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deVere USA ordered to pay legal costs of ex-CEO accused of fraud

January 15, 2019 - Investment advisor deVere USA, Inc., whose clients are primarily British expatriates, has been ordered to pay the legal fees and costs of former CEO Benjamin Alderson who is being sued for fraud by the SEC at federal court in New York.

Benjamin Alderson v. deVere USA, Inc.: Arbitration Award

January 14, 2019 - Letter providing court with copy of arbitration award in Benjamin Alderson v. deVere USA, Inc. at the U. S. District Court for the Southern District of New York.

Track Group Inc. v. ICS of the Bahamas Co. Ltd.: Motion to Confirm Arbitration Award

January 08, 2019 - Motion to Confirm Arbitration Award and Vacate Corrected Award in Track Group Inc., formerly known as SecureAlert Inc., v. I.C.S. of the Bahamas Co. Ltd. at the U. S. District Court for the District of Puerto Rico.

Benjamin Alderson v. deVere USA Inc.: Letter Motion

January 07, 2019 - Motion to Compel deVere USA, Inc. to Pay JAMS arbitration fees in order to release an arbitration award in Benjamin Alderson v. deVere USA Inc. at the U. S. District Court for the Southern District of New York.

Great Western Insurance Company v. Alpha Re Ltd. et al: Second Amended Complaint

December 19, 2018 - Second Amended Complaint in Great Western Insurance Company v. Mark Graham, Donald Solow, Blue Capital Management, Inc., Blue Alternative Asset Management LLC, Wilmington Savings Fund Society FSB, Christiana Trust, Regatta Holdings LLC, Cygnet 001 Master Trust, Cygnet 001 Master Trust Series 2011-A, Cygnet 001 Master Trust Series 2011-C, Cygnet 001 Master Trust Series 2013-A, Alpha Re Limited, Alpha Re (Cayman) Limited, Atlantic Specialty Finance, Blue Elite Fund Ltd., Blue Elite Fund LP, Blue II Ltd., Sancus Capital Blue Credit Opportunities Fund Ltd., Ability Insurance Company, John Drake, Edward Brendan Lynch, Gregory Tolaram, Advantage Capital Holding LLC, Dan Cathcart, and Kenneth King at the U. S. Bankruptcy Court for the Southern District of New York.

Tony O'Reilly: Chapter 15 Petition

December 11, 2018 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Bahamas by Alastair Beveridge, as the Foreign Representative of Anthony John O'Reilly, at the U. S. Bankruptcy Court for the Western District of Pennsylvania.

Foreign Register Ltd. v. BVI Registrar of Corporate Affairs: Restoration Application

November 29, 2018 - Fixed Date Claim Form in Foreign Register Limited v. The Registrar of Corporate Affairs regarding Charington Investments Ltd. at the British Virgin Islands High Court.

Biscayne Capital Holdings Ltd. et al: Chapter 15 Petition

November 27, 2018 - Chapter 15 Petition for Recognition of Foreign Main Proceedings in Bermuda, the British Virgin Islands, and the Cayman Islands by Hadley Chilton, Michael Pearson, and Stephen Briscoe, as Foreign Representatives of North Pointe Holdings (BVI) Ltd., Biscayne Capital (BVI) Ltd., Vanguardia Holdings Ltd., Spyglass Investment Management Ltd., Vanguardia Group Inc., Sports Aficionados Ltd., SG Strategic Income Ltd., GMS Global Market Step Up Note Ltd., Diversified Real Estate Development Ltd., Preferred Income Collateralized Interest Ltd., Sentinel Investment Fund SPC, and Biscayne Capital Holdings Limited, at the U. S. Bankruptcy Court for the Southern District of Florida.

Emmerson International Corp. v. Renova Holding Ltd.: Freezing Injunction

November 19, 2018 - Freezing Injunction in Emmerson International Corporation v. Renova Holding Limited t the British Virgin Islands High Court.

David Munoz v. Deltec International Group et al: Writ of Summons

November 16, 2018 - Writ of Summons in David Munoz v. Deltec International Group, International Financial Services Group, Hold and Opt Investments Limited, and Mercurio Limited at the Grand Court of the Cayman Islands.

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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.