A Cayman fund group set up by Barbados-based Canadian attorney Jeffrey Lipton has collapsed, putting US$89m of investors' funds at risk. Argyle Funds SPC, ARC (Euro) Fund, ARC (USD) Fund, and Ardent Harmony Fund went into liquidation apparently due to problems with loans of approximately $40m to NY-based factoring firm RMP Capital Corp.
Articles Barbados Canada Cayman Islands Featured Investment Liquidations & Insolvencies Litigation Luxembourg United Kingdom USAMay 19, 2016
Argyle Funds & Ardent Harmony Fund go into liquidation, $89m at risk
6 years ago
TopicsBarbados Canada Cayman Islands Investment Liquidations & Insolvencies [ 4 more... ] [ top 5 ]
KeywordsAndrew Childe Andrew Morrison ARC (Euro) Fund ARC (USD) Fund Ardent Harmony Fund Inc.
Argyle Funds SPC Berkeley Hanover Blackstar Capital Daniel McGrath David Griffin FTI Consulting Fund Solution Services Limited Jeffrey H. Lipton Mark Stephens Michael Pearson Permanent Value Asset Management RMP Capital Corp. Terry Bonnett[ 13 more... ] [ top 5 ]