Vijayabalan Murugesu

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Rubicon Cayman Holdings: Petition

Petition in the matter of Rubicon Cayman Holdings (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Caledonian Bank staff targeted by Architects of Wine liquidator

Four current or former employees of Cayman Islands-based Caledonian Bank and Trust Limited are potential targets for legal action concerning the failure of a wine-based investment scheme.First, however, liquidator Christopher Johnson needs to raise money to fund any litigation and he intends to seek court permission to sell 285,717 bottles of wine - valued at €1,856,055 (US$2.4 million) - that are stored in a warehouse in Switzerland.