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Eden Corporate Pty Ltd. v. Jenepe IPO Capital Fund S.P.: Receivership Petition

November 18, 2015 - Receivership Petition in Eden Corporate Pty Ltd. v. Jenepe IPO Capital Fund S.P. at the Grand Court of the Cayman Islands.

ExS Fund (SPC) Ltd.: Petition

November 16, 2015 - Petition to continue the liquidation of ExS Fund (SPC) Ltd. under the supervision of the court at the Grand Court of the Cayman Islands.

China Shanshui Cement Group Ltd.: Winding Up Petition

November 10, 2015 -

US judge again slams SEC for causing closure of Cayman's Caledonian Bank

November 10, 2015 - A federal judge in New York has again chastised the United States Securities and Exchange Commission for causing the collapse of Cayman Islands-based Caledonian Bank Ltd. "This case offers fertile ground for agency self-examination," stated U. S. District Judge William H. Pauley III in a pre-trial opinion today.

SEC v. Caledonian Bank Ltd. et al: Opinion & Order

November 10, 2015 - Opinion and Order in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Clear Water Securities, Inc., Legacy Global Markets S.A., and Verdmont Capital, S.A. at the U. S. District Court for the Southern District of New York.

Bermuda Monetary Authority: Regulator or Promotional Agency?

November 10, 2015 - A few years ago, the then head of enforcement for the Bermuda Monetary Authority was rendered apoplectic on stage at an OffshoreAlert Conference after being asked to name a single individual or legal entity that the financial services regulator had ever penalized or disciplined since it was established in 1969. It's difficult to come up with names off the top of your head when they number so few. Financial regulators in the United States penalize more financial miscreants in a typical afternoon than the BMA has in its entire 46-year history. For promotional purposes, the BMA's message is 'We have one of the three biggest insurance markets in the world. Yes indeed, sniff, sniff, we're the world's risk capital'. For regulatory purposes, the message seems to be 'Insurance market? What insurance market?'.

Lawrence Heath et al v. Dundee Merchant Bank et al: Writ of Summons

November 05, 2015 - Writ of Summons in Lawrence Beverley Heath and Willaud Corporation v. The Dundee Merchant Bank and Sharon Lexa Lamb at the Grand Court of the Cayman Islands. 

Pan Asia Mining Limited: Petition

November 04, 2015 - Petition In the Matter of Pan Asia Mining Limited at the Grand Court of the Cayman Islands.

'Last request to remove details of my fraud charges,' writes Garry Milosevich

October 30, 2015 - Letter from convicted fraudster Garry Milosevich complaining about information on OffshoreAlert's web-site concerning his fraudulent activity.

Primeo Fund v. Bank of Bermuda (Cayman) Ltd. et al: Writ of Summons

October 29, 2015 - Writ of Summons in Primeo Fund v. Bank of Bermuda (Cayman) Limited and HSBC Securities Services (Luxembourg) SA at the Grand Court of the Cayman Islands. 
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DOJ Scores Big With Record-breaking Alstom FCPA Sentence -- Who's Next On the DOJ'S FCPA Hit List?
Eric Havian
By   Gordon Schnell      Late Friday, French power and transportation company Alstom S.A. was sentenced to pay a $772 million fine for violating the Foreign Corrupt Practices Act (FCPA) through its payment of millions of dollars in secret bribes to government officials across the gl