OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

FINANCE

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Swiss regulator issues public warning against SEK Capital SA

August 23, 2019 - The Swiss Financial Market Supervisory Authority has issued a "Public Warning" against asset manager SEK Capital SA, which is operated by Kerstin Moleman, of Germany, and Simone Rastelli, of Italy.

SEK Capital SA: Public Warning

August 22, 2019 - Public Warning by the Swiss Financial Market Supervisory Authority regarding SEK Capital SA, which is operated by Kerstin Moleman, a citizen of Germany, and Simone Rastelli, a citizen of Italy.

Nissan Motor Co. Ltd. v. Carlos Ghosn et al: Preservation Order

August 21, 2019 - Order in Nissan Motor Co. Ltd., of Japan v. Carlos Ghosn, a citizen of Brazil, France and Lebanon and a former chairman and CEO of Nissan; his wife, Carole Nahas Ghosn, and Beauty Yachts Pty Ltd., of the British Virgin Islands, as Respondents, and Virgin Islands Shipping Registry, and Hauteville Trust (BVI) Limited, as Third Parties, at the British Virgin Islands High Court.

Stephen Merz v. Burford Capital Ltd. et al: Class Action Complaint

August 21, 2019 - Class Action Complaint for alleged securities fraud in Stephen Merz v. Burford Capital Limited, a litigation funding company domiciled in Guernsey, based in England; Peter Middleton, Burford's Chairman during the Class Period; Christopher Bogart, Burford's CEO; Jonathan Molot, Burford's Chief Investment Officer, and Charles Parkinson, a Burford Director,  at the U. S. District Court for the Eastern District of New York.

Wembley Ltd. et al v. Webster Bank et al: Discovery Application

August 20, 2019 - Application by Nicholas Carter, as Receiver for Sutton Ltd. and Wembley Ltd., both of the British Virgin Islands, to take discovery from Webster Bank NA and Elizabeth Wyckoff, for use in legal proceedings in the British Virgin Islands involving The Bank of Nova Scotia Trust Company (Bahamas) Limited, as Trustee of the Southampton Trust, Portsmouth Trust, and Battersea Trust, filed at the U. S. District Court for the District of Connecticut.

Richard Targett-Adams: Findings & Sanctions

August 19, 2019 - Order Instituting Administrative Proceedings, Making Findings, & Imposing Remedial Sanctions in the Matter of Richard Targett-Adams, a resident of France, regarding Wintercap SA, of Switzerland, before the U. S. Securities and Exchange Commission.

Rajindersingh Borthosow: Public Notice of Cancellation of Disqualification

August 19, 2019 - Public Notice by the Mauritius Financial Services Commission regarding the cancellation of the disqualification of Rajindersingh Borthosow.

Wembley Ltd. et al v. Citi Private Bank: Discovery Application

August 19, 2019 - Application by Nicholas Carter, as Receiver for Sutton Ltd. and Wembley Ltd., to take discovery from Citi Private Bank, of New York, NY, for use in legal proceedings in the British Virgin Islands involving The Bank of Nova Scotia Trust Company (Bahamas) Limited, as Trustee of the Southampton Trust, Portsmouth Trust, and Battersea Trust, filed at the U. S. District Court for the Southern District of New York.

Privilege Wealth's US law firm withdraws due to administration's 'lack of funds'

August 19, 2019 - New Jersey law firm Cole Schotz has withdrawn from representing the United Kingdom-based administrators of Privilege Wealth Plc due to there being insufficient funds to pay legal fees.

Trident Trust Company (BVI) Ltd. v. Frederick Woodbridge, Jr., PA: Complaint

August 16, 2019 - Complaint in Trident Trust Company (BVI) Ltd., of the British Virgin Islands v. Frederick Woodbridge, Jr., PA, a law firm based in Miami, Florida, at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida

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.

View Recent Digests

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.