Crux Sea Ltd.: Directors (Cayman Islands)
Director Details for Crux Sea Ltd., obtained from the Cayman Islands General Registry on December 10th, 2024.
Cygnus Sea Ltd.: Directors (Cayman Islands)
Director Details for Cygnus Sea Ltd., obtained from the Cayman Islands General Registry on December 10th, 2024.
Centaurus Sea Ltd.: Directors (Cayman Islands)
Director Details for Centaurus Sea Ltd., obtained from the Cayman Islands General Registry on December 10th, 2024.
Aquila Sea Ltd.: Directors (Cayman Islands)
Director Details for Aquila Sea Ltd., obtained from the Cayman Islands General Registry on December 10th, 2024.
Andromeda Sea Ltd.: Directors (Cayman Islands)
Director Details for Andromeda Sea Ltd., obtained from the Cayman Islands General Registry on December 10th, 2024.
SEC v. Xtreme Fighting Championships Inc. et al: Complaint (‘$5M Securities Fraud’)
Complaint alleging "a fraudulent scheme to illegally sell large amounts of Xtreme Fighting stock to the investing public" involving entities in the Cayman Islands, Saints Kitts and Nevis, and USA in U.S. Securities and Exchange Commission v. Steve A. Smith Jr. and Xtreme Fighting Championships Inc. at the U.S. District Court for the Southern District of Florida.
Strong Petrochemical Holdings Ltd.: Directors (Cayman Islands)
Director Details for Strong Petrochemical Holdings Limited, obtained from the Cayman Islands General Registry on December 7th, 2024.
‘Remove my name or I’ll sue’, writes Singapore-based accountant Trisha Moustafa
Letter from Singapore-based accountant Trisha Moustafa threatening to sue OffshoreAlert if we did not remove her name from our website in connection with a complaint against LM Fund One Ltd. (in Official Liquidation) to which Moustafa was not a party, nor identified as such by OffshoreAlert, but in which she was identified as having corresponded with the plaintiff in her capacity as an employee of Bolder Fund Services (Singapore) Pte Ltd., which had allegedly accepted LM Fund One Ltd. as a client after the Fund's previous administrator had allegedly resigned.
Fortress Credit Corp. v. Nonsense Ltd.: ‘Deferred Dissolution’ Petition (‘Charles Cohen’s $187M Loan Guaranty’)
Petition in Fortress Credit Corp., of Delaware, USA v. Nonsense Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Fortress Credit Corp. v. Senseless Ltd.: ‘Deferred Dissolution’ Petition (‘Charles Cohen’s $187M Loan Guaranty’)
Petition in Fortress Credit Corp., of Delaware, USA v. Senseless Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Fortress Credit Corp. v. Seasense LLC: ‘Deferred Dissolution’ Petition (‘Charles Cohen’s $187M Loan Guaranty’)
Petition in Fortress Credit Corp., of Delaware, USA v. Seasense LLC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Fortress Credit Corp. v. Sea S Sea Ltd.: ‘Deferred Dissolution’ Petition (‘Charles Cohen’s $187M Loan Guaranty’)
Petition in Fortress Credit Corp., of Delaware, USA v. Sea S Sea Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
Fortress Credit Corp. v. Clo Sea 2 Ltd.: ‘Deferred Dissolution’ Petition (‘Charles Cohen’s $187M Loan Guaranty’)
Petition in Fortress Credit Corp., of Delaware, USA v. Clo Sea 2 Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
‘Remove ‘defamation link’ or I’ll sue for CHF10M in Switzerland’, writes Aiaz Bakasov
Letter from Aiaz Bakasov threatening to sue OffshoreAlert in Switzerland for "compensation starting at CHF 10 million" if we did not remove from our website a copy of a complaint against Cayman Islands-domiciled Bahet Commodity Arbitrage Limited at federal court in the United States in which a judgment for $1 million was entered against the defendant in 2023. Bakasov was not a party in the action, nor was he referred to as such by OffshoreAlert, but he was identified in an exhibit to the complaint as a "Director" of BCAL's "Investment Director", Headway Management Europe Limited, which was described as "a Gibraltar company".
China National Culture Group Ltd.: ‘Share Reduction’ Petition
Petition in the matter of China National Culture Group Limited at the Grand Court of the Cayman Islands.
Yao Guoliang v. Speed Success Group Ltd.: Winding Up Petition (‘Loss of Confidence’)
Winding Up Petition in Yao Guoliang, of Hong Kong v. Speed Success Group Limited, described as a shareholder in Strong Petrochemical Holdings Limited, which is "the listed holding company of a group of subsidiaries and related entities" with "operations in Hong Kong, Mainland China, Macau and Singapore" whose "core business ... is the trading of crude oil, petroleum products and petrochemicals", at the Grand Court of the Cayman Islands.
RBC Trustees (Jersey) Limited v. Novalpina Vision LP: Winding Up Petition (‘Loss of Trust and Confidence’)
Winding Up Petition in RBC Trustees (Jersey) Limited, survivor by merger of RBC Trust Company (Guernsey) Limited, as Trustee of Clarendon Trust, of Jersey, Channel Islands v. Novalpina Vision LP at the Grand Court of the Cayman Islands.
DNR Pet International Holdings LLC: Restoration Application (Cayman Islands)
Originating Application in the matter of DNR Pet International Holdings LLC at the Grand Court of the Cayman Islands.
Inspire Inc.: Directors (Cayman Islands)
Director Details for Inspire Inc., obtained from the Cayman Islands General Registry on November 29th, 2024.
Sybex Alliance Ltd.: Restoration Application (Cayman Islands)
Originating Application in the matter of Sybex Alliance Limited at the Grand Court of the Cayman Islands.
Cayman Islands capital-raising subsidiaries of Spirit Airlines follow parent into Chapter 11 bankruptcy in U.S.
Four Cayman Islands subsidiaries of Florida-based, self-described "ultra low-cost carrier" Spirit Airlines have followed its parent into Chapter 11 bankruptcy in New York, namely Spirit Finance Cayman 1 Ltd., Spirit Finance Cayman 2 Ltd., Cayman IP Spirit Ltd., and Spirit Loyalty Cayman Ltd.
Spirit IP Cayman Ltd.: Directors (Cayman Islands)
Director Details for Spirit IP Cayman Ltd., obtained from the Cayman Islands General Registry on November 26th, 2024.
Spirit Loyalty Cayman Ltd.: Directors (Cayman Islands)
Director Details for Spirit Loyalty Cayman Ltd., obtained from the Cayman Islands General Registry on November 26th, 2024.
Spirit Finance Cayman 2 Ltd.: Directors (Cayman Islands)
Director Details for Spirit Finance Cayman 2 Ltd., obtained from the Cayman Islands General Registry on November 26th, 2024.
Spirit Finance Cayman 1 Ltd.: Directors (Cayman Islands)
Director Details for Spirit Finance Cayman 1 Ltd., obtained from the Cayman Islands General Registry on November 26th, 2024.
Beijing Capital Grand Ltd.: ‘Scheme of Arrangement’ Petition
Petition for the Court's Sanction of a Scheme of Arrangement in the matter of Beijing Capital Grand Limited at the Grand Court of the Cayman Islands.
Copia Investment Partners Ltd. et al v. Sterling Fund Management LLC et al: Class Action Complaint (‘Squeeze-Out Challenge’)
Class Action Complaint that "challenges an underpriced, conflicted-controller squeeze-out" in Copia Investment Partners Ltd., of Australia; Maso Capital Investments Limited, of the Cayman Islands and Hong Kong; Blackwell Partners LLC-Series A, and Star V Partners LLC v. Sterling Fund Management LLC, Sterling Capital Partners IV LP, SCP IV Parallel LP, Avi Mezz Co. LP, M. Avi Epstein, R. Christopher Hoehn-Saric, and Steve Fireng at the Court of Chancery of the State of Delaware, USA.
Spirit Finance Cayman 1 Ltd. et al: Chapter 11 Petition (‘Cayman Islands Subsidiaries of Spirit Airlines’)
Chapter 11 Petition by Spirit Finance Cayman 1 Ltd., Spirit Finance Cayman 2 Ltd., Cayman IP Spirit Ltd., and Spirit Loyalty Cayman Ltd., described as Cayman Islands-domiciled subsidiaries of Spirit Airlines, Inc., filed at the U.S. Bankruptcy Court for the Southern District of New York.
Huatai Investment Ltd.: Directors (Cayman Islands)
Director Details for Huatai Investment Limited, obtained from the Cayman Islands General Registry on November 25th, 2024.
Gabi Gliksberg v. Blockchain Coinvestors Acquisition Corp. I et al: Class Action Complaint (‘$8M Unjust Enrichment’)
Class Action Complaint alleging "a SPAC sponsor’s attempt to appropriate the residual assets of the SPAC - over $8 million in corporate assets - solely for itself to the detriment of public stockholders" in Gabi Gliksberg v. Blockchain Coinvestors Acquisition Corp. I, of the Cayman Islands; Blockchain Coinvestors Acquisition Sponsor I LLC, Matthew Le Merle, Lou Kerner, Gary Cookhorn, Rebecca Cookhorn, Rebecca Maciera-Kaufmann, Colin Weil, and Alison Davis at the Court of Chancery of the State of Delaware, USA.
Silicon Valley Bank (Cayman Islands) v. FDIC: Complaint (‘Failure to Cover Foreign Depositors’)
Complaint for Declaratory Judgment, Violation of Due Process Rights, Review of Final Agency Action, Estoppel, Unjust Enrichment, and Violation of Due Process in Niall Ledwidge, Michael Pearson, and Andrew Childe, as Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation) and Silicon Valley Bank, of the Cayman Islands v. Federal Deposit Insurance Corporation and Martin J. Gruenberg at the U.S. District Court for the Northern District of California.
Huarong (HK) Industrial and Financial Investment Ltd. v. Huatai Investment Ltd.: Originating Summons (‘Inspection of Records’)
Originating Summons in Huarong (HK) Industrial and Financial Investment Limited, of Hong Kong v. Huatai Investment Limited at the Grand Court of the Cayman Islands.
Cayman/Hong Kong crypto firm BIT Mining admits bribing Japanese officials, will pay $10M to settle U.S. criminal charges
Cayman Islands-domiciled, Hong Kong-based crypto firm BIT Mining Ltd. has agreed to pay a $10 million fine to settle criminal charges in the United States that it paid $1.9 million in bribes to "Japanese government officials", while its Chinese former CEO, Zhengming Pan, has been criminally indicted.
BIT Mining Ltd.: Directors (Cayman Islands)
Director Details for BIT Mining Limited, obtained from the Cayman Islands General Registry on November 19th, 2024.
Bonjour Holdings Ltd.: ‘Share Reduction’ Petition
Petition in the matter of Bonjour Holdings Limited at the Grand Court of the Cayman Islands.
BIT Mining Ltd.: Order (‘Japan Bribery’)
Administrative Order regarding "violations of the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act" in U.S. Securities and Exchange Commission v. BIT Mining Ltd., of the Cayman Islands.
USA v. BIT Mining Ltd.: Deferred Prosecution Agreement ($10M Fine)
Deferred Prosecution Agreement in USA v. BIT Mining Ltd., formerly known as 500.com Ltd., described as a Cayman Islands-domiciled, Hong Kong-based crypto mining company, at the U.S. District Court for the District of New Jersey.
USA v. BIT Mining Ltd.: Criminal Information (‘$1.9M Bribes’)
Criminal Information alleging Conspiracy to Violate the Foreign Corrupt Practices Act and to Falsify Books and Records in USA v. BIT Mining Ltd., formerly known as 500.com Ltd., described as a Cayman Islands-domiciled, Hong Kong-based crypto mining company, at the U.S. District Court for the District of New Jersey.
Spirit Airlines Inc.: Chapter 11 Petition
Chapter 11 Petition by Spirit Airlines, Inc., described as "a leading ultra low-cost carrier committed to delivering value to its guests by offering an enhanced travel experience with flexible, affordable options", at the U.S. Bankruptcy Court for the Southern District of New York.
Med On Spot (Cayman) Ltd.: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of Med On Spot (Cayman) Ltd. (in Voluntary Liquidation), which trades as Angela Healthcare, at the Grand Court of the Cayman Islands.
International Investment Capital Ltd.: ‘Court Supervision’ Petition
Petition for Court Supervision of a Voluntary Liquidation in the matter of International Investment Capital Ltd. (in Voluntary Liquidation), which "provided working capital to regulated healthcare facilities in the United States" and whose "sole director" is U.S.-based Swedish national Dennis Klemming, at the Grand Court of the Cayman Islands.
Reid’s Premier Tours (1986) Ltd.: Restoration Application (Cayman Islands)
Originating Application in the matter of Reid's Premier Tours (1986) Ltd. at the Grand Court of the Cayman Islands.
British fund manager Jeremy Leach defaults on $11.5M fraud complaint settlement, say Cayman liquidators
British fund manager Jeremy Leach has defaulted on an agreement to pay $11.5 million to settle a fraud complaint in the Cayman Islands regarding two of his failed life settlement funds - Traded Life Policies Fund and Diversified Settlements Fund, the liquidators have told creditors.
Aardvark Equity Ltd.: Restoration Application (Cayman Islands)
Originating Application in the matter of Aardvark Equity Ltd. at the Grand Court of the Cayman Islands.
Jie ‘Irene’ Shen v. Inspire Inc.: Originating Summons (‘Inspection of Records’)
Originating Summons in Jie 'Irene' Shen v. Inspire Inc. at the Grand Court of the Cayman Islands.
Artificial Intelligence Technology Solutions Inc. v. Arena Business Solutions Global SPC II Ltd.: Complaint (‘Unenforceable $25M Agreement’)
Complaint in Artificial Intelligence Technology Solutions Inc. v. Arena Business Solutions Global SPC II Ltd., of the Cayman Islands, at the U.S. District Court for the Southern District of New York.
Knighted Pastures LLC v. Ourgame International Holdings Ltd. et al: Complaint (‘Breach of Fiduciary Duty’)
Complaint in Knighten Pastures LLC v. Yangyang Li, Yuanfei Qu, Zongmin Ding, Mao Sun, Chi Zhao, Jingsheng Lu, Guanzhou Qin, Yushi Guo, Ourgame International Holdings Ltd., of the Cayman Islands; Primo Vital Ltd., Yellow River Global Capital, of Hong Kong, and Blue Planet New Technology Limited, of the British Virgin Islands, as Defendants, and Allied Gaming & Entertainment Inc., as Nominal Defendant, at the Court of Chancery of the State of Delaware, USA.
U.S. files forfeiture complaint against crypto linked to ‘Sam Bankman-Fried’s Chinese bribery scheme’
The United States has filed a forfeiture complaint regarding crypto allegedly traceable to a bribery scheme by FTX principal Sam Bankman-Fried to unfreeze $1 billion of crypto that had been frozen by Chinese law enforcement in 2021.
USA v. 143,141.22354808 IC et al: Forfeiture Complaint (‘FTX Chinese Crypto Bribe’)
Forfeiture Complaint regarding crypto seized from an account at Binance that is "traceable" to an alleged scheme in which FTX crypto exchange principal Sam Bankman-Fried "agreed to and directed a multi-million-dollar bribe to seek to unfreeze certain cryptocurrency trading accounts that collectively contained approximately $1 billion in cryptocurrency" which had been seized by Chinese law enforcement in USA v. 143,141.22354808 Internet Computer, 21,040.21498360 Avalanche, 7,668,131.89194094 Ripple, 3,947,566.56755894 Cardano, and 43,137.54120377 Solana at the U.S. District Court for the Southern District of New York.
FTX sues crypto exchange Binance to clawback $1.8B in ‘fraudulent transfers’
FTX - which "may have been insolvent from inception" - has sued rival crypto exchange Binance in an attempt to recover $1.76 billion of "fraudulent transfers" in a dispute whose parties are entities or individuals in Antigua, Bahamas, British Virgin Islands, Cayman Islands, China, Hong Kong, Ireland, and USA.