Cayman Islands

Jeremy Beck v. MV Cayman Ltd.: Amended Winding Up Petition

Amended Winding Up Petition in Jeremy Beck v. MV Cayman Ltd., formerly (formerly HHG Cayman Ltd.), whose "main asset is ... a strata condominium and hotel resort formerly known as the Margaritaville Beach Resort and Spa, West Bay Road, Grand Cayman, Cayman Islands", at the Grand Court of the Cayman Islands.
SPI Investment Fund

Swiss asset manager Marc-André Pépin accused of fraud by Cayman’s SPI Investment Fund

In a winding-up petition, Swiss investment manager Marc-André Pépin has been accused of "fraudulent misconduct and mismanagement" by Cayman Islands-domiciled SPI Investment Fund SPC, whose investors' funds have allegedly ended up in questionable arrangements with entities operated by Prudent Group, Dennis Klemming, and Jacob Gitman, all of Miami, Florida.

Adenium Energy Capital Ltd.: $1.2M Fine

Decision Notice by the Dubai Financial Services Authority imposing a fine of $1.2 million on Adenium Energy Capital Ltd. (in Official Liquidation), described as a Cayman Islands company that "secured and developed solar energy Projects in a number of countries, including Jordan, Japan, Egypt and Italy", for regulatory breaches, including "carrying on unauthorised financial services", "making unauthorised financial promotions", and "offering fund units" without authorization.

Youssef Chaker: $73.9K Fine

Decision Notice imposing. fine of $73,920 on Youssef Fouad Chaker for regulatory breaches involving entities in the British Virgin Islands, Cayman Islands, and United Arab Emirates.

Wassef El Sawaf: $131K Fine

Decision Notice by the Dubai Financial Services Authority imposing a fine of $131,600 on Wassef El Sawaf for regulatory breaches involving entities in the British Virgin Islands, Cayman Islands, and United Arab Emirates.

Adenium Energy Capital Advisors Ltd.: $96K Fine

Decision Notice by the Dubai Financial Services Authority imposing a fine of $96,484 on Adenium Energy Capital Advisors Limited (in Official Liquidation), of Dubai, in the United Arab Emirates, for regulatory breaches.

Direct Lending Investments LLC et al v. Christina Baer: Complaint

Complaint "for breaches of two different guaranties to two different Receivership Entities that lent hundreds of millions of dollars to companies controlled by Peter Baer" by Bradley C. Sharp, at Receive for Direct Lending Investments LLC, Direct Lending Income Fund LP, Direct Lending Income Feeder Fund Ltd., of the Cayman Islands; DLI Capital Inc., DLI Lending Agent LLC, and DLI Assets Bravo LLC v. Christina Baer, as Personal Representative of the Estate of Peter Baer and as Trustee of the Baer Living Trust URD 5/10/95, at the U. S. District Court for the Central District of California.

Vincenzo Peccarino v. Grab Holdings Ltd. et al: Class Action Complaint

Class Action Complaint alleging fraud in Vincenzo Peccarino v. Grab Holdings Limited, described as a Cayman Islands-domiciled, Singapore-based company that "offers a superapp that operates primarily across the deliveries, mobility, and digital financial services sectors in Southeast Asia"; Anthony Tan, Peter Oey at the U. S. District Court for the Southern District of New York.

Juan Enrique Rassmuss Raier v. Luis Eduardo Correa et al: Writ of Summons

Writ of Summons in Juan Enrique Rassmuss Raier, a citizen of Germany residing in Chile v. Luis Eduardo Correa, of Chile; Pacific Overseas Financial Corporation, Pacific Overseas Enterprises Limited, and Pacific Overseas Investments Limited at the Grand Court of the Cayman Islands.

‘Immediately remove Dennis Klemming from your website,’ writes his attorney

"Demand Letter" from Florida attorney Daniel DeSouza requesting the removal from OffshoreAlert's website of lawsuits against or which mention his client, Dennis Klemming, a Swedish citizen residing in Miami Beach, Florida, who is chairman of Prudent Group which, according to its website, "currently manages fund vehicles and separate mandates for institutional clients in Luxembourg, Cayman Islands, and Delaware domiciles".

Jeremy Beck et al v. MV Advisory Ltd.: Order Appointing New Liquidators

Order releasing Eleanor Fisher and Tammy Fu as Joint Official Liquidators and appointing Karen Scott and Russell Homer, of Chris Johnson Associates Ltd., as Joint Official Liquidations in a case involving Margaritaville Beach Resort and Spa in Jeremy Beck, Emile van den Bol, Chris van den Bol, Lorraine Cona, iDream International Development Real Estate Asset Manager Ltd., Parham Cayman Properties Ltd., Sre-Supre Real Estate Ltd., Perpetual Breezes Ltd., Christopher Kearney, Grace Kearney, all of the Cayman Islands; Meryl Robertson, Jeffrey Saltiel, both of New York, NY, and Gabriel Schwartz, of Denver, CO v. MV Advisory Ltd. at the Grand Court of the Cayman Islands.

Hover4pi Master Fund: Directors

Director Details for Hover4pi Master Fund, obtained from the Cayman Islands General Registry on March 14, 2022.

USA v. Ronald Bauer et al: Criminal Indictment

Criminal Indictment alleging securities fraud and money laundering involving individuals or entities in or from Antigua and Barbuda, Bulgaria, Canada, Cayman Islands, Croatia, Denmark, Monaco, Switzerland, United Kingdom, and USA in USA v. Ronald Bauer, Craig Auringer, Petar Mihaylov, and Daniel Ferris, at the U. S. District Court for the Southern District of New York.