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Food Delivery Holding 12 Sarl v. DeWitty and Associates CHTD: Discovery Application

January 06, 2021 - Application by Food Delivery Holding 12 Sarl, of Luxembourg, to take discovery from DeWitty and Associates CHTD "for use in an international arbitration brought by Mr. Ebrahim Al-Jassim against FDH (and two other respondents) pursuant to the arbitration rules of the Dubai International Finance Centre-London Court of International Arbitration", filed at the U. S. District Court for the District of Columbia.

Neoma Manager (Mauritius) Ltd. v. Neoma Global Growth Markets Fund (B) LP et al: Writ of Summons

January 05, 2021 - Writ of Summons in Neoma Manager (Mauritius) Limited, as the Manager of Neoma Private Equity Fund IV LP v. Neoma Global Growth Markets Fund (B) LP, Bicorp S.A.L., of Lebanon; Crown Global Secondaries III Plc, of Ireland; Falcon Flight LLC, of New York, NY; Raghida Ghandour, of Dubai, and The Public Institution for Social Security, of Kuwait, at the Grand Court of the Cayman Islands.

Mustafa Abdel Wadood: Industry Ban

December 22, 2020 - Administrative Order by the U. S. Securities and Exchange Commission imposing an industry ban on Mustafa Abdel Wadood, described as a citizen of Egypt, for "the misappropriation of fund assets from one private equity fund client of the Abraaj Group and an offering fraud against investors in another Abraaj fund".

ExecuJet MRO Services Middle East FZCO v. Unisol Holdings Ltd.: Winding Up Petition

December 18, 2020 - Winding Up Petition in ExecuJet MRO Services Middle East FZCO, of Dubai v. Unisol Holdings Ltd., described as a Cayman Islands-domiciled "special purpose vehicle established for the sole purpose of owning a Hawker 125-800 aircraft", at the Grand Court of the Cayman Islands.

Inter-M Traders Ltd. v. Sean Kelleher: Complaint

December 15, 2020 - Complaint in Inter-M Traders Ltd., of Cyprus v. Sean Kelleher, described as a resident of Dubai, at the Superior Court for the State of California, for the County of Los Angeles.

SKAT v. Bell Rock Group Financial Services Ltd. et al: Judicial Assistance Order

December 14, 2020 - Order granting a request for international judicial assistance to obtain evidence in the Cayman Islands from Bell Rock Group Financial Services Limited, Campbell Corporate Services Limited, CO Services Cayman Limited, DMS Corporate Services Ltd., Forbes Hare Trust Company Limited, Genesis Trust & Corporate Services Ltd., Harneys Services (Cayman) Limited, now known as Harneys Fiduciary (Cayman) Limited; Intertrust Corporate Services (C.I.) Limited, now known as Intertrust Corporate Services (Cayman) Limited; Ocorian (Cayman) Limited, Sterling Trust (Cayman) Limited, Trident Trust Company (Cayman) Limited, Vistra (Cayman) Limited, and Walkers Corporate Limited for legal proceedings in Canada, Dubai, England, Malaysia, and the USA brought by Skatteforvaltningen, a.k.a. SKAT, which is Denmark's tax collection agency, issued at the Grand Court of the Cayman Islands.

First Monolith Inc. v. Citibank N.A. et al: Discovery Application

December 09, 2020 - Application by First Monolith Inc. to take discovery from Citibank N.A., The Bank of New York Mellon, Société Générale, New York, HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Barclays Bank PLC, Deutsche Bank Trust Co. Americas, Bank of Nova Scotia, UBS AG, Bank of America, N.A., Standard Chartered Bank US, Commerzbank AG US and The Clearing House Payments Company, LLC for use in a "contemplated proceeding" in Singapore "against Canwell Commerce Pte. Ltd." for suspected fraud, filed at the U. S. District Court for the Southern District of New York.

Food Delivery Holding 12 Sarl v. GitHub, Inc.: Discovery Application

November 24, 2020 - Application by Food Delivery Holding 12 Sarl, of Luxembourg, to take discovery from GitHub, Inc. "for use in an international arbitration brought by Mr. Ebrahim Al-Jassim against FDH (and two other respondents) pursuant to the arbitration rules of the Dubai International Finance Centre-London Court of International Arbitration", filed at the U. S. District Court for the Northern District of California.

'Remove document about Arion Metals or we sue,' writes 'ajithh'

November 24, 2020 - Letter to OffshoreAlert from "ajithh" demanding the removal of a document regarding Arion Metals FZE, which is domiciled in Ras Al Khaimah, whose website describes it as being Dubai-based and "one of the fast growing ferrous and non-ferrous metals trading companies in UAE", and whose Managing Director, according to his LinkedIn profile, is Ajeet Rao.

Rolta International Inc. et al: Chapter 11 Petition

October 29, 2020 - Chapter 11 Petition by Rolta International, Inc., of Huntsville, Alabama; Rolta LLC, of Alpharetta, Georgia; Rolta Americas LLC, of Alpharetta, Georgia; Rolta Global B.V., of the Netherlands; Rolta Middle East FZ-LLC, of Dubai, and Rolta UK Limited, of Reading, England, at the U. S. Bankruptcy Court for the Northern District of Alabama.

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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British 'crypto-friendly' travel booking firm Travala facing strike-off
UPDATED: Shortly after OffshoreAlert reported that British 'blockchain-based, cryptocurrency-friendly' online travel booking start-up Travala, which has raised over £2 million from investors and is now owned by a Cayman Islands firm, was facing compulsory strike off for failure to file its accounts, the firm filed unaudited "Micro-entity Accounts" with Companies House that contained scant details.
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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.