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

CHINA

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Elissa Hess v. Alibaba Group Holdings Ltd. et al: Class Action Complaint

January 07, 2021 - Class Action Complaint alleging securities fraud in Elissa Hess, as Trustee for the EH Living Trust v. Alibaba Group Holding Limited, described as a Cayman Islands company, based in Hong Kong which is "the largest e-retailer in the world" and whose securities are listed on the New York Stock Exchange; Daniel Zhang, and Maggie Wu at the U. S. District Court for the Southern District of New York.

Adamas Asia Strategic Opportunity Fund Ltd. v. Mark Hibbs: Writ of Summons

January 04, 2021 - Writ of Summons in Adamas Asia Strategic Opportunity Fund Limited (in Official Liquidation) v. Mark Ashley Hibbs, of Hong Kong, at the Grand Court of the Cayman Islands.

Adamas Asia Strategic Opportunity Fund Ltd. v. Takeshi Kadota: Writ of Summons

January 04, 2021 - Writ of Summons in Adamas Asia Strategic Opportunity Fund Limited (in Official Liquidation) v. Takeshi Kadota, of Japan, at the Grand Court of the Cayman Islands.

Adamas Asia Strategic Opportunity Fund Ltd. v. Adamas Global Alternative Investment Management Inc.: Writ of Summons

January 04, 2021 - Writ of Summons in Adamas Asia Strategic Opportunity Fund Limited (in Official Liquidation) v. Adamas Global Alternative Investment Management Inc. at the Grand Court of the Cayman Islands.

Huifu Limited: Petition

January 04, 2021 - Petition seeking the Court's sanction for a Scheme of Arrangement in the matter of Huifu Limited, described as a Cayman Islands company based in China and Hong Kong that is "a leading independent third party payment service provider in the PRC", at the Grand Court of the Cayman Islands.

Evenstar Master Fund SPC et al v. Jing Cao Mo: Discovery Application

December 24, 2020 - Application by Evenstar Master Fund SPC and Evenstar Special Situations Limited, both of the Cayman Islands, to take discovery from Jing Cao Mo for use in legal proceedings in the Cayman Islands alleging "self-dealing" by her husband, Vincent Mo, filed at the U. S. District Court for the District of Nevada.

Freeman FinTech Corporation Ltd.: 'Scheme of Arrangement' Petition

December 16, 2020 - Petition for Scheme of Arrangement in the matter of Freeman FinTech Corporation Limited at the Grand Court of the Cayman Islands.

SEC v. Luckin Coffee Inc.: Consent Motion For $180M Judgment

December 16, 2020 - Consent Motion for Entry of Final Judgment requiring the payment of a civil penalty of $180 million in U. S. Securities and Exchange Commission v. Luckin Coffee Inc., of the Cayman Islands, at the U. S. District Court for the Southern District of New York.

SEC v. Luckin Coffee Inc.: Complaint

December 16, 2020 - Complaint alleging fraud in U. S. Securities and Exchange Commission v. Luckin Coffee Inc., described as "a retail coffee provider incorporated in the Cayman Islands with its principal place of business in the Siming District, Xiamen, Fujian, China" and whose securities are listed on NASDAQ, at the U. S. District Court for the Southern District of New York.

Toridoll Holdings Corporation v. Toridoll and Heyi Group Company Ltd.: Winding Up Petition

December 15, 2020 - Winding Up Petition in Toridoll Holdings Corporation, of Japan v. Toridoll and Heyi Group Company Limited, which "engages in the business of establishing, operating and managing a chain of stores and restaurants" in China, Hong Kong, and Singapore, at the Grand Court of the Cayman Islands.

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

BAHAMAS  
BERMUDA  
BRITISH VIRGIN ISLANDS  
CAYMAN ISLANDS  
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.