Although much has been made overseas of a decision by the Grand Court of the Cayman Islands to approve a request to hand over the bank records of Euro Bank Corporation client Kenneth Taves to his US-based Receiver, there is nothing unusual about such a move.
The foreign press has been lauding the deal as a break with tradition by Cayman after comments to that effect by Robb Evans, the Receiver for Kenneth Taves, his wife, Teresa; and their businesses J. K. Publications Inc., MJD Service Corp., TAL Services Inc. and their affiliates and subsidiaries.
‘Nothing unusual’ about turn-over of Cayman bank records to US Receiver, say Cayman attorneys
25 years ago
Topics
Banks & Trusts Cayman Islands Fraud Liquidations & Insolvencies Money LaunderingKeywords
Adam Spencer Joffe Barclays Barnard Ltd. Bill Parodi Bob Rappaport