Bahet Commodity Arbitrage

Letter from Aiaz Bakasov threatening to sue OffshoreAlert in Switzerland for "compensation starting at CHF 10 million" if we did not remove from our website a copy of a complaint against Cayman Islands-domiciled Bahet Commodity Arbitrage Limited at federal court in the United States in which a judgment for $1 million was entered against the defendant in 2023. Bakasov was not a party in the action, nor was he referred to as such by OffshoreAlert, but he was identified in an exhibit to the complaint as a "Director" of BCAL's "Investment Director", Headway Management Europe Limited, which was described as "a Gibraltar company".

Judgment for $1 million in Global Online Trading Inc. v. Bahet Commodity Arbitrage Limited, of the Cayman Islands, at the U.S. District Court for the Northern District of Illinois.

Director Details for Bahet Commodity Arbitrage Limited, obtained from the Cayman Islands General Registry on February 17th, 2023.

Complaint alleging breach of contract in Global Online Trading Inc. v. Bahet Commodity Arbitrage Limited, of the Cayman Islands, at the U.S. District Court for the Northern District of Illinois.