Deborah Ellis: Disqualification (Guernsey)
Disqualification of Deborah Anne Ellis by the Guernsey Financial Services Commission.
Grandview Holdings Ltd. v. Tyche Investment Holdings Ltd. et al: Writ of Summons
Generally Indorsed Writ of Summons seeking to void the sale of Hong Kong-domiciled Colour Zone Limited in Grandview Holdings Limited v. Tyche Investment Holdings Limited, of the British Virgin Islands; Christopher Kennedy, of the Cayman Islands, and Matthew Wright, of Guernsey, as former Joint Official Liquidators of Blue Ridge China DFSS Holdings, at the Grand Court of the Cayman Islands.
LyonRoss Partners Master Fund LP et al v. Prophecy Trading Advisors International Ltd. et al: Sealing Order
Civil Cover Sheet, Order Sealing Complaint, and Order Staying Action Pending Arbitration in LyonRoss Partners Master Fund LP, of New York; Sussex Directories SEZC, of the Cayman Islands; Timberdale Limited, of Guernsey, in the Channel Islands; Vladimir Kuznetsov, of Switzerland, and The Piers Playfair Retirement Plan & Trust, of New York v. Prophecy Trading Advisors International Ltd., Prophecy Trading Advisors Master Fund LP, Prophecy Asset Management LP, Prophecy Trading Advisors GP LLC, Jeffrey Spotts, John Hughes, all of New York; John Caruso, of Johns Island, South Carolina, and Brian Khan, of Orlando, Florida, at the U. S. District Court for the Southern District of New York.
Richard Hayward et al v. Patricia Bloom: Discovery Application (Bahamas & England)
Application by Richard A. Hayward and Susan J. Heath, sons of deceased Bahamas-based, British businessman Jack Hayward, individually and on behalf of certain other beneficiaries of the Lydhurst Settlement, the Lydhurst 1993 Settlement, and the Dunmaglass Settlement, to take discovery from Patricia Ruth Bloom, described as "Sir Jack's long-time partner" and executrix of his estate, regarding, inter alia, their father's "financial troubles" and "irrational" behavior involving his investment in English soccer team Wolverhampton Wanderers prior to his death for use in contemplated legal proceedings "in England or the Bahamas", filed at the U. S. District Court for the Southern District of Florida.
USA v. Strachans SA: Criminal Information
Criminal Information alleging conspiracy to defraud the United States in USA v. Strachans SA (in Liquidation), described as "a Jersey-based accounting and financial services company that assisted U.S. taxpayer-clients and others in evading taxes through the use of offshore trusts and entities and offshore bank accounts" that later moved to Switzerland, at the U. S. District Court for the Central District of California. Editor's Note: In the Criminal Information, the USA stated that Strachans moved from Jersey to Switzerland in 1999 and, in 2009, "began doing business as Elston Management". Research by OffshoreAlert in the Swiss Commercial Registry showed that directors, past and present, of Elston Management SA have included Richard Jepson Egglishaw, a citizen of the United Kingdom residing in Monaco; Dino Ferro, a citizen of Italy; Rachel Laure Dupanloup, Henri Bressoud, and Dominique de Weck, of Switzerland.
USA v. Strachans SA: Plea Agreement
Plea Agreement in USA v. Strachans SA (in Liquidation), described as "a Jersey-based accounting and financial services company that assisted U.S. taxpayer-clients and others in evading taxes through the use of offshore trusts and entities and offshore bank accounts" that later moved to Switzerland and "began doing business as Elston Management", at the U. S. District Court for the Central District of California.
Aleksej Gubarev et al v. Orbis Business Intelligence Ltd. et al: Judgment (Misconduct)
Approved Judgment regarding alleged misconduct involving "the solicitors acting for the claimants, McDermott Will and Emery LLP and Ms Ziva Robertson, a partner in that firm" in Aleksej Gubarev and Webzilla Limited v. Orbis Business Intelligence Limited and Christopher Steele at the High Court, in London.
Stephen Dewsnip: £7K Fine (Guernsey)
Public Statement by the Guernsey Financial Services Commission that it has imposed a £7,000 fine on Stephen Paul Dewsnip regarding his conduct as "a non-executive director of Global Insurance Group Limited".
Shane Younger et al: Fines
Public Statement by the Guernsey Financial Services Commission that it has imposed fines on Shane Younger and Christopher Percival regarding Global Insurance Group Limited, of which they are "the majority shareholders".
SWM Ltd.: Public Statement
Public Statement regarding SWM Limited by the Jersey Financial Services Commission. Editor's Note: Research by OffshoreAlert in the Jersey Financial Services Commission's Companies Registry showed that, in its most recent annual return, dated January 1st, 2020, the sole shareholder of SWM Limited was identified as SJD Holdings Limited, also domiciled in Jersey, and, in its most recent annual return, dated January 1st, 2019, the shareholders of SJD Holdings Limited were identified as Stephen Francis Le Fondre, Simon John Dowling, Kevin Peter Goodbody, Tracey Anne Freeman, and Guy John Browning, all of Jersey.
Creditors apply to wind up Cayman parent of Liechtenstein’s Gable Insurance
Creditors in the British Virgin Islands, England, and Guernsey have applied to wind up the Cayman Islands parent company of insolvent Liechtenstein insurer Gable Insurance AG.
Malta FSA cancels licenses of three investment firms, fines two others
In a series of regulatory actions announced on Friday, the Malta Financial Services Authority cancelled the licenses of three investment firms and imposed fines on a retirement scheme and its administrator.
Global Insurance Group Ltd. et al: Fines
Public Statement by the Guernsey Financial Services Commission that it has imposed fines on Global Insurance Group Limited, Christopher Schofield, and Andrew William Robert.
Valla PTC Ltd. v. HSBC et al: Discovery Application (England)
Application by Valla PTC Limited, of Bermuda, as Trustee of the Westline Trust, to take discovery from HSBC Bank USA, HSBC Private Bank (Suisse) SA, HSBC Holdings PLC, UBS AG, Bank of New York Mellon, JPMorgan Chase Bank, NA, Citibank NA, Deutsche Bank (and its affiliates Deutsche Bank Trust Company Americas and Bankers Trust Company), Wells Fargo Bank, NA, Barclays Bank PLC, Lloyd's Bank USA, Lloyd's Bank Commercial Banking, Commerzbank AG, and Bank of America, NA for use in legal proceedings in the United Kingdom against Jonathan Moss Faiman, described as a citizen of the United Kingdom residing in Monaco, over the alleged failure to repay $30 million in loans, filed at the U. S. District Court for the Southern District of New York.
JTC (Jersey) Ltd. v. Sandra Looney: Defense
Defense in JTC (Jersey) Limited, of Jersey, in the Channel Islands v. Sandra Looney, of London, England, at the High Court of Justice, in London, England.
Luke Bryan et al v. Draganfly Investments Ltd.: Judgment
Judgment regarding winding-up in Luke Bryan and Dennis Vernon Edmonds v. Draganfly Investments Limited at the Royal Court of Jersey, in the Channel Islands.
Equity Trust (Jersey) Ltd.: £115,575 Fine
Public Statement by the Jersey FinancialServices Commission regarding a fine of £115,575 imposed on Equity Trust (Jersey) Limited
Circumference Holdings Ltd. et al v. Nicholas Martin: Defense
Defense in Circumference Investments (Europe) Limited, of England; Circumference (Luxembourg) SÃ rl, of Luxembourg, and Circumference Holdings Ltd., of the Cayman Islands v. Nicholas James Martin, of Luxembourg, at the High Court of Justice, England and Wales.
Benjamin Steinmetz v. Vale SA et al: Discovery Application (England)
Application by Benjamin Steinmetz, of Israel, described as an "adviser" to BSG Resources Limited, "a Guernsey-based international mining and natural resources company", to take discovery from Vale SA, described as a Brazil company that is "one of the largest mining companies in the world"; Vale Americas Inc., Rio Tinto Plc, and Rio Tinto Limited for use in legal proceedings in the United Kingdom involving Vale S.A., of Brazil; Vale Holdings B.V., of the Netherlands, and Vale International S.A., of Switzerland, filed at the U. S. District Court for the Southern District of New York.
MID Properties Investment Ltd. v. BVI Registrar of Corporate Affairs: Restoration Application
Fixed Date Claim Form regarding KSK Invest Limited, a British Virgin Islands company that was previously domiciled in Jersey, in the Channel Islands, in MID Properties Investment Limited, of Cyprus v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.
Artex Risk Solutions (Malta) Ltd.: Fine
Announcement by the Malta Financial Services Authority that it has imposed a fine of €25,700 against Artex Risk Solutions (Malta) Limited for failure "to submit the audited financial statements within the regulatory deadline". Editor's Note: Research by OffshoreAlert showed that, in filings with the Malta Business Registry, Artex Risk Solutions (Malta) Limited identifies its directors as Evander Borg, of Malta; Stuart Ciappara, of Malta; Nicholas Peter Heys, of Guernsey, and Martin Thomas Le Pelley, of Guernsey; its shareholders as Artex Risk Solutions (Guernsey) Limited and Artex Risk Solutions (Holdings) Limited, both of Guernsey, and its auditor as Ernst & Young Malta Limited.
Osprey Insurance Brokers Co. Ltd.: Fine
Announcement by the Malta Financial Services Authority that it has imposed a fine of €29,675 against Osprey Insurance Brokers Co. Limited for failure "to submit the audited financial statements within the regulatory deadline". Editor's Note: Research by OffshoreAlert showed that, in filings with the Malta Business Registry, Osprey Insurance Brokers Co. Limited identifies its directors as Martin Azzopardi, Suzanne Marie Chambers, Stuart Ciappara, all of Malta, and Martin Thomas Le Pelley, of Guernsey; its sole shareholder as Artex Holdings (Malta) Limited, and its auditor as Ernst & Young Malta Limited.
Mark Peter Penney: Corporate Disqualification
Disqualification of Mark Peter Penney by the Guernsey Financial Services Commission.
Marc Adam Roxby: Corporate Disqualification
Disqualification of Marc Adam Roxby by the Guernsey Financial Services Commission.
Guernsey regulator bans wealth managers Mark Penney and Marc Roxby
The Guernsey Financial Services Commission has fined and disqualified Mark Penney and Marc Roxby over self-dealing and misleading clients while operating failed financial services firm Criteria Wealth Management Ltd.
Mark Penney et al: Penalties
Public Statement by the Guernsey Financial Services Commission announcing financial penalties and corporate disqualifications against Mark Peter Penney and Marc Adam Roxby after finding that each "was not a fit and proper person" regarding their involvement with Criteria Wealth Management Limited, which went into compulsory liquidation.
Nigeria, Jersey, & USA: $311M Repatriation Agreement
News Release, and a copy of a "trilateral agreement among the governments of the United States, Nigeria and the Bailiwick of Jersey", by the U. S. Department of Justice announcing the repatriation to Nigeria of $311 million that were allegedly the proceeds of corruption involving General Sani Abacha, Ibrahim Sani Abacha, Abubakar Atiku Bagudu, lsmaila Gwarzo, Alhaji Ahmadu Daura, Chief Anthony Ani, David Umaru, Doraville Properties Corporation, Eagle Alliance International Limited, Harbour Engineering and Construction Limited, Mecosta Securities Inc., Morgan Procurement Corporation, Rayville International SA, The Ridley Trust, Ridley Group Limited, and Standard Alliance Financial Services Limited.
USA v. Bank Hapoalim BM et al: Plea Agreement
Plea Agreement in USA v. Bank Hapoalim BM, of Israel, and Hapoalim (Switzerland) Ltd., of Switzerland, at the U. S. District Court for the Southern District of New York.
Guardian Global Capital (Suisse) SA v. Jersey FSC: Judgment
Judgment in Guardian Global Capital (Suisse) SA, of Switzerland v. Jersey Financial Services Commission at the Royal Court of Jersey, in the Channel Islands.
SKAT v. John van Merkensteijn et al: Judicial Assistance (Cayman Islands)
Motion for Issuance of a Request for International Judicial Assistance to Obtain Evidence in the Cayman Islands from Bell Rock Corporate Services, Campbell Corporate Services Limited, CO Services Cayman Limited, DMS Corporate Services Ltd., Forbes Hare Trust Company Limited, Genesis Trust & Corporate Services Ltd., Harneys Services (Cayman) Limited, Intertrust Corporate Services (C.I.) Limited, Ocorian (Cayman) Limited, Sterling Trust (Cayman) Limited, Trident Trust Company (Cayman) Limited, Vistra (Cayman) Limited, and Walkers Corporate Limited regarding an allegedly fraudulent 12.7 billion Danish Kroner tax refund fraud scheme whose "principal organizer" was identified as Dubai-based British national Sanjay Shah in Skatteforvaltningen, a.k.a. SKAT, Denmark's tax collection agency v. John van Merkensteijn, Richard Markowitz, Bernina Pension Plan Trust, RJM Capital Pension Plan Trust, 2321 Capital Pension Plan, Bowline Management Pension Plan, California Catalog Company Pension Plan, Clove Pension Plan, Davin Investments Pension Plan, Delvian LLC Pension Plan, DFL Investments Pension Plan, Laegeler Asset Management Pension Plan, Lion Advisory Inc. Pension Plan, Mill River Capital Management Pension Plan, Next Level Pension Plan, Rajan Investments LLC Pension Plan, Spirit on the Water Pension Plan, and Traden Investments Pension Plan at the U. S. District Court for the Southern District of New York.
SKAT v. John van Merkensteijn et al: BVI Judicial Assistance
Motion for Issuance of a Request for International Judicial Assistance to Obtain Evidence in the British Virgin Islands from Harneys Corporate Services Limited, Intershore Consult (BVI) Ltd., Intertrust Corporate Services (BVI) Limited, MMG Trust (BVI) Corp., Mossack Fonseca & Co. (BVI) Limited, by its liquidator, Deloitte Ltd. (BVI); Overseas Management Company Trust (BVI) Ltd., Sentinel International Management SA, and Vistra (BVI) Limited regarding an allegedly fraudulent 12.7 billion Danish Kroner tax refund fraud scheme whose "principal organizer" was identified as Dubai-based British national Sanjay Shah in Skatteforvaltningen, a.k.a. SKAT, Denmark's tax collection agency v. John van Merkensteijn, Richard Markowitz, Bernina Pension Plan Trust, RJM Capital Pension Plan Trust, 2321 Capital Pension Plan, Bowline Management Pension Plan, California Catalog Company Pension Plan, Clove Pension Plan, Davin Investments Pension Plan, Delvian LLC Pension Plan, DFL Investments Pension Plan, Laegeler Asset Management Pension Plan, Lion Advisory Inc. Pension Plan, Mill River Capital Management Pension Plan, Next Level Pension Plan, Rajan Investments LLC Pension Plan, Spirit on the Water Pension Plan, and Traden Investments Pension Plan at the U. S. District Court for the Southern District of New York.
Vale SA et al v. HFZ Capital Group LLC et al: Discovery Application (England)
Application by Vale SA, of Brazil; Vale Holdings BV, of the Netherlands, and Vale International SA, of Switzerland, to take discovery from HFZ Capital Group LLC, Ziel Feldman, Helene Feldman, Nir Meir, John Shannon, the Feldman Family 2007 Trust, Kenneth Henderson, Bryan Cave Leighton Paisner LLP, Chatsworth Realty 340 LLC, HFZ 344 West 72nd Street Owner LLC, Chatsworth Realty Corp., 215 Chrystie LLC, HFZ 40 Broad Street LLC, HFZ Highline Property Owner LLC, HFZ Highline Retail Owner LLC, HFZ Highline LLC, HFZ 501 West LLC, 20 West 40 Bryant Park Owner LLC, HFZ Bryant Park Owner LLC, Tarpley Belnord Corp., Perfectus Real Estate Corp., HFZ 235 West 75th Street Owner LLC, HFZ 301 West 53rd Street Owner LLC, HFZ 88 Lexington Avenue Owner LLC, HFZ 90 Lexington Avenue Owner LLC, HFZ KIK 30th Street Owner LLC, HFZ West 30th Street Partners LLC, HFZ KIK 30th Street LLC, HFZ KIK 30th Street Mezzanine LLC, 76 Eleventh Avenue Property Owner LLC, Fine Arts NY LLC, RFR Holding LLC, Aby Rosen, R&S Chrysler LLC and RFR Realty LLC for use in legal proceedings in England against Benjamin (Beny) Steinmetz, Dag Lars Cramer, Marcus Struik, Asher Avidan, Joseph Tchelet, David Clark, the Balda Foundation, of Liechtenstein, and Nysco Management Corp., of the British Virgin Islands, alleging the fraudulent inducement of $1.2 billion for "a scheme to illegally gain valuable mining rights through bribery of government officials in the Republic of Guinea", filed at the U. S. District Court for the Southern District of New York.
BNP Paribas Jersey Trust Corporation Ltd. et al v. Edoarda Crociani et al: Complaint
Petition and Complaint alleging an "illicit scheme" to avoid "a global asset freeze" issued by the Royal Court of Jersey "using a network of shadowy offshore entities and trusts" in BNP Paribas Jersey Trust Corporation Limited, of Jersey, in the Channel Islands, and David Shute, as Liquidator of Twenty-Three Investments Ltd., of the British Virgin Islands v. Edoarda Crociani, described as a resident of Monaco "whose net worth is estimated to be hundreds of millions of dollars"; Apollo Trust, of Anguilla; United Trust (Anguilla) Limited, of Anguilla, and United International Trust NV, of Curaçao, both as Trustees of the Apollo Trust, at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.
Jersey AG v. Abu Dhabi Commercial Bank PJSC, Jersey Branch: Judgment
Judgment regarding a £475,000 fine "for failing to maintain appropriate and consistent policies and procedures relating to customer due diligence measures and risk assessment and management in order to prevent and detect money laundering" in The Attorney General v. Abu Dhabi Commercial Bank PJSC, Jersey Branch at the Royal Court of Jersey, in the Channel Islands.
Kevin Alcock et al v. Gable Holdings Inc.: Winding Up Petition
Winding Up Petition in Kevin Robert Alcock, of Surrey, England; Oak Trust (Guernsey) Limited, of Guernsey, in the Channel Islands, and Baytree Group Holdings Limited, of the British Virgin Islands v. Gable Holdings Inc., the parent company of Liechtenstein-domiciled Gable Insurance AG, at the Grand Court of the Cayman Islands.
Thelma Paraskevaides et al v. Citco Trust Corp. et al: Appeal Judgment
Judgment regarding a "battle for control of BVI Companies" in Thelma Paraskevaides and Christina Paraskevaides v. Citco Trust Corporation, Efthyvoulos Iacovides, Volkart International Ltd., Adow Corporation Inc., Bauru Holdings Ltd., Knock Holdings Ltd., Dandyboard Ltd., Beloglow Limited, Fawntown Limited, Baricrest Limited, and Dabcey Corporation at the British Virgin Islands Court of Appeal.
OneWeb Global Ltd. et al: Chapter 11 Petition
Chapter 11 Petition by OneWeb Global Limited, of England; 1021823 B.C. Ltd., of Canada; Network Access Associates Limited, of England; OneWeb ApS, of Greenland; OneWeb Chile SpA, of Chile; OneWeb Communications Limited, of England; OneWeb G.K., of Japan; OneWeb Global Limited, of England; OneWeb Holdings LLC, of New York; OneWeb Limited, of Jersey, in the Channel Islands; OneWeb Ltd., of Malta; OneWeb Network Access Holdings Limited, of England; OneWeb Norway AS, of Norway; WorldVu Australia Pty Ltd., of Australia; WorldVu Development LLC, of Nevada; WorldVu JV Holdings LLC, of Delaware; WorldVu Mexico, S. DE R. L. DE C.V., of Mexico; WorldVu Satellites Limited, of Jersey, in the Channel Islands; WorldVu South Africa (Pty) Ltd., of South Africa, and WorldVu Unipessoal Lda, of Portugal, at the U. S. Bankruptcy Court for the Southern District of New York.
JTC (Jersey) Ltd. v. Sandra Looney: Claim Form
Claim Form in JTC (Jersey) Limited, of Jersey, in the Channel Islands v. Sandra Looney, of London, England, at the High Court of Justice, in London, England.
Bruce Sherman v. Delphi Technologies Plc et al: Class Action Complaint
Class Action Complaint alleging securities violations in Bruce Sherman v. Delphi Technologies Plc, described as a Jersey, Channel Islands- domiciled company whose shares are listed on the New York Stock Exchange; Timothy M. Manganello, Richard F. Dauch, Robin J. Adams, Joseph S. Cantie, Nelda J. Connors, Gary L. Cowger, David S. Haffner, Helmut Leube, Hari N. Nair, Maryann Wright, and BorgWarner Inc. at the U. S. District Court for the District of Delaware.
‘Remove content about Sandra Esnouf,’ writes ‘Lisa M. Farrington’
Letter to OffshoreAlert from 'Lisa M. Farrington' requesting the removal of content regarding her "client", Sandra Esnouf, who pleaded guilty to multiple counts of larceny and money laundering in Jersey, in the Channel Islands, in 2016.
Hollingsworth International Financial Services Ltd. et al: Penalties
Announcement by the Malta Financial Services Authority regarding penalties against Hollingsworth International Financial Services Limited and Mark Hollingsworth. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the sole shareholder of Hollingsworth International Financial Services Limited was identified as Dominion Fiduciary Trust Limited, of Jersey, in the Channel Islands, on behalf of the Ultimate Beneficial Owner, Mark Hollingsworth, 51, a citizen of the United Kingdom.
Charles Tracy: Corporate Disqualification
Entry by the Guernsey Financial Services Commission of Charles Peter Gervais Tracy in its list of corporate disqualifications.
Kevin Gilligan: Corporate Disqualification
Entry by the Guernsey Financial Services Commission of Kevin Paul Gilligan in its list of corporate disqualifications.
Guernsey FSC fines and bans Louvre Fund Services & Directors
The Guernsey Financial Services Commission has imposed financial penalties totaling £203,000 and/or corporate bans regarding fund administrator Louvre Fund Services Limited and four of its directors, Kevin Gilligan, Charles Tracy, Derek Baudains, and Julian Lane.
Louvre Fund Services Ltd. et al: Penalties
Public Statement by the Guernsey Financial Services Commission announcing regulatory penalties against Louvre Fund Services Limited, Kevin Gilligan, Charles Peter Gervais Tracy, Derek Paul Baudains, and Julian Dai Lane.
RTW Venture Fund Ltd.: 2019 Annual Return (Guernsey)
2019 Annual Return for RTW Venture Fund Limited, obtained from the Guernsey Registry.
Jersey AG v. Abu Dhabi Commercial Bank PJSC: Judgment
Judgment following a guilty plea for a money laundering offense in The Attorney General v. Abu Dhabi Commercial Bank PJSC Jersey Branch at the Royal Court of Jersey, in the Channel Islands.
Seabras 1 USA LLC et al v. Seabras Group LLC et al: Complaint
Complaint in Seabras 1 USA LLC, of Delaware, and Seabras 1 Bermuda Ltd., of Bermuda v. Seabras Group LLC, Partners Group Seabras, LLC, and Partners Group Seabras Holding, LLC, all of Delaware, at the U. S. Bankruptcy Court for the Southern District of New York.
RREEF Infrastructure (GP) Ltd. et al v. Spain: Petition to Enforce Arbitral Award
Petition to Enforce Arbitral Award in the amount of €59.6 million in RREEF Infrastructure (G.P.) Limited, of Jersey, in the Channel Islands, and RREEF Pan-European Infrastructure Two Lux SARL, of Luxembourg v. Kingdom of Spain at the U. S. District Court for the District of Columbia.
Durant International Corp. et al: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Matthew Richardson and Kevin Hellard, of Grant Thornton, as the Foreign Representatives of Durant International Corp., Kildare Finance Ltd., and McDoel Investment Limited, which were "controlled and beneficially owned by Paulo Salim Malif", described as a former mayor os São Paulo, Brazil, at the U. S. Bankruptcy Court for the Southern District of Florida.
