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CAYMAN ISLANDS

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Caledonian Bank officers 'complicit' in $38 m securities fraud, says SEC

February 08, 2016 - Records provided to the U. S. SEC by the liquidators of Cayman Islands-domiciled Caledonian Bank show that "high-level employees" of the bank were "complicit" in a pump-and-dump securities fraud by clients that netted a $38 million profit, says the regulator. Caledonian has agreed to pay $25 m in "disgorgement" but the SEC has agreed to "forgo payment" due to the bank's insolvency.

SEC v. Caledonian Bank Ltd. et al: Proposed Settlement

February 08, 2016 - Proposed Settlement in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.

Tai Shing International (Holdings) Limited: Petition

February 05, 2016 - Petition in the matter of Tai Shing International (Holdings) Limited at the Grand Court of the Cayman Islands.

Eurasia Drilling Company Limited: Petition

February 03, 2016 - Petition in the matter of Eurasia Drilling Company Limited at the Grand Court of the Cayman Islands.

Itochu Oil Exploration (BTC) Inc.: Petition

February 02, 2016 - Petition In the Matter of Itochu Oil Exploration (BTC) Inc. at the Grand Court of the Cayman Islands.

BVI regulator applies to liquidate Crescent Corporate Services

February 02, 2016 - The British Virgin Islands Financial Services Commission has applied to liquidate Crescent Corporate Services Limited "in the public interest".

Tara Rivers v. John Gordon Hewitt: Creditor's Petition

January 29, 2016 - Creditor's Petition in Tara Rivers v. John Gordon Hewitt at the Grand Court of the Cayman Islands.

William Ryan et al v. Empire Development Company Ltd.: Writ of Summons

January 28, 2016 - Writ of Summons in William Ryan and Deborah Ryan v. Empire Development Company Limited at the Grand Court of the Cayman Islands.

Mayer Corporation Development International Ltd. v. Aspial Investment Ltd.: Stop Notice

January 28, 2016 - Stop Notice by Mayer Corporation Development International Limited regarding shares in Mayer Holdings Limited owned by Aspial Investment Limited and Bumper East Limited, filed at the Grand Court of the Cayman Islands.

Aduke Natalie Joseph-Caesar v. Ministry of Home Affairs: Judicial Review

January 27, 2016 - Application for Leave to Apply for Judicial Review in Aduke Natalie Joseph-Caesar v. The Chief Officer of The Ministry of Home Affairs 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