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Robert Stone v. NPLH (NZ) Ltd.: Winding Up Petition

June 19, 2020 - Winding Up Petition in Robert Devon Stone v. NPLH (NZ) Limited at the Grand Court of the Cayman Islands.

Pauline Stonehill v. FBI: Complaint

June 01, 2020 - Complaint under the Freedom of Information Act regarding "the Government's role in the investigation and wiretapping" of Harry S. Stonehill, deceased, "the subsequent illegal raids on his businesses in the Philippines in 1962 and the use of Stonehill's lawyer as a government informant" in Pauline Dale Stonehill, of Malaga, Spain, widow of Harry Stonehill v. Federal Bureau of Investigation at the U. S. District Court for the District of Columbia.

Kuwait Ports Authority v. Citibank et al: Discovery Application

January 27, 2020 - Ex Parte Application by Kuwait Ports Authority to take discovery from Citibank and E-Trade Financial Corporation for use in "impending litigation" in the Cayman Islands regarding "fraud and other wrongdoing related to KPA's investments in and business dealings with: (1) KGL Investment Company KSCC; and (2) the private equity fund, The Port Fund L.P." estimated at "hundreds of millions of dollars", filed at the U. S. District Court for the Southern District of New York.

Arab nations claim 'hundreds of millions of dollars are missing' from Cayman Islands fund

December 30, 2019 - In an application to take discovery from 12 US banks, a financial institution owned by six Arab nations claims that "hundreds of millions of dollars are missing" from a Cayman Islands investment fund that was set up to invest in "port-related assets around the world".

Gulf Investment Corp. v. Bank of America et al: Discovery Application

December 26, 2019 - Application by Gulf Investment Corporation, of Kuwait, described as "a supranational financial institution owned equally by the six Gulf Cooperation Council states: The Kingdom of Bahrain; The State of Kuwait; The Sultanate of Oman; The State of Qatar; The Kingdom of Saudi Arabia; and The United Arab Emirates", to take discovery from Bank of America, NA, The Bank of New York Mellon, Citibank, NA, Deutsche Bank AG, New York Branch; Deutsche Bank Trust Company USA, Goldman Sachs and Co., HSBC Bank USA, NA, JPMorgan Chase Bank, NA, Mashreqbank PSC, New York Branch; National Australia Bank Limited, New York Branch; Standard Chartered Bank, New York Branch; and Wells Fargo Bank NA for use in "contemplated litigation in the Cayman Islands" regarding "hundreds of millions of dollars that have gone missing", filed at the U. S. District Court for the Southern District of New York.

Marico Tan Hubahib v. Cayman Islands Immigration Appeals Tribunal: Judicial Review

August 26, 2019 - Application for Leave to Apply for Judicial Review in Marico Tan Hubahib v. Immigration Appeals Tribunal at the Grand Court of the Cayman Islands.

SEC v. Garrett O'Rourke et al: TRO Motion

July 17, 2019 - SEC's Application for an Order to Show Cause, Temporary Restraining Order, and Order Freezing Assets regarding an alleged securities fraud scheme involving Canada, Malta, Philippines, Singapore, Switzerland, and the USA in U. S. Securities and Exchange Commission v. Garrett M. O'Rourke and Michael J. Black at the U. S District Court for the Eastern District of New York.

SEC v. Garrett O'Rourke et al: Complaint

July 17, 2019 - Complaint alleging securities fraud involving "offshore nominee entities", including at least one in Malta, in U. S. Securities and Exchange Commission v. Garrett M. O'Rourke, of Miami Beach, Florida, and Michael J. Black, of Maryland, at the U. S District Court for the Eastern District of New York.

Dev Jay Hildebrand v. Teekay Shipping Limited Retirement Fund: Originating Summons

April 22, 2019 - Ex Parte Originating Summons in Dev Jay Hildebrand, on behalf of the Trustees of the Teekay Trust, v. Teekay Shipping Limited Retirement Fund, Philippines, at Bermuda Supreme Court.

Axiom Legal Financing Fund fraudster David Rae arrested in US for 'money laundering'

April 22, 2019 - U.K. national David Rae, who in 2012 was exposed by OffshoreAlert as one of the main perpetrators of a £100 million investment fraud by Cayman Islands-domiciled Axiom Legal Financing Fund, is in custody in New Jersey after being indicted for money laundering twice in two days in separate US jurisdictions regarding alleged healthcare fraud schemes.

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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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.