TM3 Re SPC

In the first seven months of this year alone, the international business court of the Cayman Islands concealed 21 insolvency petitions in which the liabilities collectively exceeded $1.2 billion, including five against companies listed on foreign stock exchanges. Their existence is only now known because the Court unsealed dozens of cases after OffshoreAlert's exposé of its draconian secrecy practices.

Petition In the Mater of TM3, Re SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.