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CohnReznick LLP v. Mazars USA LLP: Complaint

January 14, 2020 - Complaint alleging that "three former CohnReznick partners - Robert DeMeola, Alan Wohl, and Howard Leung - have hatched a carefully-orchestrated scheme to raid CohnReznick's New York office and are exploiting CohnReznick's confidential and proprietary information to solicit and retain CohnReznick’s clients, partners and employees" in CohnReznick LLP, described as "a national accounting, tax and business advisory firm" v. Mazars USA LLP, of New York, NY, at the U. S. District Court for the Southern District of New York.

ENRC v. Deloitte LLP: Discovery Application

December 12, 2019 - Application by Eurasian Natural Resources Corporation Limited, of England, to take discovery from Deloitte LLP for use in legal proceedings at the High Court of Justice of England and Wales against its former attorneys, Dechert LLP and David Neil Gerrard, for alleged misconduct, filed at the U. S. District Court for the Southern District of New York.

Ardent Harmony Fund Inc. v. BDO Trinity Ltd.: Complaint

November 18, 2019 - Complaint attempting to hold the defendant "accountable for its failure to alert Ardent to an egregious fraud" in Ardent Harmony Fund Inc. (in Liquidation), of the Cayman Islands v. BDO Trinity Ltd., d.b.a. BDO Trinidad and Tobago, of Trinidad and Tobago, at the Supreme Court of the State of New York, County of Nassau.

Sylvia Sutherland v. Pannell Kerr Forster et al: Judgment

October 17, 2019 - Judgment regarding "the breakdown of a professional relationship" in Sylvia Sutherland v. Pannell Kerr Forster and Floyd Patterson at the Saint Vincent and the Grenadines High Court.

Black River Trust Company Ltd et al.: Disqualification of Officers & License Revocation

October 03, 2019 - Notice by the Mauritius Financial Services Commission announcing the Revocation of the Management License of Black River Trust Company Ltd., formerly known as Grand Baie Trust Company Ltd., and the Disqualification of its Officers, Luc Allan Penny Hack, a lawyer, and David Perry Haskell, a British chartered accountant.

RSM US LLP: Findings & Sanctions

August 27, 2019 - Order Instituting Public Administrative and Cease-and-Desist Proceedings, Making Findings and Imposing Remedial Sanctions in the matter of RSM US LLP, formerly McGladrey LLP, before the U. S. Securities and Exchange Commission.

Bruce McNaught: Public Statement (August 9, 2019)

August 09, 2019 - Public Statement by the Guernsey Financial Services Commission regarding Bruce David McNaught.

Cooperatieve Rabobank U.A. et al v. Crowe LP: Notice of Removal

July 25, 2019 - Notice of Removal, including a copy of the complaint, in Cooperatieve Rabobank U.A., New York Branch; Brown Brothers Harriman & Co., of New York; Bank Hapoalim B.M., of Israel; Mitsubishi International Corporation, of New York; ICBC Standard Bank Plc, of England and Wales; Techemet Metal Trading LLC, of Texas; Woodforest National Bank, of Texas, and Hain Capital Investors Master Fund Ltd., of the Cayman Islands v. Crowe LP, an accounting firm in Florida and a member of Switzerland-based Crowe Global, at the U. S. District Court for the Southern District of Florida.

Robert Patraulea v. Council of the Cayman Islands Institute of Professional Accountants: Judgment

July 22, 2019 - Judgment in Robert Patraulea, a citizen of Canada residing in the Cayman Islands v. The Council of the Cayman Islands Institute of Professional Accountants at the Grand Court of the Cayman Islands.

Carter Backer Winter LLP v. Cranborne Enterprises Ltd.: Liquidation Application

July 11, 2019 - Originating Application for the appointment of liquidators based in Bermuda and the British Virgin Islands in Carter Backer Winter LLP, an accounting and business advisory firm based in the United Kingdom v. Cranborne Enterprises Limited at the British Virgin Islands High Court.

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.