Caledonian Bank staff targeted by Architects of Wine liquidator

Four current or former employees of Cayman Islands-based Caledonian Bank and Trust Limited are potential targets for legal action concerning the failure of a wine-based investment scheme.First, however, liquidator Christopher Johnson needs to raise money to fund any litigation and he intends to seek court permission to sell 285,717 bottles of wine – valued at €1,856,055 (US$2.4 million) – that are stored in a warehouse in Switzerland.