Cayman Islands

Complaint alleging securities fraud in AvantGarde Group SpA and 1AF2, both of Italy v. Stock Loan Solutions LLC, Joe D. Thomas, Camo LLC, Harvey L. Carmichael, and Sanskirt LLC, as Defendants, and Harvey Carmichael Inc., Stock Loan Solutions, described as "a Cayman Islands entity", and Stock Loan Solutions, described as "a Swiss special purpose vehicle", as Relief Defendants, at the U.S. District Court for the District of Utah.

Complaint in Leonard Licht, described as "a 75-year-old widower" residing in Texas, USA, who "was victimized by a pig butchering scheme spearheaded by a criminal syndicate based in Cambodia" v. Binance Holdings Limited, described as "a Cayman Islands corporation that operates the world’s largest cryptocurrency exchange, Binance.com"; BAM Trading Services, Inc., and Changpeng Zhao, described as "a Chinese-born citizen of Canada", at the U.S. District Court for the District of Massachusetts.

Judgment in a Criminal Case in USA v. Binance Holdings Limited, a Cayman Islands-domiciled operator of a crypto exchange founded by Changpeng Zhao, at the U.S. District Court for the Western District of Washington.

One day after their Chapter 15 bankruptcy recognition petition was dismissed in the United States after an objection by the Federal Deposit Insurance Corporation, the liquidators of the Cayman Islands Branch of the U.S.-headquartered Silicon Valley Bank sued the FDIC for allegedly discriminating against Chinese depositors.

Complaint in Niall Ledwidge, of Stout; Michael Pearson, and Andrew Childe, both of FFP, as Joint Official Liquidators of Silicon Valley Bank (Cayman Islands Branch) v. Federal Deposit Insurance Corporation, as Receiver of Silicon Valley Bridge Bank, N.A. and Silicon Valley Bank, Santa Clara; George R. Fritz, Janine D. Henkes, and John Does 1-100 at the U.S. District Court for the District of Columbia.

Originating Application in the matter of RAM 27 Leasing at the Grand Court of the Cayman Islands.

Memorandum Opinion and Order Dismissing Chapter 15 Petition in re.: Silicon Valley Bank (Cayman Islands Branch) at the U.S. Bankruptcy Court for the Southern District of New York.

Originating Application in the matter of Pride Holdings Limited at the Grand Court of the Cayman Islands.

Originating Application in the matter of Double Image Limited at the Grand Court of the Cayman Islands.

Public Notice by the Cayman Islands Monetary Authority that it has cancelled the registration of Dzintars Derkacs for regulatory breaches.

Public Notice by the Cayman Islands Monetary Authority that it has cancelled the registration of Valor Capital for regulatory breaches.

Director Details for YS Biopharma Co., Ltd., obtained from the Cayman Islands General Registry on February 21st, 2024.

Writ of Summons and General Indorsement in Yi Zhang v. Apex Prospect Ltd., Hui Shao, of New Jersey, USA; Bo Tan, of Hong Kong; Ajit Shetty, of Belgium; Viren Mehta, of New York, NY; Shaojing Tong, of Hong Kong; Rachel Yu, of New Jersey, USA; Yuntao Cui, Jin Wang, Henry Chen, Haitao Zhao, Pierson Yue Pan, Chunyuan Brenda Wu, and YS Biopharma Co. Ltd. at the Grand Court of the Cayman Islands.

Originating Application in the matter of On Edge Limited, trading as On The Edge Salon, at the Grand Court of the Cayman Islands.

Director Details for Megalodon Capital SPC, obtained from the Cayman Islands General Registry on February 19th, 2024.

Director Details for Hamilton Opportunity Fund SPC, obtained from the Cayman Islands General Registry on February 18th, 2024.

Director Details for Hamilton Investment Management Limited, obtained from the Cayman Islands General Registry on February 18th, 2024.

Originating Application in the matter of Colpan Oil and Gas Ltd. at the Grand Court of the Cayman Islands.

Complaint "to recover $3,000,000 from a Defendant who received such proceeds illegitimately from a contract counterparty to the Fund and despite any known right to receive or retain them" in Income Collecting 1-3 Months T-Bills Mutual Fund (in Official Liquidation), of the Cayman Islands v. Karen Aigen, a.k.a. Keren Katya Aigen, described as a resident of California, USA who "was married to Ofer Abarbanel", at the U.S. Bankruptcy Court for the Southern District of New York.

Complaint in Luc Despins, as the Chapter 11 Trustee for Ho Wan Kwok, a citizen of China currently in custody in the United States awaiting trial for an alleged $1 billion fraud and money laundering scheme v. Hayman Hong Kong Opportunities Offshore Fund LP, of the Cayman Islands, and Hayman Hong Kong Opportunities Onshore Fund LP, of Delaware, USA, at the U.S. Bankruptcy Court for the District of Connecticut.

Complaint against entities in Australia, British Virgin Islands, Cayman Islands, England, Hong Kong, Puerto Rico, and USA in Luc Despins, as the Chapter 11 Trustee for Ho Wan Kwok, a citizen of China currently in custody in the United States awaiting trial for an alleged $1 billion fraud and money laundering scheme v. ACA Capital Group Ltd., Alfa Global Ventures Limited, Alfonso Global Ventures Limited, Anton Development Limited, Bravo Luck Limited, Celestial Tide Limited, China Golden Spring Group (Hong Kong) Ltd., Eastern Profit Corporation Limited, Freedom Media Ventures Limited, G Club International Limited, G Club Operations LLC, G Fashion (CA), G Fashion Hold Co A Limited, G Fashion Hold Co B Limited, G Fashion International Limited, GFashion Media Group Inc., G Music LLC, GF IP, LLC, GF Italy, LLC, GFNY, Inc., Hamilton Capital Holding Limited, Hamilton Investment Management Limited, Hamilton Opportunity Fund SPC, Haoran He, Himalaya Currency Clearing Pty Ltd., Himalaya International Clearing Limited, Himalaya International Financial Group Limited, Himalaya International Payments Limited, Himalaya International Reserves Limited, Jovial Century International Limited, K Legacy Ltd., Karin Maistrello, Leading Shine Limited, Major Lead International Limited, Mei Guo, Next Tycoon Investments Limited, Qiang Guo, Rule of Law Foundation III, Inc., Rule of Law Society IV, Inc., Saraca Media Group, Inc., Seven Mission Group LLC, William Je, and Wise Creation International Limited at the U.S. Bankruptcy Court for the District of Connecticut.

Director Details for Grand Island Master Fund Limited, obtained from the Cayman Islands General Registry on February 15th, 2024.

Jamaican national Robert Christopher Girvan, whose past included a criminal conviction in the Cayman Islands for a $19 million investment fraud, has died in the United States, apparently from a self-inflicted gunshot wound in the backyard of his girlfriend’s house in Alpharetta, Georgia, amid what a source said was a criminal investigation into another of his schemes.

Director Details for E-House (China) Enterprise Holdings Limited, obtained from the Cayman Islands General Registry on February 15th, 2024.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Alexander Lawson, of Alvarez & Marsal, as the Foreign Representative of E-House (China) Enterprise Holdings Limited, described as "the ultimate holding company" of a group whose "primary business is real estate agency services in the primary market in the People’s Republic of China, real estate data and consulting services, and real estate brokerage network services", filed at the U.S. Bankruptcy Court for the Southern District of New York.

Winding Up Petition alleging breach of fiduciary duties by directors "Ajit Shetty, Hui (David) Shao, Rachel Yu, Shaojing Tong, Viren Mehta and Bo Tan" in Yi Zhang, of Beijing, China, who "is the founder of the Company’s predecessor and is a director of the Company" v. YS Biopharma Co., Ltd., described as "a global biopharmaceutical company dedicated to discovering, developing, manufacturing and commercialising new generations of vaccines and therapeutic biologics for infectious diseases and cancer", at the Grand Court of the Cayman Islands.

Originating Application in the matter of Trinidad Investment Company Limited at the Grand Court of the Cayman Islands.

A U.S. lender claiming to be owed COP 14.7 million has filed a petition at the Grand Court of the Cayman Islands to wind up the holding company of Colombian financial services group Zinobe, whose subsidiaries provide consumer and commercial credit services in Colombia and Mexico.

Director Details for Zinobe Holdings Limited, obtained from the Cayman Islands General Registry on February 9th, 2024.

Originating Application in the matter of Colony Foundation Ltd. at the Grand Court of the Cayman Islands.

Petition for Court Supervision of a Voluntary Liquidation in the matter of Tasameem Strategic Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Re-Amended Complaint in Kisha Dean Trezevant, described as a citizen of the USA residing in Tennessee, and Seven Mile Beach Hotel Development Corp. Ltd., of the Cayman Islands, v. Stanley H. Trezevant III, described as a citizen of the USA residing in Tennessee; R&W Cayman Properties Ltd., described as a Cayman Islands company whose "directors are Keith, Meredith, Robert and William McCarthy", and The Registrar of Lands at the Grand Court of the Cayman Islands.

Winding Up Petition in York Town I, LLC, of Delaware, USA v. Zinobe Holdings Limited, which "carries on business as a holding company, holding shares in subsidiaries that provide financial services, including consumer and commercial credit services, to third parties in Colombia and Mexico", at the Grand Court of the Cayman Islands.

Complaint alleging "breach of contract ... based on Safety Shot’s refusal to honor a valid exercise of a Warrant" in Sabby Volatility Warrant Master Fund Ltd., of the Cayman Islands v. Safety Shot Inc. at the U.S. District Court for the Southern District of New York.

Originating Application in the matter of Hanfor (Cayman) Limited at the Grand Court of the Cayman Islands.

Originating Application in the matter of Sentient Data SEZC at the Grand Court of the Cayman Islands.

Petition for Court Supervision of a Voluntary Liquidation in the matter of SCF Brazil, Cayman Feeder SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

A Luxembourg property firm seeking to collect on a CHF 63 million arbitration award for unpaid rent on leased premises in Switzerland has applied to wind up a Cayman Islands entity that is part of the GEMS Education Group, which is one of the world's largest operators of private schools.

Director Details for GEMS Global Schools Limited, obtained from the Cayman Islands General Registry on February 7th, 2024.

Originating Application in the matter of Parallel49 Equity UGP (Fund V) Inc. at the Grand Court of the Cayman Islands.

Director details for Cloopen Group Holding Limited, obtained from the Cayman Islands General Registry on February 6th, 2024.

Cease and Desist Order in U.S. Securities and Exchange Commission v. Cloopen Group Holding Limited, described as a Cayman Islands-domiciled, China-based "provider of cloud-based communications products and services to enterprises of various sizes located primarily in China", in an administrative proceeding before the Securities and Exchange Commission.

Petition in the matter of Teamway International Group Holdings Limited at the Grand Court of the Cayman Islands.

Originating Application in the matter of Oppa, Ltd. at the Grand Court of the Cayman Islands.

Winding Up Petition regarding an "Arbitration Award" of CHF63,161,980 arising from "a dispute regarding breaches of a series of lease agreements in relation to four adjacent parcels of land located in Etoy, Switzerland" in Meigerhorn II Etoy Sàrl, of Luxembourg v. GEMS Global Schools Limited, described as "part of the Global Education Management Systems (GEMS) group of companies which carries on business in jurisdictions around the world including Dubai, Switzerland, United Kingdom and United States", at the Grand Court of the Cayman Islands.

Complaint for "inspection of books and records" in Zama Capital Master Fund, LP, of the Cayman Islands, "in its capacity as a beneficial stockholder of 26 Capital" v. 26 Capital Acquisition Corporation at the Court of Chancery of the State of Delaware.

Director Details for LV II Investment Management Limited, obtained from the Cayman Islands General Registry on February 5th, 2024.

Director Details for Coinbase Insurance Company SPC, Ltd., obtained from the Cayman Islands General Registry on February 4th, 2024.

Citing a debt of $404 million and the need for an "urgent investigation" into the conduct of its 49-year-old founder, chairman, and CEO, José Neves, U.S. financial services provider Wilmington Trust has filed a petition at the Grand Court of the Cayman Islands to wind up Cayman-domiciled, United Kingdom-based luxury fashion e-commerce firm Farfetch Limited.

Amended Complaint alleging "a massive scheme to fraudulently transfer Acis’s assets" to "ensure that Josh Terry would collect nothing from Acis for his hard-fought Arbitration Award of nearly $8 million" in Acis Capital Management, L.P. and Acis Capital Management GP, LLC v. James Dondero, Frank Waterhouse, Scott Ellington, Hunter Govitz, Isaac Leventon, Jean Paul Sevilla, Thomas Surgent, Grant Scott, Heather Bestwick, William Scott, and CLO HoldCo Ltd., of the Cayman Islands, at the U.S. Bankruptcy Court for the Northern District of Texas.