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CD&P law firm held liable for costs in Bermuda after trial no-show

June 13, 2013 - Bermuda Chief Justice Ian Kawaley has taken the extraordinary step of holding prominent offshore law firm Conyers Dill & Pearman and one of its attorneys, Ray DeSilva, liable for costs in a legal action after neither the law firm nor its client turned up for a trial.

Butterfield Bank sued by client of imprisoned fraudster David Self

June 12, 2013 - Butterfield Bank (Cayman) Ltd. has been dragged into litigation arising from the theft by David Self of approximately $1 million from clients of his Cayman Islands-based captive management firm Monkton Insurance Services Ltd.

Otkritie International Investment Management Ltd. et al: Eighth Application to Issue Subpoenas

June 11, 2013 - Eighth Application to Issue Subpoenas for the Production of Documents for Use in a Foreign Proceeding by Otkritie International Investment Management Limited, domiciled in the British Virgin Islands; Otkritie Securities Limited, domiciled in England and Wales; and Otkritie Financial Corporation JSC, domiciled in Russia, at the U. S. District Court for the Southern District of New York.

Botswana: Albern Investments (PTY) Ltd.

June 10, 2013 - Application for the appointment of a Commissioner - pursuant to a request for judicial assistance from Botswana - to collect evidence for a criminal investigation into suspected fraud by Tendai Gwata, Godfrey Marecha, Anganiswo Ngunga, James Ngunga, and Albern Investments (PTY) Ltd.

Offshore hedge fund boss charged with fraud in New York

June 08, 2013 - U. S.-based hedge fund manager Fredrick Scott has been charged with defrauding investors in his ACI Capital Group, which has offshore structures and accounts in the British Virgin Islands and Cayman Islands,

Cedrus Investments Ltd.: Corporate Information

June 05, 2013 - Corporate Information for Cedrus Investments Ltd., obtained from the Cayman Islands General Registry on June 5, 2013.

Partners Group Access Secondary 2008, LP et al v. Cybernaut Growth Fund, LP: Winding-Up Petition

June 04, 2013 - Winding-Up Petition in Partners Group Access Secondary 2008, LP, Partners Group Access 89, LP, Partners Group Maple Leaf Secondary Fund II, LP Inc., Partners Group Access IV LP, and Partners Group Global Value SICAV v. Cybernaut Growth Fund, LP at the Grand Court of the Cayman Islands.

USA v. Fredrick Scott: Criminal Complaint

June 03, 2013 - Criminal Complaint in USA v. Fredrick Douglas Scott at the U. S. District Court for the Eastern District of New York.

SJK Absolute Return Fund, LLC et al v. EisnerAmper LLP et al: Complaint

June 03, 2013 - Complaint in SJK Absolute Return Fund, LLC and SJK Absolute Return Fund, Ltd. v. EisnerAmper LLP, f.k.a. Eisner LLP, and EisnerAmper (Cayman) Ltd., f.k.a. Eisner (Cayman) Ltd., at the U. S. District Court for the Middle District of North Carolina.

British law firm owes Axiom Legal Financing Fund £61 m, says administrator

June 02, 2013 - Insolvent Ashton Fox Solicitors owes failed Cayman Islands-domiciled Axiom Legal Financing Fund "approximately £60.8 m" but that is only an estimate "due to the paucity of the Company's accounting records", reported the law firm's joint administrator on May 15.
OAC 2013 VIDEO NA 300 x 250 - Convenience

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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