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Offshore litigation is thriving as the fallout from the financial crisis and court innovations whip up a perfect storm
David Marchant
Posted: Monday, July 16, 2012 7:28 AM
Joined: 9/13/2007
Posts: 443


The Lawyer: This week's special report focuses on the growth in litigation offshore, examining the driving factors and the effect of innovations such as the launch of the Cayman Islands' Financial Services Division or the British Virgin Islands' Commercial Court. How much longer will the flood of cases last?

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On Correspondent Bank Accounts ... the Achilles Heel of Offshore Banking
Dan Reeves
  If you blinked, you probably missed the news.  On January 29, 2013, a federal judge sitting in New York City authorized the IRS to issue a John Doe summons to UBS AG in Stamford, Connecticut for the correspondent bank records of Wegelin Bank of Switzerland and at least two other Swiss banks that nested their