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Argyle Funds & Ardent Harmony Fund go into liquidation, $89m at risk

May 19, 2016 - A Cayman fund group set up by Barbados-based Canadian attorney Jeffrey Lipton has collapsed, putting US$89m of investors' funds at risk. Argyle Funds SPC, ARC (Euro) Fund, ARC (USD) Fund, and Ardent Harmony Fund went into liquidation apparently due to problems with loans of approximately $40m to NY-based factoring firm RMP Capital Corp.

Evergreen E-Pay Solutions, Inc. et al v. Belize Bank, Ltd. et al: Complaint

May 13, 2016 - Complaint in Evergreen E-Pay Solutions, Inc., Digital Empire USA, Inc., Robert Allen, and Kellianne Beltran v. Visa, Inc., Visa International Service Association, Inc., Caribbean Investment Holdings, Ltd., BCB Holdings, Ltd., British Caribbean Bank International, Ltd., Belize Bank, Ltd., Belize Bank International, Ltd., Alina Gonzalez, Filippo Alario, Christopher Coye, and Credomatic International Corporation at the U. S. District Court for the Southern District of Florida.

HSBC International Trustee Ltd.: Originating Summons

May 12, 2016 - Originating Summons in the Matter of HSBC International Trustee Limited at the Grand Court of the Cayman Islands.

SEC v. Devon D. Archer et al: Complaint

May 11, 2016 - Complaint in U. S. Securities and Exchange Commission v. Devon D. Archer, Bevan T. Cooney, Hugh Dunkerley, Jason W. Galanis, John P. Galanis, Gary T. Hirst and Michelle A. Morton at the U. S. District Court for the Southern District of New York.

MEACP Clean Energy Fund A L.P.: Originating Application

May 10, 2016 - Originating Application in the Matter of MEACP Clean Energy Fund A L.P. at the Grand Court of the Cayman Islands.

Michele Canham et al v. Cayman National Trust Co. Ltd. et al: Writ of Summons

May 10, 2016 - Writ of Summons in Michele Alexia Canham, James Alexander Poulton, Nicholas James Poulton, James Michael Poulton, and Daisy Elizabeth Houghton-Poulton v. Cayman National Trust Co. Ltd., James Alan Poulton, and Deborah Poulton at the Grand Court of the Cayman Islands.

USA v. Robert Bandfield et al: Bandfield's Motion to Suppress Evidence

May 10, 2016 - Bandfield's Motion to Suppress Evidence in USA v. Robert Bandfield, Unicorn International Securities LLC, Titan International Securities Inc., Legacy Global Markets S.A., IPC Corporate Services LLC, IPC Corporate Services Inc., IPC Management Services, LLC, Andrew Godfrey, Cem Can, Rohn Knowles, Kelvin Leach, Paula Psyllakis, Brian De Wit, Philip Kueber, and Gregg Mulholland at the U. S. District Court for the Eastern District of New York.

Fund adviser Rob Aspinall arrested in Cayman on suspicion of $500K liquidation fraud

May 10, 2016 - British national Robert Aspinall has been arrested in the Cayman Islands on suspicion of fraudulently obtaining more than $500,000 from two funds of which he was voluntary liquidator while working for Deloitte. Aspinall allegedly approved bogus liquidation claims from BVI entities that he secretly owned.

Heriot African Trade Finance Fund Ltd. v. Heriot 2 Borrower Ltd.: Originating Application

May 06, 2016 - Originating Application in Heriot African Trade Finance Fund Limited v. Heriot 2 Borrower Ltd. at the Grand Court of the Cayman Islands.

Argyle Funds SPC Inc.: Petition

May 06, 2016 - Petition In the Matter of Argyle Funds SPC Inc. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
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'Reporters Without Borders' - You can't be serious!
David Marchant
The France based 'Reporters Without Borders' has just released its '2016 World Press Freedom Index', which purports to measure the "level of freedom of information in 180 countries", and, not for the fist time with this annual index, I question