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Judgments

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Thomas Doctoroff v. Crown Global Life Insurance Ltd. et al: Ruling

June 07, 2021 - Ruling denying summary judgment against Crown Global Life Insurance and granting summary judgment for $1.7 million against the other defendants regarding investments in the Mauritius-based Belvedere Management Group in Thomas Doctoroff, of New York, USA v. Crown Global Life Insurance Ltd., of Bermuda; Paul Gambles, of Thailand; MBMG Investment Advisory Company Ltd., of Thailand; MBMG Group Singapore Pte, of Singapore; MBMG International Custodians Ltd., of the British Virgin Islands; MBMG Asset Management Limited, of Mauritius, and Garmor Asset Management Ltd., of Mauritius, at Bermuda Supreme Court.

Panacorp Casa de Valores SA v. Castle Harbour Securities Ltd.: Judgment

May 20, 2021 - Judgment regarding a dispute involving "100 million bonds issued by Petróleos de Venezuela, S.A.", a.k.a. PDVSA, in Panacorp Casa de Valores S.A., of Panama v. Castle Harbour Securities Limited at Bermuda Supreme Court.

St. John's Trust Company (PVT) Ltd. v. James Watlington et al: Ruling

December 14, 2020 - Ruling regarding the A. Eugene Brockman Charitable Trust in St. John's Trust Company (PVT) Limited v. James Watlington, Glenn Ferguson, Cabarita (PTC) Limited, of Nevis, as Trustee of The Waterford Charitable Trust; The Attorney General, and James Geoffrey Stephen Gilbert, as Defendants, and Medlands (PTC) Limited and Conyers Dill & Pearman Limited, as Non-Parties, at Bermuda Supreme Court.

Marshall Diel & Myers Ltd. v. Cameron Hill: Final Ruling

August 12, 2020 - Ruling regarding an application to restrain an attorney from representing Andrew Crisson due to alleged conflict of interest in Marshall Diel & Myers Limited, a Bermuda law firm v. Cameron Hill, an attorney, at Bermuda Supreme Court.

Griffin Line General Trading LLC v. Centaur Ventures Ltd.: Ruling

July 24, 2020 - Ruling in Griffin Line General Trading LLC, of Dubai, v. Centaur Ventures Ltd. at Bermuda Supreme Court.

Griffin Line Trading LLC v. Centaur Ventures Ltd. et al: Judgment

June 22, 2020 - Ruling regarding an application for a worldwide freezing order in Griffin Line Trading LLC, of Dubai v. Centaur Ventures Ltd., a Bermuda company that "acted as a commodities trader of coal in South Africa", and Daniel James McGowan at Bermuda Supreme Court.

TA Genco Ltd. et al v. Agritrade Resources Ltd.: Judgment

June 17, 2020 - Judgment appointing Provisional Liquidators in TA Genco Limited, TA Private Debt III Limited, and Golden Equator Capital Pte. Ltd., of Singapore v. Agritrade Resources Limited, a Bermuda company whose shares are listed on the Hong Kong Stock Exchange, at Bermuda Supreme Court.

Marshall Diel & Myers Ltd. v. Andrew Crisson: Ruling

May 07, 2020 - Ruling on an application to vary a freezing injunction in Marshall Diel & Myers Limited, a law firm in Bermuda v. Andrew Crisson at Bermuda Supreme Court.

Deepak Raswant v. Centaur Ventures Ltd. et al: Judgment

April 29, 2020 - Judgment in Deepak Raswant, of New Delhi, India v. Centaur Ventures Ltd., The Centaur Group Limited, and Daniel James McGowan at Bermuda Supreme Court.

St. John's Trust Company (PVT) Ltd. v. James Watlington et al: Judgment

March 26, 2020 - Judgment in St. John's Trust Company (PVT) Limited, whose "sole shareholder is another private trust company, domiciled in Nevis, called Cabarita" v. James Watlington, Glenn Ferguson, Cabarita (PTC) Limited, in its personal capacity and as Trustee of The Waterford Charitable Trust, and The Attorney General at Bermuda Supreme Court. Editor's Note: In the judgment, it is stated that Evatt Tamine, an Australian barrister, was being sued for allegedly "stealing trust assets of the value of more than $20 million" and that he was a "co-operating witness" in a "tax and money laundering investigation" by the U. S. Department of Justice and IRS into "more than USD 2 billion of unreported gains" involving the Bermuda-domiciled A.  Eugene Brockman Charitable Trust.

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.