Malta

Public Announcement by the Malta Financial Services Authority that it has imposed a fine of €25,000 on Clayton Formosa and Odin Professional Services and ordered Formosa "to cease the provision of any services which require prior authorisation or registration from the MFSA, including the provision of Corporate Services Provider" for regulatory breaches.

Public Announcement by the Malta Financial Services Authority that it has suspended "the authorisation of Nexia BT to act as an approved auditor" for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Nexia BT is part of a group whose officers and directors include Brian Tonna, Manuel Castagna, and Karl Cini, all citizens of Malta.

Public Announcement by the Malta Financial Services Authority that it has cancelled the Collective Investment Scheme License of Public Private Real Estate Fund SICAV Plc for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Public Private Real Estate Fund SICAV Plc was incorporated on June 1st, 2007, its directors are Paolo Bruckner, a citizen of Switzerland; Jonathan de Giovanni, a citizen of Malta, and Charles Ingham, a citizen of the United Kingdom, and its shareholders are Novium AG, of Switzerland and Paolo Bruckner, while previous directors include Anthony O'Driscoll, a citizen of Ireland who resigned effective December 14th, 2016, and Mark Meyer, a resident of Switzerland who resigned effective October 30th, 2015. The Swiss Commercial Register showed that the sole director of Novium AG (in Liquidation) is Paolo Brückner, whose nationality is listed as Italian, while previous directors include Marc Stefan Dätwyler, Raul Cortes Moreno, Michael Cohen, of Switzerland; Markus Meyer, Michele Mugnai, and Werner Mathys.

Chapter 15 Petition for Recognition of Foreign Main Proceedings in Canada by Sai Chu, of Ernst & Young, as the Foreign Representative of UrtheCast Corp., of Canada, "a technology company developing world-first technologies in data services, geo-analytics, machine learning and artificial intelligence" whose shares are listed on the Toronto Stock Exchange; Geosys-Int'l Inc., of Delaware; Geosys Australia Pty., of Australia; Geosys Europe SARL, of Switzerland; Geosys S.A.S., of France; Geosys do Brasil Sistemas de Informacao Agriocola Ltda, of Brazil, and Deimos Imaging S.L.U., of Spain, at the U. S. Bankruptcy Court for the District of Minnesota.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €1,183,887 on MPM Capital Investments Ltd. for regulatory breaches and that its decision has been appealed.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €733,160 on Vivaro Ltd., described as a "Remote Gaming Operator", for regulatory breaches and that its decision has been appealed.

Amended Judgment for $1 billion against Celtic Pharmaceutical Holdings LP, of Bermuda; Celtic Pharma Management LP, of Bermuda; Targeted Delivery Technologies Holdings Ltd., of Malta; Targeted Delivery Technologies Ltd., of Malta; Celtic Pharma Management Ltd., of Bermuda; Celtic Pharma FIX Ltd., of Bermuda; Celtic Pharma FIX Venture Ltd., of Bermuda, and John Mayo, of England in Highland Crusader Offshore Partners LP, of Bermuda; Highland Credit Opportunities CDO Ltd., of the Cayman Islands; Highland Credit Strategies Master Fund LP, of Bermuda; Highland Restoration Capital Partners Master LP, of Delaware, and NexPoint Credit Strategies Fund, of Delaware v. Celtic Pharma Phinco BV, of the Netherlands; Targeted Delivery Technologies Holdings Ltd., of Malta; Targeted Delivery Technologies Ltd., of Malta; Xenova Group Ltd., of England; TDT 044 Ltd., of Bermuda; TDT 054 Ltd., of Bermuda; TDT 077 Ltd., of Bermuda; Celtic Pharmaceutical Holdings LP, of Bermuda; Celtic Pharma Services Bermuda Ltd., of Bermuda; Auven Therapeutics Management LLLP, of the U.S. Virgin Islands, f.k.a. Celtic Therapeutics Management LLLP, as successor-in-interest to Celtic Pharma Management LP; Celtic Pharma Management LP, of Bermuda; Celtic Pharma Management Company Ltd., of Bermuda; Celtic Pharma FIX Ltd., of Bermuda; Celtic Pharma FIX Venture Ltd., of Bermuda; Stephen Evans-Freke, of Ireland and the United Kingdom, and John Mayo, of England, at the Supreme Court of the State of New York, County of New York.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €58,952 on Chris Baldacchino & Associates, described as an "Auditor/Accountant/Corporate Service Provider", for regulatory breaches.

Public Statement by the Malta Financial Services Authority that it has ordered corporate services provider BTI Management Limited to "refrain from onboarding new clients and refrain from providing existing clients with any new or additional services". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that BTI Management Limited was incorporated on June 11th, 2010 and that its directors are Manuel Castagna, Karl Cini, and Brian Tonna, all citizens and residents of Malta, and its shareholders are Nexia BT Holdings Limited, of Malta, and Brian Tonna, of Malta. Previous directors include Oliver Zammit, who resigned effective May 14th, 2020, while Pierre Fiorentino was "removed" as the company's auditor effective April 9th, 2020. Nexia BT Holdings Limited was incorporated on January 27th, 2012 and its directors are Manuel Castagna, Karl Cini, and Brian Tonna and its shareholders are Nexia BT, of Malta, and Brian Tonna.

Public Statement by the Malta Financial Services Authority that it has ordered fiduciary services provider BT International Limited to "refrain from onboarding new clients and refrain from providing existing clients with any new or additional services". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that BT International Limited was incorporated on January 24th, 2007 and that its directors are Manuel Castagna, Karl Cini, and Brian Tonna, all citizens and residents of Malta, and its sole shareholder is Nexia BT Holdings Limited, of Malta. Previous directors include Oliver Zammit, who resigned effective May 14th, 2020, while Pierre Fiorentino was "removed" as the company's auditor effective April 9th, 2020. Nexia BT Holdings Limited was incorporated on January 27th, 2012 and its directors are Manuel Castagna, Karl Cini, and Brian Tonna and its shareholders are Nexia BT, of Malta, and Brian Tonna.

Application by Piraeus Bank SA, of Greece, to take discovery from The NASDAQ Stock Market LLC and OTC Markets Group for use in "an anticipated foreign judicial proceeding that will be commenced by Piraeus against Newlead Holdings, Ltd. [of Bermuda] before the High Court of Justice, Business and Property Courts of England and Wales, Commercial Court pursuant to a Guarantee and Indemnity agreement", filed at the U. S. District Court for the Southern District of New York.

Public Statement by the Malta Financial Services Authority that it has imposed a fine of €150,000 and a 10-year ban on Dennis Muscat for "providing investment services without a licence on a regular and habitual basis".

Public Announcement by the Malta Financial Services Authority that it has revoked the Collective Investment Scheme License of Excellence Investment Umbrella SICAV Plc, "including the licence granted to its four sub-funds, namely Innovative Investment Fund; Perfectum Fund; Exclusive Gold and Precious Metals Fund; and Omega Investment Fund", for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Excellence Investment Umbrella SICAV Plc was incorporated on October 24th, 2011, its directors are Paolo Bruckner, of Switzerland; Jonathan de Giovanni, a citizen of Malta, and Charles Ingham, a citizen of the United Kingdom and resident of Malta, and its shareholders are Novium AG, of Switzerland, and Raul Cortes Moreno, a citizen of Spain. The Swiss Commercial Register showed that the sole director of Novium AG (in Liquidation) is Paolo Brückner, whose nationality is listed as Italian, while previous directors include Marc Stefan Dätwyler, Raul Cortes Moreno, Michael Cohen, of Switzerland; Markus Meyer, Michele Mugnai, and Werner Mathys.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €58,757 on Playbay Malta Ltd., described as a "Remote Gaming Supervisor", for regulatory breaches.

Public Statement by the Malta Financial Services Authority that it was cancelled the collective investment services license of Novium Opportunity Umbrella SICAV Plc, "including the licence granted to its six sub-funds, namely Personal Care Fund; Special Situations Fund; Vintage Watches Fund; Primatist Multi Strategy Fund; Quality Investment Fund; and Bull Bear Opportunities Fund". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Novium Opportunity Umbrella SICAV Plc was incorporated on December 27th, 2007, that its directors are Paolo Bruckner, a citizen of Switzerland; Jonathan de Giovanni, a citizen of Malta; and Charles Ingham, a citizen of the United Kingdom, and that its shareholders are Raul Cortes Moreno, a citizen of Spain, and Novium AG, of Switzerland, while previous directors include Alessandro Bartoli, a.k.a Sandro Bartoli, who resigned effective December 1st, 2017; Joseph Bortelli, who resigned effective May 25th, 2016; Mark Meyer, who resigned effective June 1st, 2015; Frank Chetcuti Dimech, Marise Muscat, and Guido Mizzi, who all resigned effective January 5th, 2015. The Swiss Commercial Register showed that the sole director of Novium AG (in Liquidation) is Paolo Brückner, whose nationality is listed as Italian, while previous directors include Marc Stefan Dätwyler, Raul Cortes Moreno, Michael Cohen, of Switzerland; Markus Meyer, Michele Mugnai, and Werner Mathys.

Public Statement by the Malta Financial Services Authority that it has imposed a fine of €5,000 on JD Capital Plc "for failure to submit the updated List of Insiders to the MFSA within the established timeframes". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that JD Capital Plc was incorporated on August 9th, 2017, that its directors are Josef Dimech, Stephen Muscat, Stanley Portelli, and Gaetano Vella, all citizens of Malta, and its shareholders are Stanley Portelli, Josef Dimech, and JD Holdings Limited, of Malta, while previous directors include Etienne Borg Cardona, who resigned effective February 26th, 2018. JD Holdings Limited was incorporated on August 9th, 2017, its sole director is Josef Dimech, and its shareholders are Josef Dimech and Stanley Portelli, while its previous directors include Stanley Portelli and Gaetano Vella, who both resigned effective August 9th, 2017.

Public Statement by the Malta Financial Services Authority that it has disqualified John Anthony Farrell, a citizen of the United Kingdom, for not being "fit and proper".

Letter from Adrian Sciberras, of Business Concept International Plc, in Malta, complaining about OffshoreAlert's reporting of a regulatory notice by the Malta Financial Services Authority announcing the revocation of the Financial Institutions license of Corporate & Commercial FX Services Limited, in which his company was a shareholder.

Public Statement by the Malta Financial Services Authority that it has revoked the investment services license of, and appointed an inspector for, MPM Capital Investments Limited. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that MPM Capital Investments Limited was incorporated in Malta on May 11th, 2009, its directors are Alexander Mangion and Melvyn Mangion, who are both citizens of Malta, and its shareholders are Capitalex Limited and Mangum Consulta Limited, both of Malta, which are owned by Alexander Mangion and Melvyn Mangion, respectively.

Public Statement by the Malta Financial Services Authority that it imposed a 10-year corporate disqualification on Alexander Mangion for not being "fit and proper".

Public Statement by the Malta Financial Services Authority that it imposed a 10-year corporate disqualification on Melvyn Mangion for not being "fit and proper".

Public Statement by the Malta Financial Services Authority that it has revoked the Financial Institution license of AYN Limited, described as a provider of "payment services". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that AYN Ltd. was incorporated on July 18th, 2017, its directors are Paolo Gatti and Paolo Musumeci, both citizens of Italy, and its sole shareholder is AYN Holding Ltd., of Malta. The directors of AYN Holding Ltd. are Gatti and Musumeci and its shareholder is Artio Trustees Limited.

Public Statement by the Malta Financial Services Authority that it has imposed a fine of €15,000 on ARQ Fiduciaries Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that the directors and shareholders of ARQ Fiduciaries Limited are identified as Christian Farrugia and Tonio Fenech, both of Malta. Previous directors include Nicholas Gouder, of Malta, who resigned effective December 18th, 2019.

Public Statement by the Malta Financial Services Authority that it has revoked the Financial Institutions license of Corporate & Commercial FX Services Limited, described as a "payment services" firm. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that the sole director of Corporate & Commercial FX Services Limited is identified as Jorge Pio Celemin Gomez, a citizen of Spain residing in Portugal, and its shareholders as Business Concept International Plc, of Malta; Jorge Pio Celemin Gomez, Josefa Malave Gonzalez, a citizen of Spain, and Benjamin Rayner Harrison, a citizen of the United Kingdom residing in Malta. Previous directors include Joseph Mary Formosa and Frank Chetcuti Dimech, both of Malta, who both resigned effective September 30th, 2018. The directors of Business Concept International Plc are identified as Adrian Sciberras, Charlene Sciberras, and William Van Buren, all of Malta, and its shareholders as Joceline Caruana, Adrian Sciberras, Daryl Azzopardi,Angela Maria Camilleri, Daryl Caruana, Anna Lee Debattista, Richard Falzon, Olga Mifsud, Christian Mizzi, Conrad Meli, Dona-Marie Rapinett, Charlene Sciberras, Marika Sciberras, William Van Buren, and Nicholas Vella, all of Malta.

Complaint in Dr. Saad Aljabri, described as "a dual citizen of Malta and the Kingdom of Saudi Arabia" residing in Canada and "a 39-year veteran of the government of Saudi Arabia with expertise in national security and counterterrorism" who was allegedly the target of an "attempted extrajudicial killing" v. Mohammed bin Salman bin Abdulaziz al Saud, Prince Mohammed bin Salman Abdulaziz Foundation, d.b.a. MiSK Foundation; Bader Alasaker, Saud Alqahtani, Ahmed Alassiri, Khalid Ibrahim Algasem, Mishal Fahad Alsayed, Bandar Saeed Alhaqbani, Ibrahim Hamad Abdulrahman Alhomid, Saud Abdulaziz Alsaleh, Mohammed Alhamed, Bijad Alharbi, all of Saudi Arabia; Layla Abduljadayel, and Youssef Alrajhi, both of the United States, at the U. S. District Court for the District of Columbia.

Public Announcement by the Malta Financial Services Authority that is has imposed a fine of €21,100 on Building Block Insurance Malta PCC Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the directors of Building Block Insurance Malta PCC Limited are identified as Joseph Demanuele, of Malta; Andrew Paul Mirfin, a citizen of the United Kingdom, of Leeds, England; James Portelli, of Malta, and Neil David Reynolds, a citizen of the United Kingdom, of Market Harborough, England, and the shareholders are identified as Lattice Group Holdings Limited, of Malta, and Gordon Philip Dale Rann, a citizen of the United Kingdom, of Grantham, England, while the directors of Lattice Group Holdings Limited are identified as Neil Reynolds and Jonathan Vassallo, of Malta, and the shareholders are identified as Lattice Trading Limited, of England, and Gordon Rann. In records filed with Companies House for England and Wales, Lattice Trading Limited's directors are identified as Rachel Elizabeth Duffey, Lianne Estelle Firth, and Lesley Elizabeth Ranne and its "persons with significant control" as Gordon Rann, Lesley Rann, and Lianne Estelle Tapson, who has the same date of birth and, therefore, appears to be the same person, as Lianne Firth.

Public Announcement by the Malta Financial Services Authority that it has imposed a fine of €20,760 on GlobalCapital Life Insurance Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the directors of GlobalCapital Life Limited are identified as Cristina Casingena, Paolo Catalfamo, Joseph C. Schembri, all of Malta, and Nicholas Hornby Taylor, a citizen of the United Kingdom, of Dorset, England and its shareholders are identified as GlobalCapital Holdings Limited, of Malta, and Ian Zammit, of Malta. The directors of GlobalCapital Holdings Limited are identified as Paolo Catalfamo and Joseph Schembri and its sole shareholder is identified as GlobalCapital Plc, of Malta. The directors of GlobalCapital Plc, whose shares are listed on the Malta Stock Exchange, are identified as Cinzia Catalfamo, of Italy; Paolo Catalfamo, Joseph Del Raso, of Devon, Pennsylvania, USA; Gregory Eugene McGowan, of Fort Lauderdale, Florida, USA, and Joseph Schembri.

Publication Notice by the Malta Financial Intelligence Analysis Unit that it has imposed an administrative penalty of €60,518 on Thomas Vella for regulatory breaches.

Public Notice by the Malta Financial Services Authority that it has fined and cancelled the registration of corporate services provider Blaustein Limited for various regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malra Business Registry showed that Blaustein Limited was incorporated in Malta on November 27th, 2013 and has Vadim Yuryevich Blaustein, a citizen of the Netherlands, as its sole director and shareholder.

Public Notice by the Malta Financial Services Authority that it has disqualified Vadim Blaustein, a citizen of the Netherlands, "from holding any position and accepting any new appointments" for five years after determining that he "can no longer be deemed to be fit and proper".

Announcement by the Malta Financial Services Authority that it has imposed a fine of €21,460 on Advent Insurance PCC Limited for breaches "of the Insurance Business Act for failure to submit the audited financial statements and the report on solvency and financial condition within the regulatory deadline". Editor's Note: Research by OffshoreAlert showed that, at the Malta Business Registry, the directors of Advent Insurance PCC Limited are identified as James Dunbar Cousin, a citizen and resident of Malta; Christian Farrugia, a citizen and resident of Malta; Anne Finn, a citizen of Ireland residing in Malta, and David Starforth Hill, a citizen of the United Kingdom residing in London, England. and the shareholders as Absolut Holding Limited, Advent International Holdings Limited, ARQ Fiduciaries Limited, Autorama Holding (Malta) Limited, Freedom Health (Holdings) Limited, UIB Holding (Malta) Limited, and UnlimitedCare Holding Limited, all of Malta.

Announcement by the Malta Financial Services Authority that it has imposed a €15,000 fine on Grand Harbour Trustees Limited for several regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that the directors of Grand Harbour Trustees Limited are Rodney Lee Berger, a citizen of the United Kingdom with an address in Middlesex, England; Matthew Paris, a citizen of Malta residing in Malta, and Suzanne Wolfe Martin, a citizen of Switzerland with an address in Malta, and its shareholders are Pelican Management Limited, of Malta, and Rodney Berger. Pelican Management Limited's directors and shareholders are Rodney Berger and Corinne Hilary Berger, the latter of whom is also a citizen of the United Kingdom.

In a series of regulatory actions announced on Friday, the Malta Financial Services Authority cancelled the licenses of three investment firms and imposed fines on a retirement scheme and its administrator.

Announcement by the Malta Financial Services Authority that it has cancelled the Investment Services License of Malta Capital Management Ltd.

Announcement by the Malta Financial Services Authority that it has cancelled the Collective Investment Scheme License of MCM Global Opportunities Fund SICAV Plc, including its "only Sub-Fund", Global Equity Opportunities Fund.

Announcement by the Malta Financial Services Authority that it has cancelled the Alternative Investment Fund Manager License of Ariadne Capital Malta Limited.

Announcement by the Malta Financial Services Authority that it has imposed a €5,000 fine on Worldwide Pensions Limited.

Announcement by the Malta Financial Services Authority that it has imposed a €5,000 fine on Plegt-Vos Retirement Scheme.

Emergency Ex Parte Motion for a Temporary Restraining Order regarding accounts in Canada, the Cayman Islands, Hong Kong, Isle of Man, Malta, and the USA in U. S. Securities and Exchange Commission v. Nelson Gomes, described as a citizen of Canada who "resides at various times in the Bahamas and Hong Kong"; Michael Luckhoo-Bouche, a citizen of Canada residing in Mississauga, Ontario; Shane Schmidt, a citizen of Canada residing in Vancouver, British Columbia; Douglas Roe, a citizen of Canada residing in Vancouver, British Columbia; Kelly Warawa, a citizen of Canada residing in Vancouver, British Columbia; FFS Capital Limited, of Hong Kong; Paifang Trading Limited, of Hong Kong; Atlantean Management Corporation, of Canada; Meadow Asia Limited, of Hong Kong, and Thyme International Limited, of Hong Kong, at the U. S. District Court for the District of Massachusetts.

Complaint in MTACC Ltd., d.b.a. ePayService, of Malta v. CHF Corporation, Carlos Flores, David J. Bartone, and Law Offices of David J. Bartone, a.k.a. Bartone Law Offices, at the U.S. District Court for the Southern District of Florida.

Announcement by the Malta Financial Services Authority that it has imposed a "notional penalty" of €475,192 against Setanta Insurance Company Limited. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Setanta Insurance Company Limited was incorporated on June 21st, 2007 and went into liquidation on April 30th, 2014, with its net liabilities estimated at €63.5 million in the most recent statement by liquidator Paul Mercieca, dated March 2nd, 2020. Its directors are listed in corporate filings as Hugh Attard Montalto, of Malta; Martin Azzopardi, of Malta, and Peter Melling, of Ireland, and its shareholders as Setanta Holdings Limited, of Malta, and Ganado Trustees & Fiduciaries Limited, of Malta. Setanta Holdings Limited was incorporated in Malta on May 31st, 2007 and has not had any directors since Hugh Attard Montalto, Martin Azzopardi, and Evander Borg, all of Malta, resigned on August 1st, 2014. The company's shareholders are identified in corporate filings as Corporate Services Limited, of Malta, on behalf of "beneficial owner", and John V. Flood Ltd., of Ireland, both holding "Promoter Class" shares, and Ocorian Corporate Services (Malta) Limited, of Malta; SNSTRY Limited, of Ireland, and Irish citizens Charles Bourke, Deirdre Bourke, James Byrne, Tommy Conway, Concepta Doyle, James Doyle, John Flood, Margaret Flood, David Garahy, Ann-Marie Murphy, Matilda O'Farrell, John Burke O'Leary, and Myles Roban. The company's status is listed as "inactive" in the Malta Business Registry.

Generally Indorsed Writ of Summons alleging fraud in New Olympia Re Ltd. (in Liquidation) v. NORe Capital Ltd., of the British Virgin Islands, and John Robert Greenwood, of Malta, at Bermuda Supreme Court.

Public Notice by the Malta Financial Services Authority that it has cancelled the Collective Investment Scheme Licence of Brightwell Portfolio Fund SICAV Plc, a license that was suspended, on regulatory grounds nearly six years ago, on July 15th, 2014, "following the resignation of key officials and service providers". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Brightwell Portfolio Fund SICAV Plc has not had any directors or a secretary since they resigned in May, 2014. The company was originally incorporated in the British Virgin Islands on May 18th, 2006 as Brightwell Portfolio Fund Ltd. and continued to Malta on May 10th, 2011, changing its name at the same time. In its most recent annual return, dated May 10th, 2013, the company's shareholders were identified as Paolo Faldini, a citizen of Italy residing in Monaco, and Conseulo Nardon, a citizen of Italy with addresses in the Netherlands and Luxembourg; its directors as Faldini, Nardon, and Stephen Muscat, of Malta, and its Secretary as Valetta Fund Services Limited. Faldini committed suicide on his luxury yacht - apparently bought with investors' funds - in Monte Carlo on December 31st, 2013, shortly after which Nardon, Muscat, and Valetta Fund Services all resigned their positions and the company's auditor, KPMG (Malta), represented by partner Ray Azzopardi, withdrew its audit opinions for 2011 and 2012 due to "fraudulent misrepresentations", evidently by Faldini, regarding the company and its subsidiaries, Beaumont Cash Management Limited, Beaumont Systematic Trading Limited, Beaumont Discretionary Trading Limited, Beaumont Equity Trading Limited, and Beaumont Homeland Security Limited. Brightwell Portfolio Fund's professional services providers included Princes Gate Investment Management Ltd., of the BVI, as Investment Manager; Arcari Fund Solutions BV, of the Netherlands, as Administrator; Credit Suisse, of Switzerland, as Custodian, and Ganado & Associates, Advocates, of Malta, as Legal Adviser. In the BVI, the company's directors were Curado Trust (Tortola) Limited, represented by Yuck Leen Sprock-Chang and Mavis Reed-Castro, and GM General Management Limited, represented by Mario Bottiroli, c/o Trust Company Complex, in the Marshall Islands, with Harneys Corporate Services Ltd., represented by Kimberly Crabbe-Adams, serving as registered agent. Corporate records show that the company authorized the following lawyers to obtain its Collective Investment Scheme license in Malta: James Farrugia, Andre Zerafa, Henry Saydon, and Stephanie Micallef, now known as Stephanie Farrugia, all of Ganado & Associates.

Application by Piraeus Bank, of Greece, to take discovery from The Bank of New York Mellon, Citibank NA, HSBC Bank (USA) NA, and JPMorgan Chase Bank NA for use in legal proceedings in England filed by Piraeus Bank against Grand Anemi Limited, of Malta; Grandunion Inc., of the Marshall Islands, and Michail (Michael) Zolotas, described as a Greek national with a last known address in Monaco, filed at the U. S. District Court for the Southern District of New York.

Petition to Confirm and Enforce a Foreign Arbitration Award of $1.2 million, plus interest, legal costs, and charges, in Morley Yachts, of Monaco v. Seminole Marine Limited, of the Cayman Islands, and Challenger International LLC, of West Virginia, which "were both created, formed, organized, maintained, owned, capitalized, used and operated for the exclusive benefit of Christopher Cline", who "was killed along with his daughter and five others" in a helicopter crash in the Bahamas last year, at the U. S. District Court for the Southern District of Florida.

Announcement by the Malta Financial Services Authority of action against RES Malta Limited. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the directors of RES Malta Limited are identified as Karl Schranz and Mariella Baldacchino, both citizens of Malta, and the sole shareholder as E & S Group Limited, which itself has Karl Schranz and Christian Ellul, also a citizen of Malta, as directors and shareholders.

Announcement by the Malta Financial Services Authority of action against SOLV International Ltd. Editor's Note: Research by OffshoreAlert showed that, in the Malta Business Registry, the sole director of SOLV International Ltd. is identified as Karl Schranz, a citizen of Malta, and the sole shareholder as E & S Group Limited, which itself has Karl Schranz and Christian Ellul, also a citizen of Malta, as directors and shareholders.

Accountant Karl Schranz and lawyer Christian Ellul have been banned by the Malta Financial Services Authority for their "lack of honesty and integrity".

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Christopher Kennedy and Alexander Lawson, as the Foreign Representatives of IIG Structured Trade Finance Fund Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

Announcement by the Malta Financial Services Authority that it has imposed a five-year disqualification on Christian Ellul for his "lack of honesty and integrity" regarding corporate services providers RES Malta Ltd. and SOLV International Ltd.