March 02, 2015 - Investors who have already been swindled out of £98 million in a litigation funding scam by Buttonwood Legal Capital are being asked to invest a further £14.63 million to finance a Cayman Islands-domiciled 'rescue fund' set up by Simon Franklin, Stuart Hackett, and Klaus Selinger, who were all involved with the Buttonwood scheme before its collapse.
February 26, 2015 - Research by OffshoreAlert indicates that insolvent Caledonian Bank is controlled by Canadian hedge fund boss and United States citizenship-renouncer Terry Duffy, not Curacao-based hedge fund services provider Gordon Casey, as claimed by the Cayman Islands Monetary Authority in its petition to wind up the bank.
February 25, 2015 - 'Confidential Private Placement Memorandum' for Cayman Islands-based Chiron Litigation Funding Limited set up by Simon Franklin, Stuart Hackett and Klaus Selinger, of Dequity Partners Pty Ltd., in Australia, to recover assets on behalf of investors in Centaur Litigation Limited, Centaur Litigation SPC, and Centaur Litigation Unit Series 1 Limited who were swindled in a litigation funding fraud perpetrated by Buttonwood Legal Capital and the Argentum Capital Group.
February 24, 2015 - Verdmont Capital's opposition to SEC's asset freeze application 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.
February 23, 2015 - Winding Up Petition in Cayman Islands Monetary Authority v. Caledonian Bank Limited at the Grand Court of the Cayman Islands.
February 14, 2015 - The liquidator of the investment manager of Axiom Legal Financing Fund is preparing to sue Cayman-based hedge fund firm DMS Offshore Investment Services, one of its officers, Dawn Cummings, and the architect of the scam, Tim Schools. Ironically, Tangerine Investment Management's liquidator wants a litigation funding firm to finance it.
February 12, 2015 - The Court of Appeal of the Cayman Islands has thrown out a landmark US$111 million judgment against fraudulently-operated hedge fund Weavering Capital's two 'independent' directors, Stefan Peterson and Hans Ekstrom.
February 12, 2015 - Judgment in Weavering Macro Fixed Income Fund Limited v. Stefan Peterson and Hans Ekstrom at the Court of Appeal of the Cayman Islands.
January 29, 2015 - Order authorizing investigations into the availability of litigation funding in Novus International Investments Limited v. Tangerine Investment Management Limited at the Grand Court of the Cayman Islands.
January 29, 2015 - Petition In the Matter of Loch Lomond Members Golf Club Limited at the Grand Court of the Cayman Islands.