchase of 25 Mirage aircraft and parts. Other individuals and businesses that form part of the investigation include Gustavo Eduardo Vega Pizarro, Rosa Maria Vega Pizarro, Veronica Raquel Vega Pizarro, Karel Honzik Hubka, Henriette Bahna Hamwi, Inversiones Calafquen SA, Berthier Investment Inc., Alfield Limited, Darmol International Ltd., Sunchase Holding Ltd., Conrado Ariztia O'Brien, Bartolome Dezerega Salgado, Intercountry Holdings Ltd., MD Management Consultants Ltd., Technical Ventures, Organizational Investments Corp., I.Systems, Nor-Sur Management Ltd., Contempo International Ltd. and Shanghai Overseas Investments Ltd.
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Innovative Communication Corporation Bankruptcy Trustee v. Ronald Sanders: Complaint
Complaint by Stan Springel, Chapter 11 Bankruptcy Trustee of Innovative Communication Corporation Bankruptcy Trustee v. Ronald Sanders at the U. S. District Court for the Virgin Islands, Bankruptcy Division.
USA v. Ross H. Mandell, et al: Criminal Indictment
Indictment for securities fraud in USA v. Ross H. Mandell, Stephen Shea, Adam Harrington, a.k.a. Adam Rukdeschel; Arn Wilson, Robert Grabowski, and Michael Passaro at the U. S. District Court for the Southern District of New York.
United Kingdom: Alan and Linda Drake
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the United Kingdom into Alan Drake, Linda Drake and others for suspected fraud.
USA v. Allen Stanford et al: Criminal Indictment
Indictment alleging securities fraud and money laundering in USA v. Robert Allen Stanford, Laura Pendergest-Holt, Gilbert Lopez, Mark Kuhrt, and Leroy King at the U. S. District Court for the Southern District of Texas.
In the Matter of Jukebox LP: Petition
Petition filed by Kaupthing Bank Luxembourg SA to wind up JukeBox LP at the Grand Court of the Cayman Islands.
Romania: Petrom Moldova SA
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Romania into organized crime and gun trafficking.
Stuart Kernohan v. Stuart Jack et al: Writ of Summons
Writ of Summons in Stuart Kernohan v. Governor Stuart Jack, on behalf of the Government of the Cayman Islands; Martin Bridger, Cayman Islands Attorney General, and The Acting Commissioner of The Royal Cayman Islands Police Service at the Grand Court of the Cayman Islands.
Renova Resources Private Equity Limited v. Brian Gilbertson et al: Writ of Summons
Writ of Summons in Renova Resources Private Equity Limited v. Brian Gilbertson, Pallinghurst (Cayman) General Partner LP (GP) Limited, Pallinghurst (Cayman) General Partner LP, Pallinghurst Resources Management LP, and Autumn Holdings Asset Inc. at the Grand Court of the Cayman Islands.
USA v. Steven Roy Jamieson et al: Criminal Indictment
Indictment in USA v. Steven Roy Jamieson, Michael J. Signoretto, Robert William Moore, David William Price, Thomas Francis Quinn, John Jeffrey Hemmer, and FNU LNU, a.k.a. Brian Roland Kent at the U. S. District Court for the Northern District of Texas.
Goldman Sachs settles Stirling Cooke litigation for $450,000
Funds controlled by Goldman Sachs have paid $450,000 to settle litigation brought by the Bankruptcy Trustee of Bermuda domiciled ex insurance broker AlphaStar Insurance Group, formerly known as Stirling Cooke Brown Holdings, which collapsed in 2003 after committing a fraud
US subcontractor sues Aspen Insurance subsidiary for $384,000
A California based subcontractor is suing a British subsidiary of Bermuda based Aspen Insurance Holdings Ltd. for damages of at least $384,000, alleging the insurer refused to meet a litigation related claim. Pengilly Masonry, Inc., a California corporation, filed a
Madoff Securities International Ltd.: Chapter 15 Petition (England)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in England by Stephen Akers, Mark Byers, and Andrew Hosking, as the Foreign Representatives of Madoff Securities International Limited, at the U. S. Bankruptcy Court for the Southern District of Florida.
Castle Holdco 4 Ltd. et al: Chapter 15 Petition (Cayman Islands)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Michael Salvati, as the Foreign Representative of Castle Holdco 4 Limited, Balanus Limited, Countrywide Estate Agents, Countrywide Estate Agents FS Limited, Countrywide Estate Agents (South) Limited, Countrywide Franchising Limited, Countrywide Plc, Countrywide Property Lawyers Limited, Countrywide Surveyors Limited, Securemove Property Services 2005 Limited, and Slater Hogg Mortgages Limited, at the U. S. Bankruptcy Court for the Southern District of New York.
Assurant sues Inter-Ocean Re for $20 million
Bermuda based finite risk reinsurer Inter Ocean Reinsurance Company Ltd., which has been in run off since 2005, is being sued for $20 million by four subsidiaries of U. S. Fortune 500 company Assurant, Inc. The complaint against Inter Ocean
Aspen Insurance UK seeks to avoid paying $1.2 m claim
A British subsidiary of Bermuda based Aspen Insurance Holdings Ltd. is seeking to avoid paying an insurance claim of approximately $1.2 million.Details are contained in a civil complaint filed by Aspen Insurance UK Ltd., based in London, against Dune Energy,
South of England P&I Club sues Panama and South Korea shipping firms
A Bermuda domiciled protection and indemnity club has taken steps to garnish the US assets of a ship owner and ship manager pending the completion of arbitration in London. Details are contained in a civil complaint that was filed at
UK requests evidence from Florida businesses for drugs-trafficking investigation
The United Kingdom has requested evidence from five retail and wholesale businesses in South Florida as part of a criminal investigation into the alleged laundering of the proceeds of narcotics trafficking. Details are contained in an application for the appointment
BVI fund group Venulum sues anonymous posters of web-site messages for defamation
British Virgin Islands domiciled Venulum Ltd., which claims to be part of a "private wealth management" group that specializes in "alternative investments" and has mutual funds domiciled in the BVI, Cayman Islands and Delaware, is suing the as yet unknown
Estates of Puig, Inc. v. Jirehouse Capital et al: Complaint
Complaint in The Official Joint Committee of Unsecured Creditors on behalf of the substantively consolidated estates of Puig, Inc. v. Jirehouse Capital and Stephen Jones at the U. S. Bankruptcy Court for the Southern District of Florida.
SEC v. Jonathan Curshen et al: Findings of Fact Regarding Jonathan Curshen
Findings of Fact, Conclusions of Law and Orders Regarding Jonathan Curshen in SEC v. Jonathan Curshen, C. Jones & Company, Carter Allen Jones, Timothy Miles, and Gaylen Johnson at the U. S. District Court for the District of Colorado.
Solicitors Regulation Authority v. Timothy Schools: Findings of Solicitors Disciplinary Tribunal – 2009
Findings of the Solicitors Disciplinary Tribunal in Solicitors Regulation Authority v. Timothy Schools, dated February 25, 2009.
USA v. Philip Baker: Criminal Indictment
Indictment of Philip Baker for alleged investment fraud involving the Lake Shore Group of Companies.
Alea London seeks declaration in class action suit
A subsidiary of Bermuda based Alea Group Holdings (Bermuda) Ltd. is seeking a declaration from a United States court that it has no liability in a class action complaint brought on behalf of anyone who received unsolicited promotional faxes from
Netherlands: John Dennis Philip Phillips
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Netherlands into John Dennis Philip Phillips for alleged narcotics trafficking and money laundering.
Trident Trust Company UK obtains $10 m judgment against US-domiciled credit union
Trust administrator Trident Trust Company (UK) Ltd. has obtained a $10 million judgment against a US based credit union that it hopes will pacify participants in an investment scheme that Trident claims have threatened it with a class action lawsuit.An
SEC v. Stefan H. Benger et al: SEC’s Motion for TRO
SEC's Ex Parte Motion for Temporary Restraining Order in U. S. Securities and Exchange Commission v. Stefan H. Benger, SHB Capital, Inc., Jason B. Meyers, International Capital Financial Resources, LLC, Philip T. Powers, Handler, Thayer & Duggan, LLC, Frank I. Reinschreiber, and Global Financial Management, LLC, as defendants, and CTA Worldwide Services, SA, and Stephan Gottfried Von Hase, as relief defendants, at the U. S. District Court for the Northern District of Illinois.
United Kingdom: Burnett Roy Morris et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the United Kingdom into Burnett Roy Morris and Paulette Donna Marie Morris.
US insurers seek to enforce arbitration award against int’l reinsurers
Two US based insurers have filed a petition to confirm an arbitration award against reinsurers domiciled or based in Bermuda, France, Germany, Switzerland, the United Kingdom and the USA.The petition was filed by Clearwater Insurance Company, formerly known as Skandia
Robert Thomson: Chapter 15 Petition (Scotland)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Scotland, as the Foreign Representative of Robert Thomson, at the U. S. Bankruptcy Court for the Southern District of Florida.
Subsidiaries of Aspen Insurance and ACE sued over unpaid oil spill claim
United Kingdom based subsidiaries of Aspen Insurance and ACE are being sued for $2.9 million at federal court in New Orleans concerning an oil spill claim.Details are contained in a civil complaint that was filed by Jefferson Block 24 Oil
GLOBAL General and Reinsurance Company Ltd. et al: Chapter 15 Petition (England)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the United Kingdom by Thomas Freudenstein, as the Foreign Representative of GLOBAL General and Reinsurance Company Limited and GLOBALE Ruckversicherungs-AG, at the U. S. Bankruptcy Court for the Southern District of New York.
English ‘Lord’ seeks evidence in US for defense of £229 m attempted theft charge
A 61 year old English 'Lord' who is accused of conspiring to steal £229 million ($352 million at the current exchange rate) from Sumitomo Matsui Banking Corporation in London has requested evidence in the United States to help with his
Insider Talking: December 8, 2008
US Senator John Kerry intends to look into offshore tax evasion; First Curacao International Bank to "start repatriating" frozen assets; UK Government commissions review of offshore financial centers' Condor Insurance sued in California; and US criminally indicts Raoul Weil, Chairman and CEO of UBS Global Wealth Management and Business Banking and a member of the Swiss bank's Group Executive Board.
UK identifies four US persons of interest in investigation of $15 m theft from Commerzbank
United Kingdom law enforcement investigating the theft of $15 million from Commerzbank AG in Germany by members of its own staff and the subsequent laundering of the criminal proceeds to accounts in several countries, including Australia, Austria, the Bahamas, Costa
Kaupthing Bank hf.: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Iceland by Olafur Gardarsson, as the Foreign Representative of Kaupthing Bank hf., at the U. S. Bankruptcy Court for the Southern District of New York.
Glitnir banki hf.: Chapter 15 Petition (Iceland)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Iceland by Steinunn Guobjartsdottir, as the Foreign Representative of Glitnir banki hf., at the U. S. Bankruptcy Court for the Southern District of New York.
Economic crisis prompts UK Gov’t to review role of Offshore Financial Centers
The current global economic crisis has prompted the United Kingdom Government to commission an "independent review" of all British Crown Dependencies and Overseas Territories that serve as offshore financial centers.Details of the review, which is due to be completed by
United Kingdom: ‘Lord’ Hugh Rodley
Letters rogatory application made by Judge Zeidman, sitting at The Crown Court at Snaresbrook, England, on behalf of accused fraudster 'Lord' Hugh Rodley. There is nothing in the court records to indicate that this application was granted and it appears to have been procedurally flawed.
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