Ian Stokoe

Weavering Macro Fixed Income Fund Ltd. v. BNP Paribas Securities Services: Consent Order

July 7, 2015

Consent Order in Ian Stokoe and David Walker, as Joint Official Liquidators of Weavering Macro Fixed Income Fund Limited v. BNP Paribas Securities Services at the Grand Court of the Cayman Islands.

DMS Offshore & officer Dawn Cummings face prospect of lawsuit over Axiom Legal Financing Fund fraud

February 14, 2015

The liquidator of the investment manager of Axiom Legal Financing Fund is preparing to sue Cayman-based hedge fund firm DMS Offshore Investment Services, one of its officers, Dawn Cummings, and the architect of the scam, Tim Schools. Ironically, Tangerine Investment Management's liquidator wants a litigation funding firm to finance it.

Cayman appeal court throws out $111 m award against Weavering’s ‘independent’ directors

February 12, 2015

The Court of Appeal of the Cayman Islands has thrown out a landmark US$111 million judgment against fraudulently-operated hedge fund Weavering Capital's two 'independent' directors, Stefan Peterson and Hans Ekstrom.

Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Litigation Funding Order

January 29, 2015

Order authorizing investigations into the availability of litigation funding in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.

19 more claw-back actions for $65 m filed in Cayman by Weavering liquidators

January 8, 2015

Nineteen more claw-back lawsuits seeking a combined US$65 m have been filed in the Cayman Islands by the liquidators of Weavering Macro Fixed Income Fund against banks, investment funds and other firms in Bermuda, Canada, Cayman, Curacao, France, Guernsey, Hong Kong, Ireland, Jersey, Luxembourg, Singapore, and Switzerland.

Weavering Fund liquidators file Cayman claw-back lawsuits against Swedish investors

January 1, 2015

The liquidators of Cayman Islands-domiciled Weavering Marco Fixed Income Fund Limited have filed lawsuits in an attempt to claw-back US$6.5 million in 'invalid redemptions' by five Swedish investors in the six months prior to liquidation.

Weavering Macro Fixed Income Fund Ltd. v. Bear Stearns Alternative Assets International Ltd.: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Bear Stearns Alternative Assets International Limited at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Fortis Prime Fund Solutions Bank (Ireland) Ltd. et al: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Fortis Prime Fund Solutions Bank (Ireland) Limited and Martello Nominees Limited (formerly known as Fortis Nominees (Guernsey) Limited) at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. SEB Private Bank SA: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. SEB Private Bank S.A. at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Plenum Securities AG: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Plenum Securities AG at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. HSH Nordbank Securities S.A.: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. HSH Nordbank Securities S.A. at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Citco Global Custody (N.A.) N.V.: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Citco Global Custody (N.A.) N.V. at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Deutsche Bank AG Singapore Branch et al: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Deutsche Bank AG Singapore Branch and Deutsche Bank Nominees (Jersey) Limited at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. RBC Dexia Investor Services Bank S.A.: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. RBC Dexia Investor Services Bank S.A. at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Kredietbank S.A. Luxembourgeoise: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Kredietbank S.A. Luxembourgeoise at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Royal Bank of Canada: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Royal Bank of Canada at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. BNP Paribas Securities Services: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. BNP Paribas Securities Services at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. UBS (Luxembourg) S.A. et al: Writ of Summons

December 31, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. UBS (Luxembourg) S.A., UBS Fund Services (Cayman) Ltd., and UBS Fund Services (Ireland) Ltd. at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Isaktor AB: Writ of Summons

December 17, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Isaktor AB at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Stiftelsen Langmanska Foretagarfonden: Writ of Summons

December 17, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Stiftelsen Langmanska Foretagarfonden at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Stiftelsen Norrbottenspress: Writ of Summons

December 17, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Stiftelsen Norrbottenspress at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Wassum Vardepappersaktiebolag AB: Writ of Summons

December 17, 2014

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Wassum Vardepappersaktiebolag AB at the Grand Court of the Cayman Islands.

Weavering Macro Fixed Income Fund Ltd. v. Skandinaviska Enskilda Banken AB: Writ of Summons

September 1, 2014

Writ of Summons in Ian Stokoe and David Walker, as Joint Official Liquidators of Weavering Macro Fixed Income Fund Limited v. Skandinaviska Enskilda Banken AB at the Grand Court of the Cayman Islands.

Hedge fund auditor Marcum sued for $25 m by Cayman liquidators

August 1, 2014

The Cayman Islands-based liquidators of a hedge fund group controlled by Long Island-based Corey Ribotsky that collapsed amid allegations of fraud are seeking damages of $25 million in a lawsuit against the funds' auditor, Marcum & Kliegman.

AJW Offshore Ltd. et al v. Marcus & Kliegman LLP et al: Complaint

July 22, 2014

Complaint in Ian Stokoe and David Walker, in their capacity as the Joint Official Liquidators of AJW Offshore Ltd., AJW Master Fund, Ltd., AJW Offshore II Ltd. and AJW Master Fund II, Ltd. v. Marcus & Kliegman LLP, Marcum & Kliegman (Cayman), and Marcum LLP at the New York State Supreme Court.

Suntech Power Holdings Co., Ltd.: Order Authorizing Lawsuit

July 9, 2014

Order authorizing lawsuit against Suntech Power Investment Pte. Ltd. In the Matter of Suntech Power Holdings Co., Ltd. (in provisional liquidation) at the Grand Court of the Cayman Islands.

DMS Management (USA) Inc. v. Steven J. Goodman: Complaint

June 5, 2014

Complaint in DMS Management (USA) Inc. v. Steven J. Goodman at the U. S. District Court for the Southern District of Florida.

Cayman court authorizes claw-back lawsuits against investors in Weavering Fund

April 18, 2014

The liquidators of Weavering Macro Fixed Income Fund have received permission from the Grand Court of the Cayman Islands to bring claw-back actions against certain investors.

Weavering Macro Fixed Income Fund Ltd.: Claw-Back Order

April 17, 2014

Order sanctioning claw-back actions In the Matter of Weavering Macro Fixed Income Fund Limited at the Grand Court of the Cayman Islands.

Christopher Nacson v. Suntech Power Holdings Co., Ltd.: Provisional Liquidation Order

November 7, 2013

Order for Appointment of Provisional Liquidators in Christopher Michael Nacson v. Suntech Power Holdings Co., Ltd. at the Grand Court of Cayman Islands.

Christopher Nacson v. Suntech Power Holdings Co., Ltd.: Winding Up Petition

November 5, 2013

Winding Up Petition in Christopher Michael Nacson v. Suntech Power Holdings Co., Ltd. at the Grand Court of the Cayman Islands.

Hadar Fund Ltd.: Reasons

August 13, 2013

Reasons In the Matter of Hadar Fund Ltd. at the Grand Court of the Cayman Islands.

Royal Bank of Scotland Plc v. Serena Ownership Ltd.: Winding-Up Order

August 5, 2013

Winding-Up Order in Royal Bank of Scotland Plc v. Serena Ownership Limited at the Grand Court of the Cayman Islands.

RBS seeks £80 m from Cayman firm associated with Robert Tchenguiz

July 14, 2013

Citing an unpaid debt of £80 million, London-based Royal Bank of Scotland Plc has petitioned to wind-up a Cayman Islands exempted company of which British entrepreneur Robert Tchenguiz is a director.

KBC Investments Cayman Islands V Ltd. v. Aramid Entertainment Fund Ltd.: Winding-Up Petition

July 10, 2013

Winding-Up Petition in KBC Investments Cayman Islands V Limited v. Aramid Entertainment Fund Limited at the Grand Court of the Cayman Islands.

Hadar Fund Ltd.: Petition

July 5, 2013

Petition In the Matter of Hadar Fund Ltd. at the Grand Court of the Cayman Islands.

Royal Bank of Scotland Plc v. Serena Ownership Ltd.: Winding Up Petition

July 4, 2013

Winding-Up Petition in Royal Bank of Scotland Plc v. Serena Ownership Limited at the Grand Court of the Cayman Islands.

Axiom Legal Financing Fund: Update on Receivership from Grant Thornton

April 29, 2013

Update by Grant Thornton on the Receivership of Axiom Legal Financing Fund.

Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Ruling

April 25, 2013

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

April 17, 2013

Order in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.

British attorney Steven Goodman claims he is owed £25M by now-defunct Tangerine Investment Management

April 13, 2013

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.

Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Winding-Up Order

April 4, 2013

Winding-Up Order in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.

Biodiesel (L) Limited v. Grencorp Ltd.: Petition

March 22, 2013

Petition in Biodiesel (L) Limited v. Grencorp Ltd. at the Grand Court of the Cayman Islands.

AJW Offshore, Ltd. et al v. Corey Ribotsky et al: Complaint

March 20, 2013

Complaint in Ian Stokoe and David Walker, as Joint Official Liquidators of AJW Offshore, Ltd., AJW Master Fund, Ltd., AJW Offshore II, Ltd., and AJW Master Fund II, Ltd., AJW Qualified Partners, LLC, AJW Qualified Partners II, LLC, AJW Partners, LLC, AJW Partners II, LLC, New Millennium Capital Partners II, LLC, and New Millennium Capital Partners III, LLC v. Corey Ribotsky, The N.I.R. Group LLC, First Street Manager II, LLC, AJW Manager, LLC and SMS Group, LLC at the New York State Supreme Court.

AJW Offshore, Ltd. et al v. E-Lionheart, LLC et al: Motion for Summary Judgment

March 13, 2013

Motion for Summary Judgment in Ian Stokoe and David Walker, as Joint Official Liquidators of AJW Offshore, Ltd., AJW Master Fund, Ltd., AJW Offshore II, Ltd., and AJW Master Fund II, Ltd., AJW Qualified Partners, LLC, AJW Qualified Partners II, LLC, AJW Partners, LLC, AJW Partners II, LLC, New Millennium Capital Partners II, LLC, and New Millennium Capital Partners III, LLC v. E-Lionheart, LLC, E-Lionheart Associates, LLC, Fairhills One, LLC, Fairhills Two, LLC, Fairhills Three, LLC, Fairhills Four, LLC, and Edward Bronson at New York State Supreme Court.

Novus International Investments Ltd. v. Tangerine Investment Management Ltd.: Winding Up Petition

February 12, 2013

Winding Up Petition in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.

Fortune Nest Corporation: Winding Up Order

February 5, 2013

Winding Up Order In the Matter of Fortune Nest Corporation at the Grand Court of the Cayman Islands.

AJW Offshore Ltd. et al: Chapter 15 Petition (Cayman Islands)

January 7, 2013

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Ian Stokoe and David Walker, as the Foreign Representatives of AJW Offshore Ltd., AJW Master Fund, Ltd., AJW Offshore II, Ltd., and AJW Master Fund II, Ltd., at the U. S. Bankruptcy Court for the Eastern District of New York.

Hugenroth Beteiligungs GmbH v. Agri.Capital: Winding-Up Petition

December 31, 2012

Winding-Up Petition in Hugenroth Beteiligungs GmbH v. Agri.Capital at the Grand Court of the Cayman Islands.

Weavering Fund liquidators sue auditors Ernst & Young

December 7, 2012

The Irish and Cayman Islands operations of Ernst & Young are being sued by the liquidators of Weavering Macro Fixed Income Fund Limited, which collapsed in 2009 and has an estimated insolvency of more than US$500 million.