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Customs and Tax Consultancy LLC v. DR Congo: Judgment Registration

June 02, 2021 - Registration of a Judgment for $96 million in Customs and Tax Consultancy LLC, of Delaware v. Democratic Republic of Congo at the U. S. District Court for the District of Columbia.

USA v. Arturo Carlos Murillo Prijic: Criminal Complaint

May 24, 2021 - Criminal Complaint for allegedly conspiring to launder the proceeds of corruption in Bolivia in USA v. Arturo Carlos Murillo Prijic, described as "a citizen of bolivia and the Minister of Government of Bolivia", at the U. S. District Court for the Southern District of Florida.

USA v. Luis Berkman et al: Criminal Complaint

May 20, 2021 - Criminal Complaint alleging conspiracy to commit money laundering involving "bribery of a public official and public servant" in USA v. Luis Berkman, a citizen of the United States; Bryan Samuel Berkman, a citizen of the United States; Philip Lichtenfeld, a United Sates citizen of the United States residing in Argentina, and Sergio Rodrigo Mendez Mendizabal, described as "a citizen of Bolivia who served as an official in the Bolivian Ministry of Government from at least in or around 2019 through at least in or around 2020", at the U. S. District Court for the Southern District of Florida.

BV Airways Inc. et al v. BVI Government: Arbitration Award Announcement

May 14, 2021 - Press Release by the British Virgin Islands Government announcing that it has "successfully defeated a claim worth in excess of $10 million from those behind a project to connect Miami and Tortola with direct flights following a seven day arbitration in March 2021".

Cairn Energy Plc et al v. Air India Ltd.: Complaint

May 14, 2021 - Complaint "to determine and resolve questions of actual controversy involving the relationship between India's wholly-owned national airline, Air India, and India, and in particular, whether Air India is the alter ego of India" and for "a money judgment adjudging that Air India is jointly and severally liable to satisfy the judgment Plaintiffs expect to be awarded against India based on a pending petition to confirm an arbitration award" for $1.2 billion in Cairn Energy Plc and Cairn UK Holdings Limited, both of Scotland v. Air India Ltd., of India, at the U. S. District Court for the Southern District of New York.

Dominicana Renovables SL v. Dominican Republic: Petition to Confirm Arbitral Award

May 11, 2021 - Petition to Confirm In Part and Set Aside In Part An Arbitral Award regarding "a contract between Dominicana Renovables and the Dominican Republic to develop and operate a wind energy complex in a remote area in the Dominican Republic" known as "the “Isabela Wind Energy Complex", in Dominicana Renovables SL v. Dominican Republic at the U. S. District Court for the Southern District of Florida.

Olin Holdings Ltd. v. State of Libya: Notice of Removal

May 10, 2021 - Notice of Removal, including a copy of the the petition to confirm an arbitration award, by the State of Libya in Olin Holdings Limited, of Cyprus v. State of Libya at the U. S. District Court for the Southern District of New York.

USA v. MoneyGram: 'John Doe' Summons Petition

May 04, 2021 - Ex Parte Petition for Leave to Serve 'John Doe' Summons as part of an IRS investigation into U.S. taxpayers who are suspected of tax evasion using the services of Panama Offshore Legal Services, described as "a Panamanian firm that assists clients in concealing their beneficial ownership of assets", in USA v. MoneyGram Payment Systems Inc. at the U. S. District Court for the District of Minnesota.

USA v. Western Union: 'John Doe' Summons Petition

May 04, 2021 - Ex Parte Petition for Leave to Serve 'John Doe' Summons as part of an IRS investigation into U.S. taxpayers who are suspected of tax evasion using the services of Panama Offshore Legal Services, described as "a Panamanian firm that assists clients in concealing their beneficial ownership of assets", in USA v. Western Union Financial Services Inc. at the U. S. District Court for the District of Colorado.

USA v. Federal Express et al: 'John Doe' Summonses Petition

May 04, 2021 - Ex Parte Petition for Leave to Serve 'John Doe' Summonses as part of an IRS investigation into U.S. taxpayers who are suspected of tax evasion using the services of Panama Offshore Legal Services, described as "a Panamanian law firm that has been providing offshore services since 2000", allegedly offering legal structures formed in several jurisdictions, including Belize, the British Virgin Islands, Delaware, Nevis, Nevada, Panama, Saint Vincent and the Grenadines, and Switzerland, in USA v. Federal Express Corporation, a.k.a. FedEx Express; Fed Ex Ground Package System, Inc., a.k.a. FedEx Ground; DHL Express (USA), Inc., United Parcel Service, Inc., the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, N.A., Citibank, N.A., Wells Fargo Bank, N.A., and Bank of America, N.A. 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.