March 25, 2015 - An obscure Bermuda-domiciled private equity fund - ADG Absolute Diversified Growth Fund - has applied to liquidate an even more obscure and long ago defunct BVI shell company - Lasdun Ventures - for alleged failure to repay a $52 m loan, a transaction whose substance is open to question.
March 22, 2015 - Cayman Islands-domiciled hedge fund Brighton SPC has been suspended by its directors, David Egglishaw and John Cullinane, after OffshoreAlert revealed it was part of a criminal financial enterprise operated by Mauritius-based Belvedere Management Group.
March 21, 2015 - Two key investment fund companies operated by Belvedere Management Group - Lancelot Global PCC and The Four Elements PCC - have had their business licenses revoked in Mauritius - four days after the group was exposed as a massive criminal enterprise by OffshoreAlert.
March 18, 2015 - Letter to Shareholders of Cayman Islands-domiciled Brighton SPC from Nicolaas Faure, on behalf of the Fund's Administrator, British Virgin Islands-domiciled Drake Fund Advisors Ltd., announcing that the Fund was suspended on March 18th, 2015 by its directors, David Egglishaw and John Cullinane.
March 04, 2015 - Claim Form in Donald E. de Castro, trading as A&E Professional Services, v. John Bagalini, trading as Sharky's Cantina, at the British Virgin Islands High Court.
February 27, 2015 - Liquidation Application in Finance & Investors Inc. v. Virosat Investments Inc. at the British Virgin Islands High Court.
February 27, 2015 - Claim Form in Pojazdy Szynowe PESA Bydgoszcz Spolka Akcyjna, a.k.a. PESA Bydgoszcz SA, v. Maltesert Group Inc. at the British Virgin Islands High Court.
February 27, 2015 - British Virgin Islands-domiciled Integrated Whale Media Investment, which appears to have been the vehicle through which Asian investors bought a majority stake in the Delaware firm that owns iconic U.S.-based publication Forbes magazine last year, has been threatened with liquidation by a creditor.
February 26, 2015 - Liquidation Application in ADG Absolute Diversified Growth Fund Ltd., domiciled in Bermuda, v. Lasdun Ventures S.A. at the British Virgin Islands High Court.
February 26, 2015 - Writ of Summons in Michael John Taylor, of Monaco; Hugh Daniel Brogan, of the Isle of Man; and Concordia API Fund, of the Cayman Islands v. Lawrence Jones, of England; More Stephens Services S.A.M., of Monaco; and Port of Hercules Administrators Limited, of the British Virgin Islands, at the Grand Court of the Cayman Islands.