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BCS Prime Brokerage Ltd. v. Simargl Capital: Winding Up Petition

December 19, 2018 - Winding Up Petition in BCS Prime Brokerage Limited v. Simargl Capital at the Grand Court of the Cayman Islands.

ABRAAJ General Partner VIII Ltd. v. ABRAAJ SPV 124 Ltd. et al: Writ of Summons

October 19, 2018 - Writ of Summons in ABRAAJ General Partner VIII Limited, on behalf of Abraaj Private Equity Fund IV LP, Abraaj Buyout Fund IV (S) LP, and, derivatively, Mocha Education Holdings LP, v. ABRAAJ SPV 124 Limited, ADV 1 Limited, EDU MENA Holdings Cooperatief UA, and Thebes BV at the Grand Court of the Cayman Islands.

Iraq Telecom Ltd. v. Citibank NA et al: Judicial Assistance

October 05, 2018 - Ex Parte Application by Iraq Telecom Limited to conduct discovery from HSBC Bank (USA) NA, Standard Chartered International (USD) Ltd., The Bank of New York Mellon NA, and Wells Fargo Bank NA at the U. S. District Court for the Southern District of New York.

SEC v. Roger Knox et al: TRO Motion

October 02, 2018 - SEC's Motion for a Temporary Restraining Order in U. S. Securities and Exchange Commission v. Roger Knox, Wintercap SA, Michael T. Gastauer, WB21 US Inc., Silverton SA Inc., WB21 NA Inc., C Capital Corp., Wintercap SA Inc., and B2 Cap Inc., as defendants, and Raimund Gastauer, Simone Gastauer Foehr, and B21 Ltd., as relief defendants, at the U. S. District Court for the District of Massachusetts.

USA v. Roger Knox: Criminal Complaint

September 17, 2018 - Criminal Complaint in USA v. Roger Knox, a citizen of the United Kingdom, at the U. S. District Court for the District of Massachusetts.

Alcazar Capital Ltd. et al v. ACL ASEAN Tower Holdco Ltd.: Winding Up Petition

September 13, 2018 - Winding Up Petition in Alcazar Capital Limited, of Dubai, and Forest Capital Holdings Limited, of the British Virgin Islands, v. ACL ASEAN Tower Holdco Limited at the Grand Court of the Cayman Islands.

Cayman Court unseals dozens of cases after OffshoreAlert exposé

August 30, 2018 - In the first seven months of this year alone, the international business court of the Cayman Islands concealed 21 insolvency petitions in which the liabilities collectively exceeded $1.2 billion, including five against companies listed on foreign stock exchanges. Their existence is only now known because the Court unsealed dozens of cases after OffshoreAlert's exposé of its draconian secrecy practices.

Portmann Capital Management Ltd.: Regulatory Ban

August 22, 2018 - Ban on Portmann Capital Management Limited accepting new clients by the Malta Financial Services Authority.

Portmann Capital Management Ltd.: Regulatory Fine

August 14, 2018 - Regulatory Fine against Portmann Capital Management Limited by the Malta Financial Services Authority.

Grant Thornton (Chicago) & two US law firms sued over Providence Financial fraud

August 14, 2018 - Accountants Grant Thornton and law firms Cadwalader, Wickersham & Taft and Greene Espel are being sued for allegedly aiding and abetting a $150 million fraud perpetrated by the Providence Financial Group, which was primarily based in Guernsey, Miami, and Brazil.

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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.