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Merydion Corporation Ltd.: Liquidation Notice

January 11, 2021 - Notice of Appointment of Provisional Liquidator for Merydion Corporation Limited, filed at Companies House for England and Wales.

Value Asset Management Plc: Liquidation Notice

January 08, 2021 - Notice of Appointment of Provisional Liquidator for Value Asset Management Plc, filed at Companies House for England and Wales.

Katherine Hitchins v. Babbé LLP: Guernsey Tribunal Decision

October 05, 2020 - Decision by the Employment and Discrimination Tribunal, in Guernsey, in the Channel Islands, finding that a partner in Babbé law firm was "constructively dismissed and that it was an unfair dismissal" following a "false" and "maliciously motivated" allegation by another partner, Robert Varley, in Katherine D. Hitchins v. Babbé LLP. Editor's Note: In an action that indicates either preferential treatment or a legal challenge, the 'Extended Reasons' for this 'Decision' were published on the 'Tribunal Decisions 2020' part of the Government of Guernsey's website and then removed, meaning it is the only published Decision for 2020 that does not include this information. When asked why this had been done, a Tribunal spokesperson told OffshoreAlert today: "I am not in a position to comment on the reasons the Tribunal's full decision was taken down. I will advise you when they are back up on the site." OffshoreAlert obtained the 'Extended Reasons' separately, from a 'concerned individual'. Meanwhile, Robert Varley, a funds and corporate lawyer whose "false" allegation was determined to have been "motivated by frustration, revenge, or possibly anger", left Babbé in 2018 and became a partner of Appleby law firm, in the British Virgin Islands.

Corporation of Hamilton v. Arbitrade Properties (Victoria Holdings) Ltd.: Statutory Demand Notice

June 16, 2020 - Statutory Demand Notice by The Corporation of Hamilton, of Bermuda, to Arbitrade Properties (Victoria Holdings) Ltd., of Bermuda.

The Optimum Retirement Benefit Plan: Report (June 2020)

June 02, 2020 - Report by Dalriada Trustees Limited regarding The Optimum Retirement Benefit Plan, of the United Kingdom. Editor's Note: The Plan was involved in what is known as a 'pensions liberation fraud'.

David Mapley Response to Luxembourg CSSF Ban

May 26, 2020 - News Release by David Mapley in response to administrative measure against him by the Luxembourg CSSF.

LFP I SICAV SIF SA: Shareholder Letter (April 29, 2020)

April 29, 2020 - Letter to Shareholders of LFP I SICAV SIF S.A. by David Mapley and Tudor Fedeles, who are seeking to recover assets for investors, alleging fraud.

Swan Developments Management Ltd.: Winding-Up Order

March 30, 2020 - Notice of Court Order in a Winding-Up filed by Swan Developments Management Limited with Companies House in Britain.

Union Bancaire Privée: Non-Prosecution Agreement Addendum

January 02, 2020 - Addendum to Non-Prosecution Agreement under the U. S. Department of Justice's 'Swiss Bank Program' in USA v. Union Bancaire Privée.

USA v. Coutts & Co. Ltd.: Non-Prosecution Agreement Addendum

December 20, 2019 - Addendum to Non-Prosecution Agreement under the U. S. Department of Justice's 'Swiss Bank Program' in USA v. Coutts & Co. Ltd.

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 ISLANDS  
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.