Medley Capital LLC v. CK Pearl Fund, Ltd.: Originating Summons
Originating Summons in Medley Capital LLC v. CK Pearl Fund, Ltd. at the Grand Court of the Cayman Islands.
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.
Vault Global Opportunities LP et al v. Rothstein Kass & Co. et al: Complaint
Complaint filed by Vault Global Opportunities LP, Vault Global Opportunities Master Fund Ltd., and Vault Global Opportunities Offshore Ltd. against Rothstein Kass & Co. and JD Clark & Co. at New York State Supreme Court.
Colorado regulator takes action to close down ‘offshore’ bank
Colorado's banking regulator has taken legal action in an attempt to close down American International Depository & Trust, which bills itself as the “first Old-World International Private Bank in the United States”.
AIDT is defending the action at Colorado's Office of Administrative Courts and has obtained an order sealing the case in an attempt to limit the damage to its business.
Hedge fund group receives Cayman license, seeks to profit from penny stocks
An offshore hedge fund has been set up by a group with an eye-popping record of profiting from trades in penny stocks whose issuers have collectively lost more than $1.2 billion.
Cornell Capital Partners Offshore Ltd. was licensed as a mutual fund by the Cayman Islands Monetary Authority on July 1, 2003.