June 11, 2021 - Public Notice by the Cyprus Securities Exchange Commission that it has temporarily disqualified Petar Gazivoda, of Cyprus; Dusko Knezevic, of Montenegro; Aleksandar Krtinic, of Serbia, and Ljiljana Dragicevic, of Montenegro, "from exercising professional activity related to the financial sector" for conduct regarding Cyprus-based investment firm Atlas Capital Financial Services Ltd.
June 11, 2021 - Public Notice by the Cyprus Securities Exchange Commission that it has imposed a fine of €160,000 on Atlas Capital Financial Services Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Atlas Capital Financial Services Ltd. was incorporated in Cyprus on December 6th, 2007, is in the process of being struck off, to which an objection has been made and that its directors are Aleksandar Krtinic, of Serbia; Ljiljana Dragicevic, of Montenegro; Petar Gazivoda, of Cyprus; Dusko Knezevic, a citizen of Montenegro, and Zinon Ypsaridis.
May 17, 2021 - Public Notice by the Cyprus Securities and Exchange Commission that "executive Board Members" Konstantin Yasnov, Vladimir Zalogin, and Ekaterina Zalogina have paid €100,000 to settle a regulatory investigation into Prior Capital Cy Ltd.
May 13, 2021 - Complaint to enforce "a foreign arbitral award ... in the amount of nearly $30 million" alleging fraud against "a New York based group of companies that are operated under the "Symbion Power" name who develop, build and operate power generation, transmission and distribution projects in the Middle East, Asia and Africa" in RSS Judgment Enforcement LLC, as the assignee of Rental Solutions and Services LLC v. Symbion Power Tanzania Ltd., of Tanzania; Symbion Power Holdings, LLC, of Delaware; Symbion Energy Holdings Limited, of Cyprus; Symbion Power, LLC, of Delaware; Symbion Power Africa, LLC, of Delaware; Symbion Power Services U.S., Inc., of Delaware; Paul Hinks, of New York; Richard Westbury, a.k.a. Richard Bethell, described as "a citizen of the United Kingdom", and R.W. Chelsea Holdings Ltd., of Cyprus, at the U. S. District Court for the Southern District of New York.
May 10, 2021 - Notice of Removal, including a copy of the the petition to confirm an arbitration award, by the State of Libya in Olin Holdings Limited, of Cyprus v. State of Libya at the U. S. District Court for the Southern District of New York.
May 05, 2021 - Application by Helios Ventures FZE, of Ajman, in the United Arab Emirates, to take discovery from VistaJet US Inc., Rhône Capital LLC, and Rhône Group LLC for use in "contemplated civil proceedings in the United Kingdom and Malta", filed at the U. S. District Court for the Southern District of New York.
April 29, 2021 - Public Notice by the Cyprus Securities and Exchange Commission that TeleTrade-DJ International Consulting Ltd., whose website states that it operates as an investment firm and forex broker, has paid €120.000 to settle a regulatory investigation. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that TeleTrade-DJ International Consulting Ltd. was incorporated in Cyprus on September 1st, 2010 and its directors are Nikolas Leventis, Inna Leonova, Giannakis Georgiou, and Giorgos Konstantinidis.
April 29, 2021 - Petition to Confirm, Recognize, and Enforce Foreign Arbitral Award totaling $7.5 million and CHF103,666 in Abalith Holdings Limited, of Cyprus v. Jostein Eikeland, described as a citizen of Norway residing in Boca Raton, Florida, USA, at the U. S. District Court for the Southern District of Florida.
April 21, 2021 - Judgment for hundreds of millions of dollars in favor of a "wife" who "has been the victim of a series of schemes designed to put every penny of the Husband's wealth beyond her reach" involving individuals, companies, and structures in Bermuda, Cyprus, Dubai, England, France, Isle of Man, Liechtenstein, Luxembourg, Panama, Russia, and Switzerland in Tatiana Akhmedova v. Farkhad Teimur Ogly Akhmedov, a citizen of Russia; Woodblade Limited, of Cyprus; Cotor Investment SA, of Panama; Qubo 1 Establishment, of Liechtenstein; Qubo 2 Establishment, of Liechtenstein; Straight Establishment, of Liechtenstein; Avenger Assets Corporation, of Panama; Counselor Trust Reg, of Liechtenstein, as Trustee of certain Trusts; Sobaldo Establishment, of Liechtenstein, as Trustee of certain Trusts; Temur Akhmedov, described as "a British citizen who lives in London", and Borderedge Limited, of Cyprus, at the High Court of Justice, for England and Wales.
April 19, 2021 - Writ of Summons in Pavel Cherkashin, who appears to be based in San Francisco, California, USA, individually and on behalf of GVA Capital Ltd. v. GVA Capital Ltd., of the Cayman Islands, and Odrison Investments Limited, described as a Cyprus company "controlled by ... Magomed Musaev, a Russian national domiciled in the Russian Federation", at the Grand Court of the Cayman Islands.
