Dan Waller

KPMG and Citco Fund Services in the Netherlands Antilles have been dragged back into litigation concerning a failed British Virgin Islands-registered hedge fund called Dobbins Offshore Ltd.A new lawsuit was filed against KPMG and Citco at the U. S. District Court for the Northern District of Texas on July 11, 2007 - nearly 13 months after they were dismissed on jurisdictional grounds from a previous action at the same court.

The Receiver for a British Virgin Islands domiciled firm that operated as an unlicensed hedge fund filed four civil complaint in the United States during March in an attempt to recover nearly $7 million for victims.The complaints were all filed