St. John’s Trust Company

St. John’s Trust Company (PVT) Ltd.: Appointment of Liquidators

August 8, 2023

Public Notice that Mathew Clingerman, of Kroll, and Andrew Childe and Richard Lewis, both of FFP, have been appointed as Joint Liquidators of St. John's Trust Company (PVT) Limited at Bermuda Supreme Court.

St. John’s Trust Company (PVT) Ltd.: Winding Up Petition

July 22, 2022

Winding Up Petition in the matter of St. John's Trust Company (PVT) Limited at Bermuda Supreme Court.

Spanish Steps Holdings Ltd. v. Point Investments Ltd.: Judgment (Robert Brockman case)

November 17, 2021

Judgment setting out the Court's reasons for the appointment of Joint Provisional Liquidators for Point Investments Ltd. in Spanish Steps Holdings Ltd., described as being "ultimately wholly owned by the trustee of the A. Eugene Brockman Charitable Trust v. Point Investments Ltd., described as a Bermuda company that began life in the British Virgin Islands and has assets of $1.8 billion, "the vast majority of which are represented by investments in Cayman Islands funds", at Bermuda Supreme Court.

BCT Ltd. v. St. John’s Trust Company (Pvt) Ltd.: Originating Summons

October 12, 2021

Originating Summons in BCT Limited, as Trustee of the A. Eugene Brockman Charitable Trust v. St. John's Trust Company (Pvt) Limited at Bermuda Supreme Court.

St. John’s Trust Company (Pvt) Ltd. v. James Watlington et al: Ruling on Costs

August 6, 2021

Ruling awarding costs against James Gilbert, Conyers Dill & Pearman, and Medlands (PTC) Limited in St. John's Trust Company (PVT) Limited v. James Watlington, Glenn Ferguson, Cabarita (PTC) Limited, The Attorney General, and James Geoffrey Stephen Gilbert at Bermuda Supreme Court.

Switzerland freezes $78M linked to US billionaires’ ‘offshore fraud scheme’

December 15, 2020

A Swiss court has frozen nearly $78 million held by a Nevis firm at Mirabaud Bank that originated from Bermuda Commercial Bank and which the U.S. alleges are the proceeds of a bank fraud, tax evasion, and money laundering scheme involving "two U.S. billionaires, Robert Smith and Robert Brockman".

St. John’s Trust Company (PVT) Ltd. v. James Watlington et al: Ruling

December 14, 2020

Ruling regarding the A. Eugene Brockman Charitable Trust in St. John's Trust Company (PVT) Limited v. James Watlington, Glenn Ferguson, Cabarita (PTC) Limited, of Nevis, as Trustee of The Waterford Charitable Trust; The Attorney General, and James Geoffrey Stephen Gilbert, as Defendants, and Medlands (PTC) Limited and Conyers Dill & Pearman Limited, as Non-Parties, at Bermuda Supreme Court.

U.S. tycoon Robert Brockman indicted for ‘$2B offshore tax fraud scheme’

October 15, 2020

US software tycoon Robert Brockman has been criminally indicted in California for an alleged $2 billion offshore tax evasion scheme involving accounts and entities in Bermuda, British Virgin Islands, Cayman Islands, Nevis, and Switzerland. In a related case, billionaire private equity boss Robert Smith agreed to pay penalties of $139 million to avoid prosecution.

Bermuda target of $2B US tax fraud investigation accuses Australian lawyer of stealing $20M

April 7, 2020

Australian barrister Evatt Tamine has been accused of stealing "more than $20 million" from a Bermuda charitable trust set up by American billionaire Eugene Brockman, while the Trust itself is apparently the target of a $2 billion "tax and money laundering" investigation in the U.S., according to two court judgments.

Medlands (PTC) Ltd. et al v. Bermuda Police Commissioner: Judgment

March 26, 2020

Judgment regarding "a US Department of Justice Mutual Legal Assistance Request" that led to evidence being "seized from the residence and storage unit of Evatt Tamine, a barrister" in Medlands (PTC) Limited, as Trustee of the A. Eugene Brockman Charitable Trust; Spanish Steps Holdings Limited, and Point Investments Limited v. The Commissioner of the Bermuda Police Service, as Defendants, and Evatt Tamine, apparently a citizen of Australia, and St. John's Trust Company (PVT) Limited, as Interested Parties, at Bermuda Supreme Court.

St. John’s Trust Company (PVT) Ltd. v. James Watlington et al: Judgment

March 26, 2020

Judgment in St. John's Trust Company (PVT) Limited, whose "sole shareholder is another private trust company, domiciled in Nevis, called Cabarita" v. James Watlington, Glenn Ferguson, Cabarita (PTC) Limited, in its personal capacity and as Trustee of The Waterford Charitable Trust, and The Attorney General at Bermuda Supreme Court. Editor's Note: In the judgment, it is stated that Evatt Tamine, an Australian barrister, was being sued for allegedly "stealing trust assets of the value of more than $20 million" and that he was a "co-operating witness" in a "tax and money laundering investigation" by the U. S. Department of Justice and IRS into "more than USD 2 billion of unreported gains" involving the Bermuda-domiciled A. Eugene Brockman Charitable Trust.

Addington Trading LLC et al v. Bermuda Commercial Bank: Writ of Summons

November 9, 2017

Specially Endorsed Writ of Summons in Addington Trading LLC, Cabot Global Investments Ltd., Cascade Holdings LLC, Edge Capital Investments Ltd., Harrison Capital Investments Limited, Kiama Management LLC, Legend Investments LLC, Chancellor Trust Company (Pvt) Limited, as Trustee for the Outdoor Rehabilitation Trust; Point Investments Ltd., Regency Management Ltd., Spanish Steps Holdings Limited, St. John's Trust Company (Pvt) Limited, and Tangarra Consultants Limited v. Bermuda Commercial Bank Limited at Bermuda Supreme Court.