Polaris Financial Investments S.A.: Offering Memorandum (Luxembourg)
Offering Memorandum for Polaris Financial Investments S.A., of Luxembourg.
Veranova Bidco LP v. Ernst & Young LLP: Discovery Application (England)
Application by Veranova Bidco LP, described as "a pharmaceutical company that specializes in manufacturing complex active pharmaceutical ingredients", to take discovery from Ernst & Young LLP for use in legal proceedings in the United Kingdom "filed by Veranova against Johnson Matthey PLC, Johnson Matthey Investments Limited, and Johnson Matthey Incorporated", filed at the U.S. District Court for the Southern District of New York.
Sayantani Ghose v. Ernst and Young LLP: Complaint (‘Whistleblower Retaliation’)
Complaint alleging whistleblower retaliation in Sayantani Ghose, described as someone who "contributed enormously to Ernst & Young, LLP for 15 years, moved up the ranks to partner and became an internationally known expert in transfer pricing, only to have her career at EY end because she refused to sign off on transactions that she believed violated tax and securities laws" v. Ernst & Young LLP, described as a Delaware "audit firm" based in New York, at the U.S. District Court for the Southern District of New York.
SPS Corp I v. General Motors et al: Discovery Application
Application by SPS Corp I - Fundo de Investimento em Direitos Creditórios Não Padronizados, described as "a Brazilian entity that purchased the IPI tax indemnification rights of 35 car dealerships in Brazil", to take discovery from General Motors Co., Deloitte & Touche LLP, and Ernst & Young LLP for use in "pending and contemplated Brazilian legal proceedings against GM’s wholly owned subsidiary, General Motors do Brasil LTDA., for monies that GM Brazil owes the Applicant in connection with a three-decade-long tax dispute between GM Brazil and the Brazilian federal government for tax credits paid by several GM car dealerships in Brazil", filed at the U. S. District Court for the District of Delaware.
Indospec Energy Limau Ltd.: Originating Application
Originating Application by Roy Bailey and Igal Wizman, as Joint Liquidators of Indospec Energy Limau Ltd. (in Liquidation) at the British Virgin Islands High Court.
China Oil Gangran Energy Group Holdings Ltd.: ‘Scheme of Arrangement’ Petition
Petition for Court sanction of a Scheme of Arrangement in the matter of China Oil Gangran Energy Group Holdings Limited (in Provisional Liquidation), described as "an investment holding company of a group of subsidiaries which are principally located in Hong Kong, the People's Republic of China, and the British Virgin Islands", at the Grand Court of the Cayman Islands.
Mancera SC, et al: $1.6M Penalty & Bans
Administrative Order by the U. S. Securities and Exchange Commission imposing a financial penalty of $1,589,926 on Mancera SC, described as "the Mexican member firm of Ernst & Young Global", and bans on accountants Alejandro Valdez Mendoza, CP and Angel Radames Corral Nieblas, CP, both citizens of Mexico, for regulatory breaches regarding Desarrolladora Homex, SAB de CV, which was described as a construction firm that "engaged in a massive fraudulent accounting scheme over at least a three-year period" and whose shares were listed on the Mexican Stock Exchange and New York Stock Exchange.
Foreign Insolvency Practitioners & The US SEC: How To Avoid Pitfalls & Cooperate Successfully
A practical guide for foreign insolvency practitioners to cooperate successfully with the Securities and Exchange Commission so that time and money is not wasted to the detriment of fraud victims […]
UrtheCast Corp. et al: Chapter 15 Petition
Chapter 15 Petition for Recognition of Foreign Main Proceedings in Canada by Sai Chu, of Ernst & Young, as the Foreign Representative of UrtheCast Corp., of Canada, "a technology company developing world-first technologies in data services, geo-analytics, machine learning and artificial intelligence" whose shares are listed on the Toronto Stock Exchange; Geosys-Int'l Inc., of Delaware; Geosys Australia Pty., of Australia; Geosys Europe SARL, of Switzerland; Geosys S.A.S., of France; Geosys do Brasil Sistemas de Informacao Agriocola Ltda, of Brazil, and Deimos Imaging S.L.U., of Spain, at the U. S. Bankruptcy Court for the District of Minnesota.
Yingli Energy (China) Company Ltd. v. Yingli Green Energy Holding Company Ltd.: Winding Up Petition
Winding Up Petition alleging insolvency in Yingli Energy (China) Company Limited, of China v. Yingli Green Energy Holding Company Limited, a.k.a. Yingli Solar, of the Cayman Islands, at the Grand Court of the Cayman Islands.
Sandra Holding Ltd. v. Universal Enterprises Ltd.: Winding Up Order
Winding Up Order in Sandra Holding Ltd. v. Universal Enterprises Ltd. at the Grand Court of the Cayman Islands.
Acronagrotrans Ltd.: Liquidation Application
Originating Application in the matter of Acronagrotrans Ltd. at the British Virgin Islands High Court.
Long Xiang Enterprises Ltd.: Liquidation Application
Originating Application in the matter of Long Xiang Enterprises Limited at the British Virgin Islands High Court.
Ming Xin Developments Ltd.: Liquidation Application
Originating Application in the matter of Ming Xin Developments Limited, which is part of a group with subsidiaries in Bermuda, the British Virgin Islands, China, and Hong Kong, at the British Virgin Islands High Court.
Jeremy Beck et al v. MV Advisory Ltd.: Winding Up Petition
Winding Up Petition involving Margaritaville Beach Resort and Spa in Jeremy Beck, Emile van den Bol, Chris van den Bol, Lorraine Cona, iDream International Development Real Estate Asset Manager Ltd., Parham Cayman Properties Ltd., Sre-Supre Real Estate Ltd., Perpetual Breezes Ltd., Christopher Kearney, Grace Kearney, all of the Cayman Islands; Meryl Robertson, Jeffrey Saltiel, both of New York, NY, and Gabriel Schwartz, of Denver, CO v. MV Advisory Ltd. at the Grand Court of the Cayman Islands.
Eternity Sky Investments Ltd. v. Chong Sing Holdings FinTech Group Ltd.: Winding Up Petition
Winding Up Petition in Eternity Sky Investments Limited, of the British Virgin Islands v. Chong Sing Holdings FinTech Group Limited at the Grand Court of the Cayman Islands.
Peraso Technologies Inc.: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Brian Denega, of Ernst & Young, as the Foreign Representative of Peraso Technologies Inc., at the U. S. Bankruptcy Court for the Southern District of New York.
Elko Broadband Ltd. v. HaiderMota BNR et al: Notice of Removal
Notice of Removal, including a copy of the complaint alleging professional malpractice regarding a proposed transaction involving Warid Telecom International, of the United Arab Emirates, in Elko Broadband Ltd., of Reno, Nevada v. HaiderMota BNR, described as a law firm in Pakistan, and A.F. Ferguson & Company, described as an accounting firm in Pakistan, at the U. S. District Court for the District of Nevada.
Artex Risk Solutions (Malta) Ltd.: Fine
Announcement by the Malta Financial Services Authority that it has imposed a fine of €25,700 against Artex Risk Solutions (Malta) Limited for failure "to submit the audited financial statements within the regulatory deadline". Editor's Note: Research by OffshoreAlert showed that, in filings with the Malta Business Registry, Artex Risk Solutions (Malta) Limited identifies its directors as Evander Borg, of Malta; Stuart Ciappara, of Malta; Nicholas Peter Heys, of Guernsey, and Martin Thomas Le Pelley, of Guernsey; its shareholders as Artex Risk Solutions (Guernsey) Limited and Artex Risk Solutions (Holdings) Limited, both of Guernsey, and its auditor as Ernst & Young Malta Limited.
Osprey Insurance Brokers Co. Ltd.: Fine
Announcement by the Malta Financial Services Authority that it has imposed a fine of €29,675 against Osprey Insurance Brokers Co. Limited for failure "to submit the audited financial statements within the regulatory deadline". Editor's Note: Research by OffshoreAlert showed that, in filings with the Malta Business Registry, Osprey Insurance Brokers Co. Limited identifies its directors as Martin Azzopardi, Suzanne Marie Chambers, Stuart Ciappara, all of Malta, and Martin Thomas Le Pelley, of Guernsey; its sole shareholder as Artex Holdings (Malta) Limited, and its auditor as Ernst & Young Malta Limited.
BOS Solutions Ltd. et al: Chapter 15 Petition (Canada)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Peter Chisholm, of Ernst & Young, as the Foreign Representative of BOS Solutions Ltd., BOS Solutions Inc., BOS Lease Co. LLC, BOS Solutions Real Estate Inc., and BOS USHoldCo Inc., at the U. S. Bankruptcy Court for the Southern District of Texas.
Robin Stein v. Abacare Group Ltd.: Liquidation Application
Originating Application in Robin Stein v. Abacare Group Limited at the British Virgin Islands High Court.
Sandra Holding Ltd. v. Universal Enterprises Ltd.: Winding Up Petition
Winding Up Petition alleging fraud in Sandra Holding Ltd. v. Universal Enterprises Ltd., described as being owned by six brothers who are all citizens of Kuwait, at the Grand Court of the Cayman Islands.
Tianrui (International) Holding Company Ltd. v. China Shanshui Cement Group Ltd.: Judgment
Judgment regarding applications to strike out a winding-up petition for abuse of process in Tianrui (International) Holding Company Limited, of the British Virgin Islands v. China Shanshui Cement Group Limited, a Cayman Islands-domiciled, Hong Kong-based company whose shares are listed on the Hong Kong Stock Exchange, at the Grand Court of the Cayman Islands.
Banque Pictet & Cie SA v. TCA Global Credit Fund Ltd.: Winding Up Petition
Winding Up Petition in Banque Pictet & Cie SA, of Switzerland, described as a creditor that is owed $11.6 million v. TCA Global Credit Fund Ltd. at the Grand Court of the Cayman Islands.
George’s Bay Ltd.: Chapter 15 Petition (Bermuda)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Keiran Hutchison and Chris Maiato, both of Ernst & Young Ltd., as the Foreign Representatives of George's Bay Limited, at the U. S. Bankruptcy Court for the Southern District of New York.
Nickel Resources International Holdings Company Ltd.: Winding Up Petition
Winding Up Petition in the matter of Nickel Resources International Holdings Company Limited at the Grand Court of the Cayman Islands.
Spectra Premium Industries Inc. et al: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Eric St-Amour, of Ernst & Young, as the Foreign Representative of Spectra Premium Industries Inc., Spectra Premium Holdings (USA) Corp., Spectra Premium (USA) Corp., and Spectra Premium Properties (USA) Corp., at the U. S. Bankruptcy Court for the District of Delaware.
Olinda Star Ltd.: Chapter 15 Petition (British Virgin Islands, 2020)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Eleanor Fisher, as the Foreign Representative of Olinda Star Ltd. (in Provisional Liquidation), whose "operational management team is based in Brazil, its treasury function is located in Panama, and its sole director resides in the Cayman Islands", at the U. S. Bankruptcy Court for the Southern District of New York.
Securities Commission of the Bahamas v. MintBroker International Ltd.: Winding Up Petition
Winding Up Petition in Securities Commission of the Bahamas v. MintBroker International Ltd., formerly Swiss America Securities Ltd., trading as Sure Trader, at Bahamas Supreme Court.
Oak Trust (Guernsey) Ltd. et al v. William Dewsall: Amended Defense
Amended Defense by William Dewsall in a dispute involving Gable Holdings Inc., of the Cayman Islands, and Gable Insurance AG, of Liechtenstein, in Kevin Robert Alcock, of Surrey, England; Oak Trust (Guernsey) Limited, of Guernsey; Baytree Group Holdings Limited, Morvale Company Limited, and Aggaris Investments Limited, all of the British Virgin Islands; Christopher Lister Lawrance, of South Africa; Corita Clare Metelerkamp, of Surrey, England; Roy Duncombe Campbell, of South Africa, and CriSeren Investments Limited, of Wales v. William Dewsall, of London, England, at the High Court for England and Wales.
Alam Rightway Ltd.: ‘Court Supervision’ Petition
Petition for Court supervision of a Voluntary Liquidation in the matter of Alam Rightway Limited at the Grand Court of the Cayman Islands.
China Oil Gangran Energy Group Holdings Ltd.: Winding Up Petition
Winding Up Petition in the matter of China Oil Gangran Energy Group Holdings Limited , described as "an investment holding company" with subsidiaries in Hong Kong, China, and the British Virgin Islands, at the Grand Court of the Cayman Islands.
Elko Broadband Ltd. v. Dhabi Holdings PJSC et al: Removal Petition
Petition for Removal, including a copy of a complaint alleging securities fraud, in Elko Broadband Ltd., of Nevada v. Dhabi Holdings PJSC, of Abu Dhabi, UAE; Warid Telecom International LLC, of Abu Dhabi, UAE; Dominique Russo, "a United States Citizen who is a resident of the UAE", and Wateen Telecom Limited, of Pakistan, at the U. S. District Court for the District of Nevada.
MKM Longboat Multi-Strategy Fund Ltd.: Petition
Petition in the matter of MKM Longboat Multi-Strategy Fund Limited (Dissolved) at the Grand Court of the Cayman Islands.
Access Advantage Master Ltd. v. Alpha Prime Fund Ltd.: Complaint
Complaint regarding $30 million invested in a fraudulent scheme by Bernard Madoff in Access Advantage Master Ltd., domiciled in the British Virgin Islands, based in Corte Madera, California v. Alpha Prime Fund Ltd., of Bermuda, at the Supreme Court of the State of New York, County of New York.
Oak Trust (Guernsey) Ltd. et al v. William Dewsall: Dewsall Defense
Defense by William Dewsall in a dispute involving Gable Holdings Inc., of the Cayman Islands, and Gable Insurance AG, of Liechtenstein, in Kevin Robert Alcock, of Surrey, England; Oak Trust (Guernsey) Limited, of Guernsey; Baytree Group Holdings Limited, Morvale Company Limited, and Aggaris Investments Limited, all of the British Virgin Islands; Christopher Lister Lawrance, of South Africa; Corita Clare Metelerkamp, of Surrey, England; Roy Duncombe Campbell, of South Africa, and CriSeren Investments Limited, of Wales v. William Dewsall, of London, England, at the High Court for England and Wales.
Alpha Giant Ltd.: Liquidation Application
Originating Application to appoint liquidators in the British Virgin Islands and Hong Kong regarding a debt owed to Catchy Fame Limited, of the Seychelles, in the matter of Alpha Giant Limited, of the British Virgin Islands, at the British Virgin Islands High Court.
Mundo Media Ltd. et al: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Ernst & Young, as the Foreign Representative of Mundo Media Ltd., 2538853 Ontario Ltd., M Zone Marketing Inc., and AppThis Holdings, Inc., at the U. S. Bankruptcy Court for the District of Delaware.
Caledonian Bank Ltd.: Status Report – May 31, 2019
Status Report in the matter of Caledonian Bank Limited, of the Cayman Islands, at the U. S. Bankruptcy Court for the Southern District of New York.
GF GTEC Funds SPC v. GTEC Pandion Multi-Strategy Fund SP: Receivership Petition
Petition in GF GTEC Funds SPC v. GTEC Pandion Multi-Strategy Fund SP at the Grand Court of the Cayman Islands.
Kodiak Services USA, Inc. et al: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Dan McCulloch, as the Foreign Representative of Kodiak Services USA, Inc., Kodiak Services Partnership, Kodiak Wireline Services Ltd., Kodiak Energy Solutions Ltd., Kodiak Tools Ltd., and 1623360 Alberta Ltd., at the U. S. Bankruptcy Court for the Western District of Texas.
Northern and Western Insurance Company Ltd. v. BSG Valentine: Complaint
Claim Form and Particulars of Claim for breach of contract, negligence, breach of fiduciary duty, and dishonest assistance in Northern and Western Insurance Company Limited (in Liquidation), of Nevis, represented by its Joint Liquidators, Keiran Hutchison and Roy Bailey, of the British Virgin Islands v. BSG Valentine, an accounting firm in London, at the High Court of Justice for England and Wales.
Novum Bank Ltd.: €80K Fine
Public Notice by Malta Financial Services Authority that it imposed a fine of €80,500 on Novum Bank Limited for regulatory breaches.
HiTs Africa Ltd.: Chapter 15 Petition (Cayman Islands)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Claire Loebell and Keiran Hutchison, as the Foreign Representatives of HiTs Africa Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.
Satabank Plc: Regulatory Appointment
Public Notice concerning Satabank Plc by Malta Financial Services Authority.
PPC Limited: Petition
Petition by Keiran Hutchison, Colin Dempster, and Gavin Yuill, as joint voluntary liquidators of PPC Limited In the Matter of PPC Limited at the Grand Court of the Cayman Islands.
Alcazar Capital Ltd. et al v. ACL ASEAN Tower Holdco Ltd.: Winding Up Petition
Winding Up Petition in Alcazar Capital Limited, of Dubai, and Forest Capital Holdings Limited, of the British Virgin Islands, v. ACL ASEAN Tower Holdco Limited at the Grand Court of the Cayman Islands.
Beechwood Re Ltd. et al v. Egan-Jones Ratings Company: Petition to Enforce Arbitration Summonses
Petition to Enforce Arbitration Summonses in Bankers Conseco Life Insurance Company, Washington National Insurance Company, and Beechwood Re Ltd. v. Egan-Jones Ratings Company at the U. S. District Court for the Eastern District of Pennsylvania.
Schletter GmbH: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Germany by Oliver Renzow, as the Foreign Representative of Schletter GmbH, at the U. S. Bankruptcy Court for the Western District of North Carolina.