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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.

Apollo Re Limited: Petition for Court Supervision

May 31, 2013 - Petition for Court Supervision of a Voluntary Liquidation In the Matter of Apollo Re Limited at the Grand Court of the Cayman Islands.

Bahamas residents indicted in U.S. for alleged offshore tax fraud scheme

May 25, 2013 - Part-time Bahamas residents Duane Crithfield and Stephen Donaldson, Sr. have been criminally charged in the United States with operating a tax fraud scheme involving trust, insurance and other offshore companies in Anguilla, Nevis and the Bahamas.

CIGNA Worldwide Insurance Company v. ACE Ltd.: Ruling as to Costs & Service

May 13, 2013 - Ruling regarding who should pay costs and legality of service out of the jurisdiction in CIGNA Worldwide Insurance Company v. ACE Limited at the Grand Court of the Cayman Islands.

USA v. Duane Crithfield et al: Indictment

May 02, 2013 - Indictment for alleged tax fraud involving an offshore tax strategy known as the Business Protection Plan in USA v. Duane Crithfield and Stephen Donaldson, Sr. at the U. S. District Court for the Middle District of Florida.

CIGNA Worldwide Insurance Company v. ACE Ltd.: Order Adding Parties

April 26, 2013 - Order adding Echemus Investment Management Ltd., Echemus Group, LP, CC International Limited, and Martin S. Kenney as parties for the purposes of costs only in CIGNA Worldwide Insurance Company v. ACE Limited at the Grand Court of the Cayman Islands.

IAT Reinsurance Company Ltd. v. USA: Redacted Complaint

April 23, 2013 - Tax Refund complaint in IAT Reinsurance Company Ltd., domiciled in Bermuda, v. USA at the U. S. Court of Federal Claims.

William G. Ritter v. Butterfield Bank (Cayman) Ltd.: Third-Party Complaint

April 09, 2013 - Third-Party Complaint in William G. Ritter v. Butterfield Bank (Cayman) Ltd. at the U. S. District Court for the Western District of Texas.

Managing Partners Limited et al v. Life Policy Group Plc: Writ of Summons

March 25, 2013 - Writ of Summons in Managing Partners Limited and Traded Policies Fund v. Life Policy Group Plc at the Grand Court of the Cayman Islands.

Sociedad Militar Seguro de Vida v. LT Investment Inc. et al: Application for Judicial Assistance

March 12, 2013 - Application for judicial assistance by Sociedad Militar Seguro de Vida v. LT Investment Inc., Lifetrade Management Company LLC, AVS Servicing LLC, AVS Underwriting LLC, Wells Fargo Bank, N.A., JPMorgan Chase Bank, N.A., John Marcum, Roy Smith, and Phillip Loy at the U. S. District Court for the Northern District of Georgia.
OAC 2013 VIDEO NA 300 x 250 animated gif - On Demand

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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