Saadgroup Financial Services Company Ltd.: Petition
Petition In the Matter of Saadgroup Financial Services Company Limited at the Grand Court of the Cayman Islands.
Saad International Bank Ltd.: Petition
Petition In the Matter of Saad International Bank Limited at the Grand Court of the Cayman Islands.
Axiom founder Timothy Schools received £81 m of £108 m swindled from investors, claim Receivers
British attorney Timothy Schools and entities he wholly or partly beneficially owned received £81 million of the £108 million that was swindled from investors in Cayman Islands-domiciled Axiom Legal Financing Fund, the Fund's Receivers have claimed in an amended complaint filed at the High Court in London.
Fletcher International, Ltd.: Amended Trustee’s Report and Disclosure Statement
Amended Trustee's Report and Disclosure Statement In the Matter of Fletcher International, Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.
FIA Leveraged Fund: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Robin McMahon and Roy Bailey, as the Foreign Representatives of FIA Leveraged Fund (in liquidation), at the U. S. Bankruptcy Court for the Southern District of New York.
Liechtenstein insurer and London broker to be sued by Axiom Receivers
The Receivers of Axiom Legal Financing Fund are to sue Liechtenstein-licensed insurer Gable Insurance AG and London-based broker Legal Expense Solutions Limited as part of their attempt to recover assets for investors who were swindled out of more than £100 million.
Blue Star Fund: Remuneration Order
Remuneration Order In the Matter of Blue Star Fund at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund: Order Sanctioning Legal Actions
Order Sanctioning Legal Actions In the Matter of Axiom Legal Financing Fund at the Grand Court of the Cayman Islands.
Focus Management Inc.: Order Authorizing Bahamas Litigation
Order authorizing legal action in the Bahamas and payment of liquidators' fees and expenses In the Matter of Focus Management Inc. at the Grand Court of the Cayman Islands.
Citco Group implicated in alleged Fletcher International hedge fund fraud
Not for the first time, hedge fund service provider Citco has been accused of helping a client defraud investors in an offshore hedge fund and then failing to co-operate with investigators. The latest incident involves Bermuda-domiciled Fletcher International Ltd. and its Cayman feeder funds.
Fletcher International Ltd.: Trustee’s Report
Trustee's Report In re. Fletcher International Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.
Elfar Adalsteinsson v. Oscatello Investments Ltd.: Originating Application
Originating Application in Elfar Adalsteinsson, as representative party for the investors, v. Oscatello Investments Limited (in liquidation) at the British Virgin Islands High Court.
Marex Financial Ltd. v. Cosmorex Ltd.: Originating Application
Originating Application in Marex Financial Limited v. Cosmorex Limited at the British Virgin Islands High Court.
Marex Financial Ltd. v. Creative Finance Ltd.: Originating Application
Originating Application in Marex Financial Limited v. Creative Finance Limited at the British Virgin Islands High Court.
Insolvent Axiom borrower transferred £3.2 m to Switzerland as Fund collapsed
New details have emerged of apparent asset-stripping by an insolvent British law firm - Rohrer & Co Limited - that owes Cayman Islands-domiciled Axiom Legal Financing Fund £8.3 million.
Cayman judge sanctions Axiom Receivers to take action in Canada, Isle of Man and Switzerland
A Cayman Islands judge has authorized the Receivers of Axiom Legal Financing Fund to take legal action in Canada, the Isle of Man, and Switzerland in an attempt to recover assets for investors, including an application to remove Andrew Andronikou as administrator of British law firm Rohrer & Co.
Axiom Legal Financing Fund: Order Sanctioning Actions
Order sanctioning actions by the Receivers In the Matter of Axiom Legal Financing Fund at the Grand Court of the Cayman Islands.
British legal regulator takes over Axiom borrower for ‘suspected dishonesty’
A law firm that borrowed at least £8.9 million from Axiom Legal Financing Fund was taken over and closed down today by Britain's Solicitors Regulation Authority, which stated that "there is reason to suspect dishonesty".
London High Court freezes assets of Timothy Schools over Axiom investment fraud
The assets of British attorney Timothy Schools and related parties have been frozen in England by the receivers of Cayman-domiciled Axiom Legal Financing Fund, who are also suing them for £110 million, alleging misappropriation of investors' funds.
ICP Structured Credit Income Fund Ltd.: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Hugh Dickson and Stephen Akers, as the Foreign Representatives of ICP Structured Credit Income Fund Ltd. and ICP Strategic Credit Income Master Fund Ltd., at the U. S. Bankruptcy Petition for the Southern District of New York.
Telecom Holding Co. Ltd. v. TA Orient Telecom Investment Co. Ltd.: Originating Application
Originating Application in Telecom Holding Co. Ltd. v. TA Orient Telecom Investment Co. Ltd. at the British Virgin Islands High Court.
Taylor Moor ‘victim’ of Axiom Legal Financing Fund, says boss
Taylor Moor Ltd., which received commissions of more than £1.8 million from distributing Axiom Legal Financing Fund before going into liquidation last month, did not ultimately benefit from the Fund and is a "victim", says the firm's Managing Director, Malcolm Dixon.Â
Axiom Legal Financing Fund: Receivers’ First Report
First Report to investors from Receivers of Axiom Legal Financing Fund, June 27, 2013.
Knight Pacific Fund Ltd. v. Knight Asia Holdings Ltd.: Orginating Application
Originating Application in Knight Pacific Fund Limited v. Knight Asia Holdings Limited at the British Virgin Islands High Court.
Firefighters’ Retirement System et al v. Citco Group Limited et al: Notice of Removal
Notice of Removal, including copy of complaint, in Firefighters' Retirement System, Municipal Employees' Retirement System of Louisiana, and New Orleans Firefighters' Pension & Relief Fund v. Citco Group Limited, Citco Fund Services (Cayman Islands) Limited, Citco Fund Services (Bermuda) Limited, Citco Fund Services (Suisse) S.A., Citco Fund Services (Europe) B.V., Citco Global Custody N.V., Citco (Canada) Inc., Citco Bank Nederland N.V. Dublin Branch, Citco Banking Corporation N.V., Citco Curacao N.V., Citco (USA) Holdings Inc., Citco Fund Services (SA) Inc., Citco Technology Management, Inc.,  Fletcher Asset Management, Inc., Alphonse 'Buddy' Fletcher, Jr., Denis Kiely, Duhallow Financial Services, LLC, Lisa Alexander, Peter M. Zayfert, Consulting Group Services, LLC, Joe Meals, Grant Thornton International Ltd., and Skadden, Arps, Meagher & Flom, LLP at the U. S. District Court for the Middle District of Louisiana.
British law firm owes Axiom Legal Financing Fund £61M, says administrator
Insolvent Ashton Fox Solicitors owes failed Cayman Islands-domiciled Axiom Legal Financing Fund "approximately £60.8 m" but that is only an estimate "due to the paucity of the Company's accounting records", reported the law firm's joint administrator on May 15.
Axiom Legal Financing Feeder Fund: First Report of Receivers
First Report of Receivers regarding Axiom Legal Financing Feeder Fund.
Axiom Legal Financing Master Fund: First Report of Receivers
First Report of Receivers Grant Thornton regarding Axiom Legal Financing Master Fund.
GL Asia Mauritius II Cayman Ltd. v. Pinfold Overseas Ltd.: Originating Application
Originating Application in GL Asia Mauritius II Cayman Ltd. v. Pinfold Overseas Limited at the British Virgin Islands High Court.
Weavering Macro Fixed Income Fund Ltd. v. Ernst & Young: Writ of Summons
Writ of Summons in Weavering Macro Fixed Income Fund Limited (in Official Liquidation) v. Ernst & Young Chartered Accountants (Dublin), Ernst & Young Ltd. (Cayman Islands), and Ernst & Young (Cayman Islands) at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund: Update on Receivership from Grant Thornton
Update by Grant Thornton on the Receivership of Axiom Legal Financing Fund.
Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Ruling
Ruling in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.
Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Order
Order in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.
Petters Company Inc. et al v. BVI Registrar of Corporate Affairs: Originating Application
Originating Application in Douglas A. Kelley, As Chapter 11 Trustee for Petters Company Inc et al, v. British Virgin Islands Registrar of Corporate Affairs at the British Virgin Islands High Court.
Axiom Legal Financing Fund: Ruling on Powers of Receivers
Ruling on the status, duties and powers of the Receivers In the Matter of Axiom Legal Financing Fund at the Grand Court of the Cayman Islands.
British attorney Steven Goodman claims he is owed £25M by now-defunct Tangerine Investment Management
British attorney Steven Goodman, who is associated with insiders of the fraudulently-operated Axiom Legal Financing Fund, claims to be owed £25.7 million by the insolvent Fund's former investment manager.
Fulcrum Distressed Partners (BVI) Ltd. v. Liquidators of Ark Discovery Fund (Offshore) Ltd.: Originating Application
Originating Application in Fulcrum Distressed Partners (BVI) Limited v. Mark McDonald and Hugh Dickson, as Liquidators of Ark Discovery Fund (Offshore) Limited, at the British Virgin Islands High Court.
Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Winding-Up Order
Winding-Up Order in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.
Cayman judge upgrades powers of Axiom Fund’s Receivers, asks England’s High Court for assistance
The Grand Court of the Cayman Islands has granted the Receivers of Axiom Legal Financing Fund the same powers as liquidators and, separately, asked the High Court of Justice in England and Wales - where much of the Fund's activity occurred - to recognize the receivership.
Axiom Legal Financing Fund: Letter of Request
Letter of Request In the Matter of JP SPC 1, a.k.a. Axiom Legal Financing Fund, at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund: Order on Powers of Receivers
Order on Powers of Receivers In the Matter of JP SPC 1, a.k.a. Axiom Legal Financing Fund, at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund Master SP: Order on Powers of Receivers
Order on Powers of Receivers In the Matter of JP SPC 4, a.k.a. Axiom Legal Financing Fund Master SP, at the Grand Court of the Cayman Islands.
Cayman judge puts Axiom Legal Financial Fund into Receivership
Axiom Legal Financing Fund was placed into receivership today by Justice Angus Foster, sitting at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund: Receivership Order
Receivership Order in Graham Hampson and Ronan Guilfoyle In the Matter of Axiom Legal Financing Fund at the Grand Court of the Cayman Islands.
Axiom Legal Financing Fund Master SP: Receivership Order
Receivership Order in Ronan Guilfoyle and Graham Hampson v. Axiom Legal Financing Fund Master SP at the Grand Court of the Cayman Islands.
Hearing set for next Tuesday in Axiom Legal Financing Fund court case
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.
Inteco Beteiligungs AG v. Sylmord Trade Inc.: Originating Application
Originating Application in Inteco Beteiligungs AG v. Sylmord Trade Inc. at the British Virgin Islands High Court.
Sberbank of Russia v. Whilm Management Limited: Originating Application
Originating Application in Sberbank of Russia v. Whilm Management Limited at the British Virgin Islands High Court.
Cayman judge reserves judgment in Axiom Legal Financing Fund receivership case
After hearing two days of evidence, Justice Angus Foster today reserved judgment on whether Axiom Legal Financing Fund should be placed into Receivership, as the directors and certain investors want, or should be allowed to continue under new management, which is being sought by a British group associated with the Fund's former principal, fraudster Timothy Schools.
Isle of Man FSC v. Louis Group Structured Fund PLC et al: Judgment
Judgment in Isle of Man Financial Supervision Commission v. Louis Group Structured Fund PLC, Louis Group Structured Capital Limited, LG SP Investments Ltd., Louis Group International (Europe) Limited, Louis Group SLN Limited, Louis Group (IOM) Limited and Louis Asset Management SA at the Isle of Man High Court.
