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PES Holdings LLC et al v. Allianz Global Risks US Insurance Co. et al: Complaint

February 12, 2020 - Complaint to recover insurance "arising out of a catastrophic incident" whose losses "will likely exceed" $1.25 billion in PES Holdings LLC, North Yard GP, LLC, North Yard Logistics LP, PES Administrative Services, LLC, PES Energy Inc., PES Intermediate, LLC, PES Ultimate Holdings, LLC, and Philadelphia Energy Solutions Refining and Marketing LLC v. Allianz Global Risks US Insurance Company, of Illinois; AXA Corporate Solutions Assurance, of France; Lloyd's of London Underwriters, of England; General Security Indemnity Company of Arizona, Great Lakes Insurance SE, of Germany; HDI Global Insurance Company, of Illinois; HDI Global Specialty SE, of Germany; Helvetia Swiss Insurance Company in Liechtenstein Ltd., of Liechtenstein; Lancashire Insurance Company (UK) Limited, of England; Liberty Mutual Insurance Company, of Massachusetts; Mapfre Re Compania de Reaseguros, SA, of Spain; PartnerRe Ireland Insurance DAC, of Ireland; Starr Technical Risks Agency, Inc., of New York; Westport Insurance Corporation, of Missouri; XL Insurance America, Inc., of Connecticut, and Zurich American Insurance Company, of New York, at the U. S. Bankruptcy Court for the District of Delaware.

Harneys v. Sky Solar Holdings, Ltd.: Stop Notice

August 22, 2018 - Stop Notice by Harney Westwood & Riegels regarding shares in Sky Solar Holdings, Ltd. owned by Weili Su, filed at the Grand Court of the Cayman Islands.

Islands Taste Ltd.: 'Court Supervision' Petition

October 25, 2013 - Petition for Court Supervision of a Voluntary Liquidation in the matter of Islands Taste Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Bristol Investment Fund Ltd. et al v. Black Forest International LLC et al: Complaint

July 22, 2011 - Complaint filed by Bristol Investment Fund Ltd., Alpha Capital Anstalt, Whalehaven Capital Fund Ltd., Ellis International Ltd., and Centurion Microcap LP against Black Forest International LLC, Noctua Fund LP,  Mark Lee Baum and James Panther at the U. S. District Court for the Southern District of Florida.

Allied World seeks return of legal defense payments from former Refco officers

August 02, 2010 - Allied World Assurance has filed an action against two former officers of fraudulently operated Refco Capital Markets and one of Refco's insurers, XL Capital, in an attempt to recover more than $1 million in claims paid towards the legal defense

US subcontractor sues Aspen Insurance subsidiary for $384,000

April 16, 2009 - A California based subcontractor is suing a British subsidiary of Bermuda based Aspen Insurance Holdings Ltd. for damages of at least $384,000, alleging the insurer refused to meet a litigation related claim. Pengilly Masonry, Inc., a California corporation, filed a

Key Anti-Money Laundering Provisions of USA's new Anti-Terrorism Bill

November 30, 2001 - The new Anti Terrorism Bill that has been passed into law in the United States will make it more difficult for offshore entities to operate bank accounts in the U.S.Under the new law, all U.S. financial institutions must establish anti

US Supreme Court line-item veto ruling good for firms with offshore subsidiaries

June 30, 1998 - Financial services firms with operating subsidiaries offshore will save tens of millions of dollars in taxes this year after the Supreme Court decided to strike down President Bill Clinton’s line-item veto over the US Government’s Budget.

US seeks to extend legal powers over foreign countries

June 30, 1998 - Major legislation has been introduced to US Congress that would extend the power of the US authorities to apply its money laundering laws and penalties in other countries.The proposed laws, which were tabled in April, has the support of both Democrats and Republicans, according to a report in Miami-based newsletter Money Laundering Alert.

Cayman governor promises to recognize fiscal offences

June 30, 1998 - Cayman governor John Owen appears to have secretly promised the UK government that Cayman will change its law to allow foreign investigations of tax evasion.That is the startling revelation disclosed in the minutes of a meeting of the Public Accounts Committee of the UK government held in London on December 15, 1997.

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.