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FTX Trading Ltd. et al v. Anthony Scaramucci et al: Complaint (‘$100M+ Damages’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Island Bay Ventures Inc., Clifton Bay Investments LLC, f.k.a. Alameda Research Ventures LLC v. SkyBridge Capital II LLC, SkyBridge GP Holdings LLC, Digital Macro Fund LP, f.k.a. SkyBridge Coin Fund LP; SALT Venture Group LLC, Anthony Scaramucci, and Brett Messing at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. FWD.us Inc.: Complaint (‘$1.8M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and Alameda Research LLC v. FWD.us Inc., which "was incorporated on March 8, 2013 in Delaware as a 501(c)(4) nonprofit by its founders Mark Zuckerberg and Joe Green", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. Fair Democracy: Complaint (‘$2M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., and West Realm Shires Services Inc. v. Fair Democracy, whose stated purpose is "to ensure that the roots of American democracy are healthy with strong voting rights and access, an engaged and informed electorate, an open and accountable government and trusted messengers engaging Americans in civil discourse", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. American Action Network Inc.: Complaint (‘$2.8M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. American Action Network Inc., described as a "nonprofit corporation" that was "an 'action tank' organized to promote 'center-right policies'", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. American Prosperity Alliance: Complaint (‘$3.2M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. American Prosperity Alliance, described as a "social welfare organization to 'advocate for legislative and regulatory policies that advance economic prosperity in America'", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. American Values Coalition Inc.: Complaint (‘$1.5M Fraudulent Transfer’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. American Values Coalition Inc., described as a "non-profit political action committee to '[p]rovide resources, skills, and community to counter extremism and misinformation in our families and neighborhoods'", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. Common Sense Leadership Fund: Complaint (‘$1.6M Fraudulent Transfer’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. Common Sense Leadership Fund Inc., a.k.a. Commonsense Leadership Fund, described as "non-profit organization that promotes conservative policies of individual freedom, lower taxes, and less regulation while using digital innovation to build a conservative grassroots community", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. Congressional Leadership Fund: Complaint (‘$2.75M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. Congressional Leadership Fund, described as "a super PAC organized to support Republican candidates for the United States House of Representatives", at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. Senate Leadership Fund: Complaint (‘$3.5M Fraudulent Transfers’)

November 8, 2024
Complaint in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; West Realm Shires Inc., West Realm Shires Services Inc., and North Dimension Inc. v. Senate Leadership Fund, described as "a Virginia non-profit corporation" that "primarily contributed funds to support Republican candidacies for state and/or federal elections and various conservative causes", at the U.S. Bankruptcy Court for the District of Delaware.

Sandvine Corporation et al: Chapter 15 Petition (Canada)

November 7, 2024
Chapter 15 Petition for the Recognition of a Foreign Main Proceeding in Canada by Jeffrey A. Kupp, as the Foreign Representative of Sandvine Corporation, New Procera GP Company, Sandvine Holdings UK Limited, Sandvine OP (UK) Ltd., Procera Networks, Inc., and Procera Holding, Inc., part of a group that "provides software products and services in approximately 50 countries, with its customers including approximately 130 of the largest global communications service providers that collectively service hundreds of millions of network users", filed at the U.S. Bankruptcy Court for the Northern District of Texas.

InterCement Brasil S.A. et al: Chapter 15 Objection (Brazil)

November 6, 2024
Ad Hoc Group's Objection to Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Brazil by Antonio Reinaldo Rabelo Filho, as the Foreign Representative of InterCement Brasil S.A., InterCement Participações S.A., InterCement Financial Operations B.V., and InterCement Trading e Inversiones S.A., described as being part of a group that is “the third largest cement and concrete producers in Brazil and market leaders in Argentina”, filed at the U.S. Bankruptcy Court for the Southern District of New York.

FTX Trading Ltd. et al v. Ryan Salame: Complaint & TRO Application (‘$182M Preferential & Fraudulent Transfers’)

November 4, 2024
Complaint and Application for Temporary Restraining Order regarding "approximately $98.8 million in fraudulent transfers" and "approximately $82.6 million in preferential transfers" in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research LLC, Alameda Research Ltd., of the British Virgin Islands; North Dimension Inc., West Realm Shires Inc., and West Realm Shires Services Inc. v. Ryan Salame at the U.S. Bankruptcy Court for the District of Delaware.

FTX Trading Ltd. et al v. Genesis Block Ltd. et al: Complaint (‘$100M Transfers & $120M Disallowance’)

November 4, 2024
Complaint to void transfers totaling "nearly $100 million" and disallow "more than $120 million" of filed claims, "the bulk of which represents fraudulent customer claims attributable to funds belonging to the Debtors", in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research Ltd., of the British Virgin Islands; North Dimension Inc., of Delaware, USA, and Maclaurin Investments Ltd., formerly Alameda Ventures Ltd., of Seychelles v. Genesis Block Ltd., of Hong Kong; Bluebird Capital Ltd., of the British Virgin Islands; Key Solution Development Ltd., of the British Virgin Islands; Merchant Oasis Ltd., of the British Virgin Islands; Clement Ip, Hung Ka Ho, a.k.a. Wincent Hung; Tin Ka Yu, a.k.a. Nicole Tin; Charles Yang, Myth Success Ltd., of the British Virgin Islands; GB Holdings, Ltd., of the Cayman Islands; GBV Capital, Inc., of the Cayman Islands; Nai Him Leslie Tam, Able Rise Corporate Development Ltd., GBV Technologies Ltd., and D21 Solutions Ltd. at the U.S. Bankruptcy Court for the District of Delaware.

Afiniti, Ltd.: Chapter 15 Petition (Bermuda)

November 3, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Hassan Afzal, as the Foreign Representative of Afiniti, Ltd. (in Provisional Liquidation), described as "the ultimate holding company of 32 companies in the business of applied predictive artificial intelligence" with total liabilities of $580 million, filed at the U.S. Bankruptcy Court for the District of Delaware.

Khaled Ismail et al v. EGI-EMG Corp.: Winding Up Petition (‘$1.2M Debt’)

November 1, 2024
Winding Up Petition regarding alleged debts of $1.2 million and €97,742 in Khaled Salem Ismail and Nazima Ismail Tera, both of Madrid, Spain v. EGI-EMG Corp., described as "a subsidiary of the US-based private equity and venture capital firm Equity Group Investments", at the Grand Court of the Cayman Islands.

Alameda Research Ltd. v. Gate Technology Inc. et al: Complaint (‘$40M Turnover’)

November 1, 2024
Complaint "to recover more than $40 million of debtor assets held in a Gate.io exchange account belonging to Alameda" in Alameda Research Ltd., of the British Virgin Islands v. Gate Technology Inc., of the Cayman Islands; Gate Global Corp., of Panama; Gate Information Pte. Ltd., of Singapore, and Sun Yunzhi at the U.S. Bankruptcy Court for the District of Delaware.

Chesswood Group Ltd. et al: Chapter 15 Petition (Canada)

October 30, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Jeffrey Rosenberg, of FTI Consulting, as the Foreign Representative of Chesswood U.S. Acquisitionco Ltd., Chesswood Group Limited, Chesswood Holdings Ltd., Lease-Win Limited, Case Funding Inc., 1000390232 Ontario Inc., Chesswood Capital Management Inc., Chesswood Capital Management USA Inc., Pawnee Leasing Corporation, Tandem Finance, Inc., Windset Capital Corporation, Rifco Inc., Rifco National Auto Finance Corporation, and Waypoint Investment Partners Inc., which "operate a consolidated financial services company that provides loans to small businesses and consumers across Canada and the United States", filed at the U.S. Bankruptcy Court for the District of Delaware.

Ultra Safe Nuclear Corporation et al: Chapter 11 Petition (‘$50M to $100M Liabilities’)

October 29, 2024
Chapter 11 Petition by Ultra Safe Nuclear Corporation, of Tennessee, USA; Ultra Safe Nuclear Corporation – Technologies, of Tennessee, USA; USNC-Power Ltd., and Global First Power Limited, both of Ottawa, Canada, part of a group that "is a global leader in developing cutting edge technology and equipment for reliable and safe zero-carbon nuclear power energy used on Earth and in space", at the U.S. Bankruptcy Court for the District of Delaware.

Cayman’s SPI Investment Fund liquidators seek evidence from U.S. loan recipients for investigation into ‘disappearance of $118M’

October 28, 2024
The liquidators of three insolvent Cayman Islands investment funds who are investigating "the disappearance of monies" from SPI Investment Fund SPC have applied for Chapter 15 bankruptcy recognition in Florida so they can take discovery from representatives of alleged $118 million loan recipients Sinai Holdings and Prudent Group, including Dennis Klemming, Jacob Gitman, and Yulia Kislyuk.

SPI Investment Fund SPC et al: Chapter 15 Petition (Cayman Islands)

October 28, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Andrew Morrison, David Griffin, and Iain Gow, of FTI Consulting, as the Foreign Representatives of SPI Investment Fund SPC (in Official Liquidation), and David Griffin and Yvonne Plamondon, of FTI Consulting, as the Foreign Representatives of International Portfolio Allocation Ltd. (in Official Liquidation) and International Capital Allocation Ltd. (in Official Liquidation), filed at the U.S. Bankruptcy Court for the Southern District of Florida.

Vicinity Motor Corp. et al: Chapter 15 Petition (Canada)

October 24, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Tom Powell, of FTI Consulting, as the Foreign Representative of Vicinity Motor Corp., Vicinity Motor (Bus) Corp., Vicinity Motor (Bus) USA Corp., and Vicinity Motor Property LLC, which "collectively conduct business as a North American supplier of electric commercial vehicles for both public and commercial enterprise use, operating primarily in British Columbia, Canada and in Washington State", filed at the U.S. Bankruptcy Court for the Western District of Washington.

Instituto de Prevision Social del Clero v. Andrew Jacobus: Complaint (‘$7M Fraud’)

October 21, 2024
Complaint objecting to the dischargeability of a $7 million claim in the defendant's bankruptcy proceedings in Instituto de Prevision Social del Clero, described as a Venezuelan charity "for the social welfare and assistance of the clergy of the Venezuelan catholic church" v. Andrew Hamilton Jacobus, a resident of Miami, Florida, USA, at the U.S. Bankruptcy Court for the Southern District of Florida.

Canterbury Securities, Ltd.: Chapter 15 Petition (Cayman Islands)

October 21, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Karen Scott and Russell Homer, of Chris Johnson Associates, as the Foreign Representatives of Canterbury Securities, Ltd., filed at the U.S. Bankruptcy Court for the Southern District of New York.

Hotel Portfolio II UK Ltd. et al v. Alantra Partners S.A. et al: Discovery Application (England)

October 18, 2024
Application by Hotel Portfolio II UK Limited, of England, and Elizabeth Alexandra Aird-Brown, a.k.a. Libby Aird-Brown, as Liquidator of Hotel Portfolio II UK Limited, to take discovery from Alantra Partners S.A., described as a French "global investment banking, asset management and technology advisory firm"; Natixis North America LLC, of New York, described as "a global multi-services investment banking firm"; Atlantic 57, LLC, described as "a Delaware limited liability company owned mostly, if not entirely, by Arthur P. Becker", and Property Markets Group, Inc., described as "a privately held New York corporation that develops and manages large scale real estate projects in various locations including New York City", for use in legal proceedings in England "against Andrew Joseph Ruhan and Anthony Edward Stevens" alleging "a complex fraud", filed at the U.S. District Court for the Southern District of New York.

City Credit Investment Bank Ltd. v. Citibank, N.A. et al: Discovery Application (Malaysia)

October 17, 2024
Application by Luke Furler, as the liquidator of Malaysia-based City Credit Investment Bank Ltd., to take discovery from Citibank, N.A., Bank of America, N.A., Deutsche Bank, AG, Deutsche Bank Trust Company Americas, New York, JPMorgan Chase Bank, N.A., Bank of New York Mellon Corp., Chase Manhattan Bank New York, and Credit Lyonnais New York for use in legal proceedings in Malaysia regarding a "global fraud" in which "an estimated 17,000 individuals" are "owed approximately 1.1 Billion U.S. Dollars", filed at the U.S. District Court for the Southern District of New York.

Light S.A.: Chapter 15 Petition (Brazil)

October 15, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Brazil by Antonio Reinaldo Rabelo Filho, as the Foreign Representative of Light S.A., described as "the parent entity of one of the largest electric power corporations in Brazil", filed at the U.S. Bankruptcy Court for the Southern District of Texas.

Wayne Burt Pte. Ltd.: Chapter 15 Petition (Singapore)

October 8, 2024
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Singapore by Farooq Ahmad Mann, as the Foreign Representative of Wayne Burt Pte. Ltd. (in Liquidation), whose "efforts at achieving a fair liquidation and distribution of assets have been frustrated and delayed by efforts from alleged creditors - Vertiv Capital, Inc., Vertiv Inc., and Gnaritas, Inc. - to litigate fabricated loan claims against the Chapter 15 Debtor in the United States District Court for the District of New Jersey rather than in the Singapore Liquidation Proceeding", filed at the U.S. Bankruptcy Court for the District of New Jersey.

Affinity Equity International Partners Ltd. et al v. Swizz Beatz et al: Complaint (‘$7.3M 1MDB Fraudulent Conveyance’)

October 2, 2024
Complaint for "the recovery of $7,300,000 that the notorious international fugitive Jho Low and his associates stole from the people of Malaysia and gifted to the Defendants - Dean, a well-known celebrity who goes by the stage name of "Swizz Beatz," and his companies" in Angela Barkhouse and Toni Shukla, as Liquidators of Affinity Equity International Partners Limited (in Liquidation) and Alsen Chance Holdings Limited (in Liquidation), both of the British Virgin Islands v. Kasseem Dean, described as "a notable record producer, rapper, disc jockey and record executive known professionally as 'Swizz Beatz'"; Monza Studios Inc., and Swizz Beatz Productions Inc. at the U.S. District Court for the Southern District of New York.

Kaisa Group Holdings Ltd.: ‘Scheme of Arrangement’ Petition (Cayman Islands)

September 30, 2024
Petition for the Court's Sanction of a Scheme of Arrangement in the matter of Kaisa Group Holdings Ltd., described as "an investment holding company of a group comprising the Company and its directly and indirectly owned subsidiaries that are located across various jurisdictions, including amongst others, the Cayman Islands, BVI, Hong Kong and the People’s Republic of China", at the Grand Court of the Cayman Islands.