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Helena Chartering Inc. v. The Bank of New York Mellon et al: Discovery Application

November 18, 2019 - Application by Helena Chartering Inc., of the Bahamas, to take discovery from The Bank of New York Mellon, Deutsche Bank Trust Company Americas, a.k.a. Deutsche Bank USA; Wells Fargo Bank NA, and Citibank NA for use in contemplated legal proceedings in Greence against Liberia-domiciled Cronus Maritime Inc., filed at the U. S. District Court for the Southern District of New York.

HSBC Bank Bermuda Ltd. v. Keith James et al: Judgment

November 15, 2019 - Judgment in HSBC Bank Bermuda Limited v. Keith Percival James and Keimon Lavan Lawrence at Bermuda Supreme Court.

Global Fidelity Bank Ltd. v. Natural Capital Ltd.: Writ of Summons

November 04, 2019 - Writ of Summons in Global Fidelity Bank Limited v. Natural Capital Limited at the Grand Court of the Cayman Islands.

Antigua & Barbuda Supervisory Authority v. Cresswell Overseas SA et al: Judgment (Oct. 2019)

October 30, 2019 - Judgment on Application for Leave to Appeal on a matter of "Great General or Public Importance" regarding the registration of a Brazilian freezing order known as "the Moro Order" in The Supervisory Authority v. Cresswell Overseas SA, of Panama, and Meinl Bank (Antigua) Ltd. regarding the Operation Car Wash investigation in Brazil, filed at the Antigua & Barbuda Court of Appeal.

Petróleos de Venezuela SA et al v. MUFG Union Bank NA et al: Complaint

October 29, 2019 - Complaint in Petroleos de Venezuela SA, of Venezuela; PDVSA Petróleo SA, of Venezuela, and PDV Holding Inc., of Delaware v. MUFG Union Bank NA, of California, and GLAS Americas LLC, described as a New York company based in England, at the U. S. District Court for the Southern District of New York.

Yuri Starostenko et al v. UBS AG: Complaint

October 25, 2019 - Complaint in Yuri Starostenko and Irina Tsareva, citizens of Russia residing in the Bahamas v. UBS AG, of the Bahamas, at the U. S. District Court for the Southern District of New York.

Karen Felderhof et al v. Butterfield Bank (Cayman) Ltd.: Originating Summons

October 23, 2019 - Originating Summons in Karen Marie Felderhof and Stephen Symons, as Trustees of the Deed of Settlement of J & I.F. (Settlors) v. Butterfield Bank (Cayman) Limited, formerly Bank of Butterfield International (Cayman) Ltd., as Outgoing Trustee of the Deed of Settlement of J & I.F (Settlors), at the Grand Court of the Cayman Islands.

Fidelity Bank (Cayman) Ltd. v. Shenea Whittaker: Writ of Summons

October 23, 2019 - Writ of Summons in Fidelity Bank (Cayman) Limited v. Shenea Alexa Whittaker at the Grand Court of the Cayman Islands.

BVI operator of Bitfinex crypto exchange seeks discovery in 'hunt for missing $880M of client funds'

October 20, 2019 - The BVI operator of Bitfinex cryptocurrency exchange, which was sued 12 days earlier for allegedly perpetrating a multi-billion dollar fraud, has applied to take discovery in California for a purported attempt to recover $880 million of client funds that its Swiss payments processor has allegedly failed to remit.

iFinex Inc. v. Citibank: Discovery Application

October 18, 2019 - Application by iFinex Inc., a British Virgin Islands-domiciled, Hong Kong-based company that operates the Bitfinex cryptocurrency exchange from Citibank NA for use in legal proceedings in Poland, Portugal, and the United Kingdom regarding an attempt to recover $880 million, filed at the U. S. District Court for the Central District of California.

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.