Direct Lending

Order for the Court's sanction to enter into a settlement agreement with Deloitte & Touche LLP and others in the matter of Direct Lending Income Feeder Fund Ltd. (in Voluntary Liquidation)at the Grand Court of the Cayman Islands.

Complaint "for breaches of two different guaranties to two different Receivership Entities that lent hundreds of millions of dollars to companies controlled by Peter Baer" by Bradley C. Sharp, at Receive for Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., of the Cayman Islands; DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC v. Christina Baer, as Personal Representative of the Estate of Peter Baer and as Trustee of the Baer Living Trust URD 5/10/95, at the U. S. District Court for the Central District of California.

Complaint in Bradley D. Sharp, as the Permanent Receiver for the Estate of Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC, which are domiciled in California, Cayman Islands, Delaware, and Nevada v. The Strawberry Peak Trust, of Hungary, and Primus Trust Corporation, of Hungary, as Trustee for The Strawberry Peak Trust, at the U. S. District Court for the Central District of California.

Complaint alleging "a spectacular multi-year fraud" by Direct Lending Income Fund LP in Bradley D. Sharp, as the Permanent Receiver for the Estate of Direct Lending Income Fund LP v. EisnerAmper LLP at the Supreme Court of the State of New York, County of New York.

Complaint to avoid a "fraudulent transfer" of $166 million regarding an allegedly fraudulent investment schemes involving, inter alia, funds in the Cayman Islands, Delaware, and Nevada in Bradley D. Sharp, as the Permanent Receiver for the Estate of Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC and their successors, subsidiaries and affiliated entities v. Shinhan Bank Co. Ltd., Kookmin Bank Co. Ltd., Korea Securities Finance Corporation, Goldenbridge Asset Management Co. Ltd., JB Asset Management Co., Ltd., Korea Alternative Investment Asset Management Corporation, all of South Korea, and 33 Fund Defendants at the U. S. District Court for the Central District of California.

Complaint to avoid a "fraudulent transfer" of $49.7 million regarding an allegedly fraudulent investment schemes involving, inter alia, funds in the Cayman Islands, Delaware, and Nevada in Bradley D. Sharp, as the Permanent Receiver for the Estate of Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC and their successors, subsidiaries and affiliated entities v. Daishin Securities Co. Ltd., of South Korea, at the U. S. District Court for the Central District of California.

Complaint alleging professional negligence, gross negligence, aiding and abetting breach of fiduciary duty, negligent misrepresentation, and breach of contract in Bradley Sharp, as the Permanent Receiver for the Estate of Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC and their Successors, Subsidiaries, and Affiliated Entities, and Bradley Sharp and Christopher Johnson, as Joint Official Liquidators of Direct Lending Income Feeder Fund Ltd. (in Official Liquidation), of the Cayman Islands v. Duff & Phelps LLC at the Supreme Court of the State of New York, County of New York.

Complaint for damages of $13 million alleging breach of contract and unjust enrichment in Timothy Yoo, Chapter 7 Trustee of VoIP Guardian Partners I LLC, described as "a telecom factor financier" v. Wavecrest (UK) Ltd., of the United Kingdom; Interstach GmbH, Ewa Barbara Madraszek, Plus Ama Plus AG, Thangarajah Gunabalsinkam, all of Germany, and VoIP Guardian Partners II LLC, of Delaware, at the U. S. District Court for the Central District of California.

Complaint for damages of at least $172 million alleging fraudulent transfers, breach of fiduciary duty, and unjust enrichment in VoIP Guardian Partners I LLC, described as "a telecom factoring company" v. VoIP Guardian LLC, of Delaware; Rodney Omanoff, of California; Omanoff America LLC, of Delaware; Omanoff America Telecom LLC, of Delaware; Contacts & Contracts Inc., of Delaware; Mudmonth LLC, of Nevada; Philipson International LLC, of Delaware; Richard Omanoff, Owl America Inc., of Delaware; Mark Proto, of California; Joseph Rahman, of New Jersey; Youssef Rahman, Zoom Telecom Inc., of Nevada; John O. Philipson, of California; DealDefenders LLC, of Delaware; Ikarim Business Services Ltd., of the United Kingdom; I Karim Business Services LLC, of Delaware; IKB Services Ltd., of the United Kingdom; IKBS LLC, of Delaware; Mohammed Shakeel Mughal, of England; Najd Technologies Limited, of Dubai; Indigo11 Services Limited, of the United Kingdom; Indigo 11 Services LLC, of Delaware; Nazmul Hoque, of England; Telacme Limited, of Hong Kong; Balaji Mahadevan, of India; Colin Bernard Eccles, of Ireland; LtdTel SL, of Spain; Inter-Switch Ltd., of Hong Kong; Vineet Singh Notwal, of Hong Kong; Shirley Sabia Therese van Kerkhove, of Hong Kong; Arco Telecom Limited, of Gibraltar; Tee Telecommunications Inc., of New Jersey; 2365 Azure LLC, of Florida, and Tarek Katis, of New Jersey, at the U. S. District Court for the Central District of California.

Complaint "for negligent misrepresentation, aiding and abetting fraud, and aiding and abetting breach of fiduciary duty against Duff & Phelps for enabling a massive fraud orchestrated by Brendan Ross through a $789 million private investment fund structure managed by Direct Lending Investments, LLC" in Atkins Investment Partnership et al v. Duff & Phelps LLC at the U. S. District Court for the Central District of California.

Complaint "by more than 130 Plaintiffs who collectively invested over $103 million in Direct Lending Income Fund, L.P., a limited partnership managed and controlled by Direct Lending Investments, LLC and its owner and CEO, Brendan Ross" that "turned out to be a $789 million dollar Ponzi scheme" in Atkins Investment Partnership v. EisnerAmper LLP at the U. S. District Court for the Northern District of California.

Complaint alleging professional negligence, gross negligence, aiding and abetting breach of fiduciary duty, negligent misrepresentation, and breach of contract "for its multiple failures to accurately value the investments" regarding an alleged fraud by Brendan Ross in Bradley C. Sharp, as the Permanent Receiver for the Estate of Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC and their successors, subsidiaries, and affiliated entities, and Bradley D. Sharp and Christopher D. Johnson, as Joint Official Liquidators of Direct Lending Income Feeder Fund Ltd. (in Official Liquidation), of the Cayman Islands v. Duff & Phelps LLC, described as a Delaware company based in New York, at the U. S. District Court for the Central District of California.

Petition for Court Supervision of a Voluntary Liquidation in the matter of Direct Lending Income Feeder Fund Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Judgment in U. S. Securities and Exchange Commission v. Direct Lending Investments LLC at the U. S. District Court for the Central District of California.

Complaint alleging fraud in U. S. Securities and Exchange Commission v. Direct Lending Investments LLC at the U. S. District Court for the Central District of California.