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Cayman firms owned by US accused fraudsters go into liquidation

October 31, 2018 - Seven Cayman Islands firms whose beneficial owners appear to be accused fraudsters in the United States have gone into liquidation, joining affiliates in the British Virgin Islands and the Bahamas.

US construction group dck in $2.5M tax dispute with IRS over offshore operations

October 18, 2018 - Pennsylvania-based global construction firm dck worldwide has taken legal action against the IRS concerning a $2.5 million payroll tax dispute involving offshore companies in the Bahamas, Belize, Bermuda, Jamaica, Nevis, Palau, St. Lucia, St. Maarten, and the Turks and Caicos Islands.

dck Bermuda Ltd. et al v. USA: Complaint

October 16, 2018 - Complaint in dck International, LLC, dck worldwide holdings, Inc., dck worldwide, LLC, dck international SKN, Limited, dck Bermuda, Ltd., dck Dominica, Inc., dck St. Maarten N.V., dck Jamaica, LLC, dck Bahamas, Inc., dck TCI, Ltd., dck Palau Limited, LLC, dck caribbean holding Ltd., DCK Building Solutions Jamaica Limited, dck Belize, Limited, dck Building Solutions SL, Ltd., dck Staffing Services, LLC, dck development north america, LLC, Connecticut Studios, LLC, CTS Energy, LLC, dck development, LLC, dck Capital Solutions, LLC, Oakview dck LLC, dck California Construction, Inc., Zenith Equipment, LLC, Main Street Cranberry Management, LLC, Main Street Cranberry, LP, dck pacific region, LLC, dck global development, LLC, dck pacific construction, LLC, pacific guam, LLC, DCK Pacific, LLC, Terrace Pacific Insurance, Ltd., Terrace Guam, Ltd., and dck California Building, LLC v. USA at the U. S. District Court for the Southern District of Florida.

Sentinel Investment Fund SPC: Petition

October 05, 2018 - Petition In the Matter of Sentinel Investment Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

USA v. Egbert Koolman: Criminal Information

April 10, 2018 - Criminal Information in USA v. Egbert Koolman at the U. S. District Court for the Southern District of Florida.

SPV OSUS Ltd. v. HSBC Holdings Plc et al: Amended Complaint

March 28, 2018 - Amended Complaint in SPV OSUS Ltd. v. HSBC Holdings Plc, HSBC Bank Plc, HSBC Bank USA, NA, HSBC Securities Services (Bermuda) Limited, HSBC Institutional Trust Services (Bermuda) Limited, HSBC Bank Bermuda Limited, HSBC Securities Services (Luxembourg) SA, HSBC Bank (Cayman) Limited, HSBC Private Banking Holdings (Suisse) SA, HSBC Private Ban (Suisse) SA, HSBC Fund Services (Luxembourg) SA, Sonja Kohn, Mario Benbassat, Alberto Benbassat, Stephane Benbassat, 20:20 Medici AG, UniCredit Bank Austria AG, BA Worldwide Fund Management Ltd., UniCredit SpA, Herald Asset Management Limited, Eurovaleur, Inc., Pioneer Alternative Investment Management Limited, Alpha Prime Asset Management Ltd., Regulus Asset Management Limited, Carruba Asset Management Limited, Tereo Trust Company Limited, Genevalor Benbassat et Cie, Hermes Asset Management Limited, Thema Asset Management (Bermuda) Ltd., Thema Asset Management Limited, Equus Asset Management Limited, Equus Asset Management Partners, LP, Aurelia Fund Management Limited, Inter Asset Management Inc., T&M Trusteeship & Management Services SA, GTM Management Services Corp. NV, Aurelia Asset Management Partners, Cape Investment Advisors Limited, Erwin Kohn, and HSBC USA Inc. at The Supreme Court of the State of New York, County of New York.

Helix Investment Management, SLP v. Privilege Direct Corp. et al: Plaintiff's Response to Defendant's Motion to Stay

March 01, 2018 - Plaintiff's Response to Defendant's Motion to Stay in Helix Investment Management, SLP, on behalf of Helix Securitisation Fund Compartment 'Privilege Wealth' v. Privilege Direct Corp., Oliphant Financial Group, LLC, Oliphant Financial Corporation, and Robert A. Morris at the U. S. District Court for the Middle District of Florida.

Firefighters' Retirement System et al v. Citco Group Ltd. et al: Renewal of Plaintiffs Motion to Compel

November 16, 2017 - The Louisiana Funds' Renewal of Motion to Compel on Documents in the Control of the Citco Group Ltd. in Firefighters' Retirement System, Municipal Employees' Retirement System of Louisiana, and New Orleans Firefighters' Pension & Relief Fund v. Citco Group Limited, Citco Fund Services (Cayman Islands) Limited, Citco Fund Services (Bermuda) Limited, Citco Fund Services (Suisse) S.A., Citco Fund Services (Europe) B.V., Citco Global Custody N.V., Citco (Canada) Inc., Citco Bank Nederland N.V. Dublin Branch, Citco Banking Corporation N.V., Citco Curacao N.V., Citco (USA) Holdings Inc., Citco Fund Services (SA) Inc., Citco Technology Management, Inc.,  Fletcher Asset Management, Inc., Alphonse 'Buddy' Fletcher, Jr., Denis Kiely, Duhallow Financial Services, LLC, Lisa Alexander, Peter M. Zayfert, Consulting Group Services, LLC, Joe Meals, Grant Thornton International Ltd., and Skadden, Arps, Meagher & Flom, LLP at the U. S. District Court for the Middle District of Louisiana.

Britannia Holdings (2006) Ltd. v. HMS Cayman Ltd. et al: Writ of Summons

September 27, 2017 - Writ of Summons in Britannia Holdings (2006) Ltd. v. HMS Cayman Ltd., Jean-Marc Lesieur, Michael Joseph Jacob, and Private Equity Services (Curacao) NV at the Grand Court of the Cayman Islands.

Citco Group CEO Christopher Smeets accused of oppressing minority investors

August 14, 2017 - In a lawsuit filed in the Cayman Islands, Citco Group CEO Christopher Smeets has been accused of ripping off minority investors in the hedge fund administrator, most of whom are his own employees.

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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.