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Ontario Securities Commission v. Adriana Rios Garcia: Discovery Application

September 23, 2020 - Ex Parte Application by the Ontario Securities Commission to take discovery from Adriana Rios Garcia, a.k.a. Adriana Shaw, described as a resident of Miami and Colombia and the "principal" of Global Bioenergy Resource SAS, of Colombia, for use in "proceedings before the Commission" against First Global Data Ltd., Global Bioenergy Resources Inc., Nayeem Ali, Maurice Aziz, Harish Bajaj, and Andre Itwaru for alleged fraud, filed at the U. S. District Court for the Southern District of Florida.

Piraeus Bank SA v. NASDAQ et al: Discovery Application

September 23, 2020 - Application by Piraeus Bank SA, of Greece, to take discovery from The NASDAQ Stock Market LLC and OTC Markets Group for use in "an anticipated foreign judicial proceeding that will be commenced by Piraeus against Newlead Holdings, Ltd. [of Bermuda] before the High Court of Justice, Business and Property Courts of England and Wales, Commercial Court pursuant to a Guarantee and Indemnity agreement", filed at the U. S. District Court for the Southern District of New York.

Germany: Stefan Greiner et al

September 22, 2020 - Application for the appointment of a Commissioner to collect evidence from Wells Fargo Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "unknown subjects for fraud", described as "purported Swiss stockbrokers using the name Stefan Greiner and Martin Gerler".

Commercial Bank of Dubai v. CB Title Management Corp.: Discovery Application

September 21, 2020 - Application by Commercial Bank of Dubai to take discovery from CB Title Management Corp. for use in contemplated legal proceedings in Dubai regarding the alleged default of a AED 37.5 million loan to Chalmers Engineering Company LLC, of Dubai, and "a personal guarantee from Stuart Allan Macdonald Chalmers, a UK national and Dubai, UAE resident", filed at the U.S. District Court for the District of New Jersey.

USA v. Jack Burkman et al: 'Roger Stone Leak' Investigation

September 18, 2020 - Application for Non-Disclosure Order for Grand Jury Subpoena in USA v. HD Carrier, LLC regarding an investigation into John M. Burkman, Jr., a.k.a. Jack Burkman, and Jacob Wohl for suspected criminal contempt, obstruction of justice, and witness harassment involving "the unauthorized public dissemination of confidential juror questionnaires completed by jurors in the matter of U.S. v. Roger Stone", filed at the U. S. District Court for the District of Columbia.

Tatiana Akhmedova v. Google LLC: Discovery Application

September 16, 2020 - Application by Tatiana Akhmedova to take discovery from Google LLC for use in legal proceedings in England involving, inter alia, her husband, Farkhad Akhmedov, a Russian businessman; their son, Temur Akhmedov, and "Liechtenstein trustee entities Counselor Trust Reg and Sobaldo Establishment" regarding judgment collection and alleged "fraudulent evasion", filed at the U. S. District Court for the Northern District of California.

Commercial Bank of Dubai v. American Express Inc.: Discovery Application

September 15, 2020 - Application by Commercial Bank of Dubai to take discovery from American Express Inc. for use in contemplated legal proceedings in Dubai regarding the alleged default of a AED 37.5 million loan to Chalmers Engineering Company LLC, of Dubai, and "a personal guarantee from Stuart Allan Macdonald Chalmers, a UK national and Dubai, UAE resident", filed at the U.S. District Court for the Southern District of New York.

Poland: Witold Grzebicki et al

September 14, 2020 - Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Poland - for a criminal investigation into Witold Antoni Grzebicki and Marek Glogowski for suspected forgery and fraud.

Switzerland: Henry Ukshini

September 04, 2020 - Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation into Henry Ukshini for suspected embezzlement.

CBRE Global Investors (NL) BV et al v. HBC US Holdings LLC et al: Discovery Application

September 04, 2020 - Application alleging "HBC secretly siphoned away what appears to be billions of dollars of assets by transferring its entire United States operations to a newly-formed Bermuda parent company, under the guise of an internal restructuring thereby removing those assets from the reach of HBC's creditors, including CBRE" by CBRE Global Investors (NL) B.V., CBRE DRET Custodian I B.V., CBRE DHC Maastricht (Grote Staat V) B.V., and CBRE DHC Den Haag (Grote Markstraat V) B.V. to take discovery from HBC US Holdings LLC and its General Counsel, David Schwartz, for use in "a civil action in The Netherlands against Hudson's Bay Company ULC, a Canadian company formerly known as Hudson's Bay Company, who through its affiliates owns and operates department stores, including Saks Fifth Avenue, throughout the United States, Canada and Europe", filed at the U. S. District Court for the Southern District of New York.

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.