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Kazakhstan v. King & Spalding LLP: Discovery Application

March 19, 2020 - Application by the Republic of Kazakhstan to take discovery from King & Spalding LLP for use in criminal proceedings in Kazakhstan regarding suspected fraud, tax evasion, and money laundering involving Anatolie Stati and Gabriel Stati and "their group of affiliated companies which they have owned or controlled", including Ascom Group SA, of Moldova; Terra Raf Trans Traiding Ltd., of Gibraltar, and Hayden Intervest Limited, of the British Virgin Islands, filed at the U. S. District Court for the Southern District of New York.

Sky Stream Corp. v. Arkadiy Kats et al: Complaint

March 06, 2020 - Complaint alleging fraud, theft, conversion, and breach of fiduciary duty, in Sky Stream Corp., of the British Virgin Islands v. Arkadiy Kats, residing in Miami-Dade County, Florida;Alexander Pleshakov, described as "residing in Russia, somewhere in Europe or Azerbaijan"; Sergey Tkachenko, described as "residing in Russia and Switzerland"; The Behar Law Firm PA, Samuel M. Sheldon, and Howard R. Behar, all of Florida, at the U. S. District Court for the Southern District of Florida.

Tanzania Tanzil v. Lindsay Grant et al: Ruling

March 04, 2020 - Ruling regarding misappropriation, breach of trust, and breach of fiduciary duty in Tanzania Tobing Tanzil, an applicant under a "Citizenship by Investment Programme" v. Lindsay F.P. Grant and Jonel F. H. Powell, partners in the law firm of Grant, Powell & Co., at the High Court of Justice for Saint Kitts and Nevis.

Campbells v. Mara Investment Corporation SPC Ltd.: Winding Up Petition

February 27, 2020 - Winding Up Petition in Campbells, a Cayman Islands law firm v. Mara Investment Corporation SPC Limited at the Grand Court of the Cayman Islands.

Allen Stanford Receiver v. Greenberg Traurig: Order Approving Attorneys' Fees

February 25, 2020 - Order Approving Plaintiffs' Attorneys' Fees of $15.9 million under a 25% contingency fee arrangement in Ralph Janvey, as Receiver for the Stanford Receivership Estate; The Official Stanford Investors Committee, Sandra Dorrell, Samuel Troice, and Michoacan Trust v. Greenberg Traurig, LLP and Greenberg Traurig P.A. at the U. S. District Court for the Northern District of Texas.

Carey Olsen Bermuda Ltd. v. Tawanna Wedderburn: Writ of Summons

February 03, 2020 - Specially Endorsed Writ of Summons in Carey Olsen Bermuda Limited v. Tawanna Wedderburn at Bermuda Supreme Court.

Fidelity National Title Insurance Company v. Trott & Duncan Ltd.: Ruling (January 17, 2020)

January 17, 2020 - Ruling regarding Defendant's application for a Stay of Proceedings in Fidelity National Title Insurance Company v. Trott & Duncan Limited at Bermuda Supreme Court.

Steven Slom v. Kenneth Rijock: Rijock Counsel's Motion to Withdraw

January 13, 2020 - Motion by the Law Offices of Dominquez & Associates PA to withdraw as counsel for Kenneth Rijock "regarding the payment of legal services" in Steven Slom, of Israel v. Kenneth Rijock at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Shigekazu Torikai v. Google LLC: Discovery Application

January 07, 2020 - Application by Shigekazu Torikai, a lawyer in Japan, to take discovery from Google LLC for use in contemplated legal proceedings in Japan "for trespass, privacy invasion, unlawful business interference under Japanese civil law, related torts, and to prevent harm to Mr. Torikai, his staff or clients", filed at the U. S. District Court for the Northern District of California.

SEC-targeted fund sues law firm for advising that 'Crypto Assets are not securities'

January 02, 2020 - US law firm Faegre Baker Daniels is being sued for legal malpractice for allegedly advising a cryptocurrency fund that "Crypto Assets are not securities", only for the Fund - controlled by Timothy Enneking - to be later targeted by the SEC, eventually paying $200,000 to settle an Enforcement Action.

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.