‘Remove negative information about Terry Duffy & Marta Miraglia,’ writes ‘legal rep’
Letter to the Editor from Artem Khachatryan requesting we remove information about Terrence Patrick Duffy and Marta Miraglia regarding Cayman's Caledonian Bank.
US judge approves ‘seemingly illusory’ settlement between SEC and Caledonian Group
A U. S. regulator's much-criticized securities fraud complaint against Cayman Islands-based Caledonian Bank and Caledonian Securities is near a conclusion after a federal judge in New York yesterday approved a "seemingly illusory" settlement between the parties and rejected an attempt to block it by the group's "putative owner".
Sentinel Trust has ‘no standing’ to block Caledonian Bank fraud settlement, say SEC & liquidators
The U. S. SEC and the liquidators of Cayman Islands-domiciled Caledonian Bank have objected to an attempt by Sentinel Trust Services to block their proposed settlement of a securities fraud complaint and have questioned Sentinel's claim to be the bank's "owner".
Caledonian Bank ‘owner’ seeks to block SEC settlement & force regulator to pay damages
Cayman Islands-domiciled Sentinel Trust Services - claiming to be the owner of Caledonian Bank - is seeking to block the bank's proposed securities fraud settlement agreement with the SEC and force the regulator to pay damages for causing the bank's collapse.
Caledonian Bank liquidators paint bleak picture for creditors
Cayman Islands-based Caledonian Bank has millions of dollars of related-party transactions that typically "can be difficult to recover full value" and is exposed to "a single large loan" of $93.7 million, representing more than half of all loans receivable. The grim news for creditors came in the first report of liquidators Keiran Hutchison and Claire Loebell.
Cayman regulator seems to wrongly identify Caledonian Bank’s ultimate beneficial owner
Research by OffshoreAlert indicates that insolvent Caledonian Bank is controlled by Canadian hedge fund boss and United States citizenship-renouncer Terry Duffy, not Curaçao-based hedge fund services provider Gordon Casey, as claimed by the Cayman Islands Monetary Authority in its petition to wind up the bank.