Iain Gow

Yao Guoliang v. Speed Success Group Ltd.: Winding Up Petition (‘Loss of Confidence’)

December 3, 2024

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.

International Investment Capital Ltd.: ‘Court Supervision’ Petition

November 15, 2024

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.

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.

Sigma Finance Corporation: Winding Up Petition (‘Multi-Billion Dollar Insolvency’)

June 7, 2024

Winding Up Petition in the matter of Sigma Finance Corporation, described as "a structured investment vehicle, which was incorporated as a special purpose vehicle whose principal function was to invest in certain types of asset-backed securities and other financial products", at the Grand Court of the Cayman Islands.

SPI Investment Fund SPC: ‘Court Supervision’ Petition

December 20, 2023

Petition for Court Supervision of a Voluntary Liquidation in the matter of SPI Investment Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

HOLT Funds SPC: ‘Restructuring’ Petition

October 18, 2023

Petition for the Appointment of Restructuring Officers in the matter of HOLT Funds SPC, which "operates a business as an investment fund, regulated by the Cayman Islands Monetary Authority (CIMA), through four segregated portfolios"; HOLT Funds Income Segregated Portfolio 02, whose "principal investments ... comprise collateralised debt obligations, relating to mortgages issued in respect of US real estate", and HOLT Trophy CRE Segregated Portfolio 03, whose "assets ... comprise of a mixed-use real estate portfolio in Boca Raton, Florida", at the Grand Court of the Cayman Islands.

Avanti Space Ltd. v. Global-IP Cayman: Winding Up Petition (‘$1.8M Debt’)

October 18, 2022

Winding Up Petition in Avanti Space Ltd., of England v. Global-IP Cayman at the Grand Court of the Cayman Islands.