Complaint alleging “Since at least 2016, Ukrainian oligarch Oleg Bakhmatyuk has perpetrated a complex, multi-faceted scheme in order to maintain control over his agricultural business, UkrLandFarming PLC and its subsidiary Avangardco IPL, so that he could exploit the Company’s assets as his own personal war chest and frustrate Gramercy’s right to recover on its Notes” in Gramercy Distressed Opportunity Fund II LP, Gramercy Distressed Opportunity Fund III LP, Gramercy Distressed Opportunity Fund III-A LP, Gramercy EM Credit Total Return Fund, all of the Cayman Islands; Gramercy Funds Management LLC, and Roehampton Partners LLC, of Delaware v. Oleg Bakhmatyuk, described as “a dual citizen of Ukraine and Cyprus”; Nicholas Piazza, described as “a United States citizen who resides in Cody, Wyoming, and also has a home in Ukraine”; SP Capital Management LLC, of Wyoming; Oleksandr Yaremenko, described as “a Ukrainian citizen and resident of Kiev”, and TNA Corporate Solutions LLC, of Wyoming, at the U. S. District Court for the District of Wyoming.
Topics
Cayman Islands Cyprus Fraud Georgia InvestmentKeywords
Avangardco IPL Concorde Capital Gramercy Distressed Opportunity Fund Gramercy Funds Management Igor Petrashko