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

CANADA

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Peraso Technologies Inc.: Chapter 15 Petition

June 03, 2020 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Brian Denega, of Ernst & Young, as the Foreign Representative of Peraso Technologies Inc., at the U. S. Bankruptcy Court for the Southern District of New York.

Leif-Erik Hvide v. Holt Financial Ltd. et al: Complaint

June 01, 2020 - Complaint alleging breach of contract, unjust enrichment, fraudulent inducement, and conspiracy to defraud in Leif-Erik Hvide, of Brazil v. Holt Financial Ltd., of the Bahamas; Holdun Family Office (Bahamas) Limited, of the Bahamas; Holt Accelerator Inc., of Canada; Holt Accelerator LP, of Canada; Brendan Holt Dunn, of the Bahamas; Margaret 'Maggie' Dunphy, Jan Christopher Arp, and Gordon Dempsey, all of Canada, at the U. S. District Court for the Southern District of Florida.

First Class Crypto Inc. et al: Settlement of Allegations

May 28, 2020 - Order Approving Settlement in Ontario Securities Commission v. First Class Crypto Inc., Johnathan Harris, Mitchell Carnie, and Neill Kross regarding an investment offering "to purchase computing hardware that mines crypto assets".

First Class Crypto Inc. et al: Statement of Allegations

May 27, 2020 - Statement of Allegations against First Class Crypto Inc., Johnathan Harris, Mitchell Carnie, and Neill Kross regarding "false or misleading statements" when raising C$365,000 from investors purportedly "to purchase computing hardware that mines crypto assets", at the Ontario Securities Commission.

Derek Oatway et al v. Aegis Defense Services LLC et al: Discovery Application

May 22, 2020 - Petition by Derek James Oatway, Innovative Support Services Limited, James Ouya Omwando, Patrick Gerard Grant, and Derek James Oatway and Erin Verneris, as Trustees for Parmesan Trust, to take discovery from Aegis-KK Security Burundi and Aegis Defense Services LLC, d.b.a. GardaWorld Federal Services," for use in "an ongoing proceeding before the London Court of International Arbitration", filed at the U. S. District Court for the Eastern District of Virginia.

The Hertz Corporation et al: Chapter 11 Petition

May 22, 2020 - Chapter 11 Petition by The Hertz Corporation, The Hertz Corporation, CMGC Canada Acquisition ULC, Dollar Rent A Car, Inc., Dollar Thrifty Automotive Group Canada Inc., Dollar Thrifty Automotive Group, Inc., Donlen Corporation, Donlen Fleet Leasing Ltd., Donlen FSHCO Company, Donlen Mobility Solutions, Inc., DTG Canada Corp., DTG Operations, Inc., DTG Supply, LLC, Firefly Rent A Car LLC, Hertz Aircraft, LLC, Hertz Canada Limited, Hertz Car Sales LLC, Hertz Global Holdings, Inc., Hertz Global Services Corporation, Hertz Local Edition Corp., Hertz Local Edition Transporting, Inc., Hertz System, Inc., Hertz Technologies, Inc., Hertz Transporting, Inc., Rental Car Group Company, LLC, Rental Car Intermediate Holdings, LLC, Smartz Vehicle Rental Corporation, Thrifty Car Sales, Inc., Thrifty Rent-A-Car System, LLC, Thrifty, LLC, and TRAC Asia Pacific, Inc. at the U. S. Bankruptcy Court for the District of Delaware.

JustFly Corp. et al: Chapter 15 Petition

May 22, 2020 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Christopher Cave, as the Foreign Representative of JustFly Corp., FlightHub Group Inc., FlightHub Service Inc., JustFly Inc., SSFP Corp., and 11644670 Canada Inc., at the U. S. Bankruptcy Court for the District of Delaware.

Hi-Med LLC v. i-Anthus Capital Holdings Inc. et al: Complaint

May 19, 2020 - Complaint alleging fraud in Hi-Med LLC, of Florida, described as "iAnthus' largest single shareholder" v. i-Anthus Capital Holdings Inc., described as a Canada-domiciled, New York-based "cannabis cultivation" firm whose shares are listed on the Canadian Stock Exchange; Gotham Green Partners LLC, based in Santa Monica, California; Hadley C. Ford, Julius John Kalcevich, Randy Maslow, Elizabeth Stavola, Robert Galvin, and Jason Adler at the U. S. District Court for the Southern District of New York.

Caja Paraguaya de Jubilaciones y Pensiones del Personal de Itaipu Binacional v. Stephanie Segarra: Discovery Application

May 18, 2020 - Application by Caja Paraguaya de Jubilaciones y Pensiones del Personal de Itaipu Binacional, of Paraguay, to take discovery from Stephanie Segarra for use in legal proceedings in Ontario, Canada, regarding an alleged "fraudulent scheme perpetrated by Antonio Duscio", filed at the U. S. District Court for the Northern District of Georgia.

ENTREC Corporation: Chapter 15 Petition

May 15, 2020 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Anthony Tillman, of Alvarez & Marsal Canada Inc., as the Foreign Representative of ENTREC Corporation, whose shares are listed on the Toronto Stock Exchange; ENTREC Alberta Ltd., ENT Capital Corp., ENTREC Cranes & Heavy Haul Inc., ENTREC Holdings Inc., ENT Oilfield Group Ltd., and ENTREC Services Ltd., at the U. S. Bankruptcy Court for the Southern District of Texas.

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.