Angus Foster

Cayman court again allows an insolvent firm to file for liquidation in secrecy, despite NYSE listing

November 9, 2013

For the second time in seven months, Grand Court of the Cayman Islands judge Angus Foster has allowed an insolvent company with worldwide operations to file a liquidation petition under seal even though its securities or that of its controlling party were publicly-traded on the New York Stock Exchange.

Cayman judge rules ‘major British bank’ must not comply with British money laundering investigation

August 24, 2013

A Cayman Islands judge ruled that "a major British bank with its head office in London" must not comply with an order by an English court to produce information that the bank held in England to English police for a money laundering investigation - because it originated in Cayman and its release would violate Cayman's secrecy law.

Cayman judge puts Axiom Legal Financial Fund into Receivership

February 12, 2013

Axiom Legal Financing Fund was placed into receivership today by Justice Angus Foster, sitting at the Grand Court of the Cayman Islands.

Is Cayman Judge Angus Foster About To Do The Unthinkable?

February 8, 2013

Investors in Axiom Legal Financing Fund should be extremely concerned by the note that Cayman Islands judge Angus Foster circulated earlier this week seeking what are essentially 'affidavits of reassurance' from a dubious group that has proposed a ridiculous scheme

Hearing set for next Tuesday in Axiom Legal Financing Fund court case

February 7, 2013

A decision on whether to place Axiom Legal Financing Fund into Receivership or allow it to be restructured by a group associated with those responsible for its insolvency and fraudulent activity will not be delivered until next Tuesday at the earliest.