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New Hillcrest Inc.: Chapter 11 Petition

September 15, 2020 - Chapter 11 Petition by New Hillcrest Inc., a Cayman Islands company based in Beverly Hills, California, at the U. S. Bankruptcy Court for the Central District of California.

Grupo Aeroméxico SAB de CV et al: Chapter 11 Petition

June 30, 2020 - Chapter 11 Petition by Grupo Aeroméxico SAB de CV, Aerovías de México SA de CV, Aerolitoral SA de CV, and Aerovías Empresa de Cargo SA de CV, "collectively known as Mexico's 'global airline'", at the U. S. Bankruptcy Court for the Southern District of New York.

Pyxus International Inc. et al: Chapter 11 Petition

June 15, 2020 - Chapter 11 petition by Pyxus International Inc., Alliance One International, LLC, Alliance One North America, LLC, Alliance One Specialty Products, LLC, and GSP Properties, LLC, whose "principal business is the production and international sale of tobacco", at the U. S. Bankruptcy Court for the District of Delaware.

Skillsoft Corporation et al: Chapter 11 Petition

June 14, 2020 - Chapter 11 Petition by Skillsoft Corporation, SumTotal Systems LLC, Amber Holding Inc., MindLeaders, Inc., Accero, Inc., CyberShift, Inc., CyberShift Holdings, Inc., SSI Investments I Limited, Pointwell Limited, SSI Investments II Limited, SSI Investments III Limited, Skillsoft Limited, Skillsoft Ireland Limited, ThirdForce Group Limited, Skillsoft U.K. Limited, and Skillsoft Canada, Ltd. at the U. S. Bankruptcy Court for the District of Delaware.

GCX Ltd. v. Standard Chartered Bank: Complaint

June 11, 2020 - Complaint in GCX Limited, of Bermuda v. Standard Chartered Bank, of London, England, at the U. S. District Court for the District of Delaware.

LATAM Airlines Group SA et al: Chapter 11 Petition

May 26, 2020 - Chapter 11 Petition by LATAM Airlines Group S.A., Lan Cargo S.A., Transporte Aéreo S.A., Inversiones Lan S.A., Lan Pax Group S.A., Fast Air Almacenes de Carga S.A., LATAM Travel Chile II S.A., Technical Training LATAM S.A., Lan Cargo Inversiones S.A., Holdco Colombia I SpA, Holdco Colombia II SpA, Línea Aérea Carguera de Colombia S.A., Aerovías de Integración Regional S.A., Holdco Ecuador S.A., LATAM Finance Ltd., Peuco Finance Ltd., LATAM Airlines Perú, Inversiones Aéreas S.A., Mas Investment Ltd., Lan Cargo Overseas Ltd., LATAM Airlines Ecuador S.A., Professional Airline Cargo Services, LLC, Cargo Handling Airport Services, LLC, Connecta Corporation, Prime Airport Services Inc., Maintenance Service Experts, LLC, Lan Cargo Repair Station LLC, Professional Airline Maintenance Services LLC, and Professional Airlines Services Inc., collectively described as "Latin America's leading airline group, with a history extending back ninety years, and boasting one of the largest route networks in the world", at the U. S. Bankruptcy Court for the Southern District of New York.

The Hertz Corporation et al: Chapter 11 Petition

May 22, 2020 - Chapter 11 Petition by The Hertz Corporation, The Hertz Corporation, CMGC Canada Acquisition ULC, Dollar Rent A Car, Inc., Dollar Thrifty Automotive Group Canada Inc., Dollar Thrifty Automotive Group, Inc., Donlen Corporation, Donlen Fleet Leasing Ltd., Donlen FSHCO Company, Donlen Mobility Solutions, Inc., DTG Canada Corp., DTG Operations, Inc., DTG Supply, LLC, Firefly Rent A Car LLC, Hertz Aircraft, LLC, Hertz Canada Limited, Hertz Car Sales LLC, Hertz Global Holdings, Inc., Hertz Global Services Corporation, Hertz Local Edition Corp., Hertz Local Edition Transporting, Inc., Hertz System, Inc., Hertz Technologies, Inc., Hertz Transporting, Inc., Rental Car Group Company, LLC, Rental Car Intermediate Holdings, LLC, Smartz Vehicle Rental Corporation, Thrifty Car Sales, Inc., Thrifty Rent-A-Car System, LLC, Thrifty, LLC, and TRAC Asia Pacific, Inc. at the U. S. Bankruptcy Court for the District of Delaware.

Avianca Holdings SA et al: Chapter 11 Petition

May 10, 2020 - Chapter 11 Petition by Avianca Holdings SA, Aero Transporte de Carga Unión, S.A. de C.V., Aeroinversiones de Honduras, S.A., Aerovías del Continente Americano S.A., Avianca Airlease Holdings One Ltd., America Central (Canada) Corp., America Central Corp., AV International Holdco S.A., AV International Holdings S.A., AV International Investments S.A., AV International Ventures S.A., AV Investments One Colombia S.A.S., AV Investments Two Colombia S.A.S., AV Taca International Holdco S.A., Avianca Costa Rica S.A., Avianca Holdings S.A., Avianca Leasing, LLC, Avianca, Inc., Avianca-Ecuador S.A., Aviaservicios, S.A., Aviateca, S.A., Avifreight Holding Mexico, S.A.P.I. de C.V., C.R. Int'l Enterprises, Inc., Grupo Taca Holdings Limited, International Trade Marks Agency Inc., Inversiones del Caribe, S.A., Isleña de Inversiones, S.A. de C.V., Latin Airways Corp., Latin Logistics, LLC, Nicaraguense de Aviación, Sociedad Anónima (Nica, S.A.), Regional Express Américas S.A.S., Ronair N.V., Servicio Terrestre, Aereo y Rampa S.A., Servicios Aeroportuarios Integrados SAI S.A.S., Taca de Honduras, S.A. de C.V., Taca de México, S.A., Taca International Airlines S.A., Taca S.A., Tampa Cargo S.A.S., Technical and Training Services, S.A. de C.V., collectively described as "the second-largest airline group in Latin America", filed at the U. S. Bankruptcy Court for the Southern District of New York.

SPS Corp I - Fundo de Investimento em Direitos Creditórios Não Padronizados v. Citibank et al: Discovery Application

May 07, 2020 - Application by SPS Corp I - Fundo de Investimento em Direitos Creditórios Não Padronizados, described as "a Brazilian special purpose fund owned by passive investors and exclusively managed by the company SPS Capital Gestão de Recursos Ltda.", to take discovery from Citibank, N.A., The Bank of New York Mellon Corporation, Société Générale, HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Barclays Bank, Bank of America, N.A., Wells Fargo Bank, N.A., The Clearing House Payments Company LLC, The Claridge’s Company LLC, Manhattan Skyline Management Corp., Gabrielle Miranda Fischer, LIM College, Katherine Holman, Humphrey Willard, Andrew M. Klinger, Langen & Langen, P.A., Katz & Matz, P.C., and Tellulah LLC for use in legal proceedings in São Paulo, Brazil involving Eduardo Fischer, described as "a well-known figure of the Brazilian advertising industry" who is suspected of "concealing his assets to defraud his creditors" using entities in Angola, Argentina, Brazil, British Virgin Islands, Colombia, Delaware, Florida, and Portugal, filed at the U. S. District Court for the Southern District of New York.

John Varvatos Enterprises Inc. et al: Chapter 11 Petition

May 06, 2020 - Chapter 11 Petition by John Varvatos Enterprises Inc., John Varvatos Apparel Corp., and Lion/Hendrix Corporation, which are all owned by Cayman Islands-domiciled Lion/Hendrix Cayman Limited, at the U. S. Bankruptcy Court for the District of Delaware.

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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.