Bermuda-based Bank of Butterfield and Bahamas-based offshore provider Lions Gate Management have been named as defendants in the latest wave of lawsuits filed by the Bankruptcy Trustee of Evergreen Security, an unlicensed mutual fund which defrauded its investors of over $200 million.
Twenty-two new actions were filed at the U. S. Bankruptcy Court for the Middle District of Florida, in Orlando, on January 23, 2003 and four previously-dismissed lawsuits have been reopened, said Bankruptcy Trustee Bill Cuthill.
Evergreen Trustee sues Bank of Butterfield, Lions Gate Management et al
22 years ago
Topics
Bermuda British Virgin Islands Fraud Investment Liquidations & InsolvenciesKeywords
Bear Stearns Butterfield Bank Evergreen Security Lions Gate Management Liquidations & Insolvencies