Cayman Islands

MaplesFS Ltd. v. Bank Otkritie et al: Originating Application

Originating Application in MaplesFS Limited v. B&B Protector Services Limited, of the Cayman Islands; PJSC National Bank Trust, of Russia, and PJSC Bank Otkritie Financial Corporation, of Russia, at the Grand Court of the Cayman Islands.

Spartan Holdings Ltd.: Restoration Application

Originating Application in the matter of Spartan Holdings Ltd. at the Grand Court of the Cayman Islands. Editor's Note: The director of Spartan Holdings Ltd. whose affidavit supported this restoration application is Terrence Duffy, a citizen of the United Kingdom residing in Canada who, as OffshoreAlert has previously revealed, appeared to be the ultimate beneficial owner of the opaquely-owned Caledonian Bank, which went into liquidation in Cayman in 2015 after being sued by the U.S. Securities and Exchange Commission at federal court in New York for alleged participation in a $75 million penny stock scam.

Junhui Jiang v. BlueCity Holdings Ltd. et al: Class Action Complaint

Class Action Complaint in Junhui Jiang v. BlueCity Holdings Limited, described as a Cayman Islands-domiciled, China-based company that "operates a platform for the LGBTQ - lesbian, gay, bisexual, transgender, and queer (or questioning) - community primarily under the BlueCity brand in China, India, Korea, Thailand, and Vietnam"; Baoli Ma, Zhiyong (Ben) Li, Zhe Wei, Wei Ying, Colleen A. DeVries, AMTD Global Markets Limited, Loop Capital Markets LLC, Tiger Brokers (NZ) Limited, Prime Number Capital LLC, R. F. Lafferty & Co. Inc., and Cogency Global Inc. at the U. S. District Court for the Eastern District of New York.

2567423 Ontario Inc. et al v. MXY Holdings LLC et al: Complaint

Complaint in 2567423 Ontario Inc., of Canada; Rayray Investments Inc., of Canada; KW Capital Partners Ltd., of Canada; K2 Principal Fund LP, of Canada; Anson East Master Fund LP, of the Cayman Islands; Anson Investments Master Fund LP, of the Cayman Islands; Barometer Equity Pool, Barometer Tactical Income Pool, Hadron Healthcare and Consumers Special Opportunities Fund, Parkwood Master Fund Ltd., of the Cayman Islands; Samara Fund Ltd., of Canada; Dani Warshager, Martin Fix, and Matthew Conduit v. MXY Holdings LLC, described as a Delaware-domiciled, California-based company that "manufactures and sells cannabis products under the brand name 'Moxie'"; Jordan Lams, and Kevin Marrone at the Superior Court of the State of California, County of Los Angeles.

San Miguel Holdings Corp. et al v. Padma Fund LP: Winding Up Petition

Winding Up Petition in San Miguel Holdings Corp., of the Philippines, and Atlantic Aurum Investments BV, of the Netherlands v. Padma Fund LP, described as "a private equity fund which invests in infrastructure projects and companies in Indonesia and in the Philippines", at the Grand Court of the Cayman Islands.

Reebonz Holding Ltd.: Directors

Director Report for Reebonz Holding Limited, obtained from the Cayman Islands General Registry on July 16, 2021.

Dorset Ltd. v. Trax Ltd.: Stop Notice

Stop Notice by Dorset Limited, of the Marshall Islands, regarding shares in Trax Ltd., of the Cayman Islands, registered to Panagiotis Triantafyllidis, filed at the Grand Court of the Cayman Islands.

ENG LLC v. Trax Ltd.: Stop Notice

Stop Notice by ENG LLC, of Delaware, regarding shares in Trax Ltd., of the Cayman Islands, registered to Topmost Access Limited and Tron LP, filed at the Grand Court of the Cayman Islands.

Makhpal Karibzhanova v. Mubadala Fund et al: Discovery Application

Application by Makhpal Karibzhanova, described as "a citizen of Kazakhstan and is the former wife of a wealthy and politically-connected Kazakh businessman, Aidan Karibzhanov" whose "wealth is held in offshore structures and through nominee ownership around the world, making it necessary to gather evidence from a number of countries, including the United States, the United Kingdom, Switzerland, the United Arab Emirates, and Singapore, as well as Kazakhstan and a number of offshore jurisdictions", including the British Virgin Islands, Cayman Islands, Hong Kong, and Singapore, to take discovery from Mubadala Fund, Extell Developrnent, Edward Mermelstein, One and Only Realty, Eduard Ogai, Credit Suisse, American Express and others for use in legal proceedings in Kazakhstan, filed at the U. S. District Court for the Eastern District of New York.

Alto Opportunity Master Fund SPC v. Reebonz Holdings Ltd.: Judgment

Judgment for $4.8 million in Alto Opportunity Master Fund, SPC-Segregated Master Portfolio B, of the Cayman Islands v. Reebonz Holdings Limited, a Cayman Islands company based in Singapore, at the Supreme Court of the State of New York, County of New York. Editor's Note: Research by OffshoreAlert at the Cayman Islands General Registry showed that the directors of Reebonz Holding Limited, which appears to be the correct name for the company identified throughout the litigation, even in contracts signed by its own representatives, as "Reebonz Holdings Limited", were identified as Arthur Chua, Charles Goh, Roderick Perry, and Samuel Lim Kok Eng.

AJ Ruiz Consultoria Empresarial SA et al v. BBVA et al: Complaint

Complaint "for unjust enrichment on behalf of thousands of creditors of the Schahin Group - a Brazilian oil and gas conglomerate with subsidiaries around the world, including in the United States - to recover more than $465 million that Defendants unlawfully obtained at those creditors' expense" in AJ Ruiz Consultoria Empresarial S.A., solely as Judicial Administrator and foreign representative of Schahin Holding S/A; Agropecuária Alto do Turiassú Ltda; Agropecuária Maranhense S/A; Âmbar Empreendimentos e Participações S/C Ltda; Aquática Comunicações Ltda; Base Engenharia e Serviços De Petróleo e Gás S/A; Base Petróleo e Gas S/A; Companhia Ms De Participações; Companhia Schahin de Ativos; Companhia Schahin Securitizadora de Créditos Financeiros S/S Ltda; Construtora Mogno Ltda; Deep Black Drilling LLP; Foxborough Participações Ltda; Habitécnica Participações S/A; Habitécnica S/A Empreendimentos Imobiliários, Administração E Planejamento; HBF Participações Ltda; HHS Participações S/A; Intelis Automação e Controle Ltda; MTS Participações Ltda; S&S Holding Elétrica S/A; S2 Participações Ltda; Satasch Participações Ltda; SCH 14 Sondas de Produções Marítimas S/A; SCH07 Participações Ltda; SCH08 Participações Ltda; SCH13 Participações Ltda; SCH15 Participações Ltda; Schahin Administração e Informática Ltda; Schahin Ativos Companhia Schahin Securitizadora de Créditos Financeiros S/A; Schahin Capital SPE 1 S/A; Schahin Capital SPE 2 S/A; Schahin Desenolvimento Imobiliário S/A; Schahin Empreendimentos Imobiliários Ltda; Schahin Energia S/A; Schahin Participações Ltda; Schahin Securitizadora De Créditos Financeiros S/A; and SM Participações S/A v. Banco Bilbao Vizcaya Argentaria, S.A.; Banco Bilbao Vizcaya Argentaria, S.A., Grand Cayman Branch; Caterpillar Financial Services Corporation; Crédit Industriel et Commercial; Deutsche Bank AG, London Branch; Deutsche Bank Trust Company Americas; Hamburg Commercial Bank AG; Intesa Sanpaolo, S.p.A., New York Branch; Itau BBA International Plc; Mitsubishi Corporation; Mitsubishi UFJ Lease & Finance (U.S.A.) Inc.; Mizuho Bank, Ltd.; MS Drillship I S.A.; Nomura Corporate Funding Americas, LLC; Shinhan Bank; Standard Chartered Bank; and UniCredit Bank AG at the U. S. District Court for the Southern District of New York.

Pedro Balderas v. 360 DigiTech Inc. et al: Class Action Complaint

Class Action Complaint alleging securities fraud in Pedro Balderas v. 360 DigiTech Inc., described as a Cayman Islands-domiciled, China-based company that "operates a digital consumer finance platform under the 360 Jietiao brand in the People's Republic of China" in Haisheng Wu, Jiang Wu, and Zuoli Xu at the U. S. District Court for the Southern District of New York.

John MacIndeor et al v. MVVWM Ltd.: Writ of Summons

Writ of Summons in John MacIndeor, Buenvenidos Ferrer, Christopher Hill, Clyde May, Harry Baker, Heinrych Pyper, James Mackie, Reinhardt Conradie, Robert Hubberstey, Ross Weir, Ruairidh Hamilton, and Vinko Spar v. MVVWM Ltd., of the British Virgin Islands, described as "owners of the yacht M.Y. Pelorus", which research by OffshoreAlert indicated is a 377 ft. luxury yacht with nine guest cabins and two helicopter pads whose beneficial owner is Hong Kong businessman Samuel Tak Lee, at the Grand Court of the Cayman Islands.

Kohli Pratyush v. Full Truck Alliance Co. Ltd. et al: Class Action Complaint

Class Action Complaint in Kohli Pratyush v. Full Truck Alliance Co. Ltd., described as a Cayman Islands-domiciled, China-based "digital freight platform that connects shippers with truckers to facilitate shipments in the People's Republic of China"; Peter Hui Zhang, Simon Chong Cai, Colleen A. DeVries, Morgan Stanley & Co., LLC, China International Capital Corporation Hong Kong Securities Limited, of Hong Kong; Goldman Sachs (Asia) LLC, of Hong Kong, and Cogency Global Inc., of New York, at the U. S. District Court for the Eastern District of New York.

Palladian Partners LP v. Province of Buenos Aires: Complaint

Complaint for €2.7 million, plus interest, costs, and fees, for the alleged default of sovereign bonds in Palladian Partners, L.P., of the Cayman Islands v. Province of Buenos Aires, described as "a political subdivision of the Republic of Argentina", at the U. S. District Court for the Southern District of New York.

Jatin Chopra v. DiDi Global Inc. et al: Class Action Complaint

Class Action Complaint alleging securities fraud in Jatin Chopra v. DiDi Global Inc., f.k.a. Xiaoju Kuaizhi Inc., described as a Cayman Islands-domiciled, China-based company that "purports to be the world's largest mobility technology platform. Its four key components are: shared mobility, auto solutions, electronic mobility, and autonomous driving"; Will Wei Cheng, Alan Yue Zhuo, Jean Qing Liu, Stephen Jingshi Zhu, Zhiyi Chen, Martin Chi Ping Lau, Kentaro Matsui, Adrian Perica, Daniel Yong Zhang, Goldman Sachs (Asia) LLC, Morgan Stanley & Co. LLC, JPMorgan Securities LLC, BoFA Securities Inc., Barclays Capital Inc., China Renaissance Securities (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, Citigroup Global Markets Inc., Guotai Junan Securities (Hong Kong) Limited, HSBC Securities (USA) Inc., UBS Securities LLC, BOCI Asia Limited, BOCOM International Securities Limited, CCB International Capital Limited, CLSA Limited, CMB International Capital Limited, Futu Inc., ICBC International Securities Limited, Mizuho Securities USA LLC, and Tiger Brokers (NZ) Limited at the U. S. District Court for the Southern District of New York.

Estate of Yeung Wing Yan v. Golden Ball Holdings Ltd. et al: Originating Application

Originating Application in Osman Mohammed Arab and Wong Kwok Keung, as Trustees of the Estate of Yeung Wing Yan, a bankrupt in Hong Kong v. Golden Ball Holdings Limited, Sparkling Square Holdings Company Limited, Cervera Holdings Limited, Athena Power Limited, Newhaven Corporate Services (B.V.I.) Limited, Trident Trust Company (B.V.I.) Limited, and Vistra (BVI) Limited, all of the British Virgin Islands, at the British Virgin Islands High Court.

SEC v. Eric Watson et al: Complaint

Complaint in U. S. Securities and Exchange Commission v. Eric J. Watson, described as "a New Zealand citizen and believed to be a resident of London, United Kingdom"; Oliver-Barret Lindsay, described as "a Canadian citizen and resident of Vancouver, British Columbia, Canada" and, during the relevant period, "principal of CMGT Capital Management, a Cayman Islands-exempt broker-dealer registered with the Cayman Islands Monetary Authority", and Gannon Giguiere, described as a resident of Newport Coast, California" who "owned and operated TheMoneyStreet.com, a stock promotion website", at the U. S. District Court for the Southern District of New York.

Block Capital Group Ltd. v. Infinity Capital Group Ltd.: Winding Up Petition

Winding Up Petition in Block Capital Group Limited, a British Virgin Islands company based in Australia v. Infinity Capital Group Limited, described as a Cayman Islands company based in Hong Kong "website (infinitycapital.hk) states that Infinity is in the business of developing world-class luxury residences and has completed a number of projects in Singapore, Thailand and Japan", at the Grand Court of the Cayman Islands.

US SEC charges trio with fraud involving Long Blockchain Corp.

The U.S. SEC has charged three people, including a Canadian former resident of the Cayman Islands, Oliver-Barret Lindsay, and a New Zealander residing in England, Eric Watson, with fraud involving publicly-listed Long Blockchain Corp., formerly Long Island Iced Tea Corp.

DiDi Global Inc.: Directors

Director Details for DiDi Global Inc., obtained from the Cayman Islands General Registry on July 7th, 2021.

MatlinPatterson Global Opportunities Partners II LP et al: Chapter 11 Petition

Chapter 11 Petition that "would appropriately place before this Court any dispute over the enforceability against U.S. assets of a Cayman judgment upholding a Brazilian arbitration award that U.S. courts have already determined is unenforceable in the United States" by MatlinPatterson Global Opportunities Partners (Cayman) II L.P., of the Cayman Islands; MatlinPatterson Global Opportunities Partners II L.P., MatlinPatterson Global Opportunities Partners (SUB) II L.P., MatlinPatterson Global Partners II LLC, MatlinPatterson Global Advisers LLC, MatlinPatterson PE Holdings LLC, and Volo Logistics LLC, all of Delaware, which are part of a group that specializes in "distressed investing", at the U. S. Bankruptcy Court for the Southern District of New York.

Universal Life Insurance Company v. Global Growth Holdings Inc. et al: Complaint

Complaint that "arises out of a massive fraudulent scheme devised by Defendant Greg E. Lindberg and co-conspirators" and allegedly involved companies in Bermuda, Cayman Islands, Ireland, Malta, and the USA in Universal Life Insurance Company v. Global Growth Holdings Inc., Eli Global LLC, Greg E. Lindberg, UBS Financial Services Inc., Treatment Resources of Margate Inc., Alpine Capital LLC, Itech Funding LLC, Standard Financial Limited, of Malta; Academy Financial Assets LLC, Atlas Financial Investments LLC, Capital Asset Management I LLC, Global Insurance Capital LLC, Standard Advisory Services Ltd., of Malta; Triton Financial Limited, of Ireland; Hutchison Law Group PLLC, Satori Waters LLC, CSI Interco LLC, Forsyth LLC, Kite Asset Management Inc., Carnation Three LLC, Flowery Branch LLC, Goldman Sachs Bank USA, Morgan Stanley Senior Funding LLC, Verdesian Life Sciences LLC, Goldman Sachs Lending Partners LLC, Credit Suisse AG Cayman Islands Branch, AGH Parent LLC, Daisy Seven LLC, Dahlia Ten LLC, Tybee Island Asset Management Inc., Augusta Asset Management Inc., Pershing LLC, Macon LLC, Parallel Capital Assets LLC, Capital Asset Management II LLC, Standard Investment Capital Ltd., of Malta; New England Capital LLC, Global Bankers Insurance Group LLC, RevolverCap Partners Fund LP, Capital Assets Management III LLC, BLH Capital LLC, Netherlands Insurance Holdings Inc., Iron City Asset Management Inc., Hampton Asset Management Inc., Jackson Asset Management Inc., Chris Herwig, Bryn Mawr Trust Company, Begonia Eight LLC, CBI Group LLC, CBIG Capital LLC, and CBIG Holdings Inc. at the U. S. Bankruptcy Court for the Southern District of New York.

Rafaela Espinal v. DiDi Global Inc. et al: Class Action Complaint

Class Action Complaint alleging securities fraud in Rafaela Espinal v. DiDi Global Inc., formerly Xiaoju Kuaizhi Inc., described as a Cayman Islands company based in China that "purports to be the world's largest mobility technology platform"; Will Wei Cheng, Alan Yue Zhuo, Jean Qing Liu, Stephen Jingshi Zhu, Zhiyi Chen, Martin Chi Ping Lau, Kentaro Matsui, Adrian Perica, Daniel Yong Zhang, Goldman Sachs (Asia) LLC, Morgan Stanley & Co. LLC, JPMorgan Securities LLC, BoFA Securities Inc., Barclays Capital Inc., China Renaissance Securities (Hong Kong) Limited, China International Capital Corporation Hong Kong Securities Limited, Citigroup Global Markets Inc., Guotai Junan Securities (Hong Kong) Limited, HSBC Securities (USA) Inc., UBS Securities LLC, Bocci Asia Limited, BOCOM International Securities Limited, CCB International Capital Limited, CLSA Limited, CMB International Capital Limited, Futu Inc., ICBC International Securities Limited, Mizuho Securities USA LLC, and Tiger Brokers (NZ) Limited at the U. S. District Court for the Southern District of New York. Editor's Note: Research by OffshoreAlert at the Cayman Islands General Registry showed that the directors of DiDi Global Inc. were identified as Adrian Perica, Zhiyi Chen, Wei Cheng, Chi Ping Martin Lau, Qing Liu, Matsui Kentaro, Yong Zhang, and Jingshi Zhu.

Bonnie Franklin v. DiDi Global Inc. et al: Class Action Complaint

Class Action Complaint in Bonnie L. Franklin v. DiDi Global Inc., described as a Cayman Islands company that "is often called 'the Uber of China' and "purports to be a mobility technology platform, providing ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally"; Will Wei Cheng, Jean Qing Liu, Stephen Jingshi Zhu, Alan Yue Zhuo, Colleen A. DeVries, Cogency Global Inc., Goldman Sachs (Asia) LLC, Morgan Stanley & Co. LLC, and JPMorgan Securities LLC at the U. S. District Court for the Central District of California.

Diversified Real Estate Development Ltd. et al v. Deutsche Bank AG et al: Complaint

Complaint on behalf of entities in Bermuda, British Virgin Islands and Cayman Islands "to recover damages from Defendants for their participation in a global fraud that resulted in hundreds of millions of dollars of investor losses, looting of the Companies on a massive scale, and the creation of staggering liabilities for the Companies" in Michael Pearson, Andrew Childe, and Anna Silver, as Joint Official Liquidators of Diversified Real Estate Development Ltd. (in Official Liquidation), GMS Global Market Step Up Note Ltd. (in Official Liquidation), Preferred Income Collateralized Interest Ltd. (in Official Liquidation), Sentinel Investment Fund SPC (in Official Liquidation), SG Strategic Income Ltd. (in Official Liquidation), Sports Aficionados Ltd. (in Official Liquidation), Vanguardia Group Inc. (in Official Liquidation), and Michael Pearson, as Liquidator of Sentinel Mandate and Escrow Ltd. (in Liquidation), Vanguardia Holdings Ltd. (in Liquidation), Spyglass Investment Management Ltd. (in Liquidation), North Pointe Holdings (BVI) Ltd. (in Liquidation), Biscayne Capital Holdings Limited (in Creditor Voluntary Liquidation), and Biscayne Capital (B.V.I.) Ltd. (in Liquidation) v. Deutsche Bank AG, Deutsche Bank AG (London Branch), Deutsche Bank Luxembourg S.A., Deutsche Bank AG (New York Branch), Deutsche Bank Switzerland, Deutsche Bank Trust Companies Americas at the U. S. District Court for the Southern District of Florida.

JenCap Helmet et al v. HQP Corporation Ltd.: Amended Winding Up Petition

Amended Winding Up Petition alleging fraud in JenCap Helmet, a Cayman Islands company; DCM Ventures China Fund (DCM VIII), L.P., DCM VIII, L.P., and DCM Affiliates Fund VIII, L.P., all of Menlo Park, California v. HQP Corporation Limited, described as "the principal entity of a group of companies founded in Shanghai, Mainland China by Alex Chen Xi", at the Grand Court of the Cayman Islands.

Binance: Criminal Complaint

News Release by Thailand's Securities and Exchange Commission that it has filed a criminal complaint against Binance, described as "a digital asset exchange platform provider", for allegedly operating without a license.

Ascentra Holdings Inc.: ‘Court Supervision’ Petition

Petition for Court Supervision of a Voluntary Liquidation by Graham Robinson, of Crowet Cayman Ltd., as Voluntary Liquidator of Ascentra Holdings Inc. (in Voluntary Liquidation), formerly known as Interush Holdings, Inc., at the Grand Court of the Cayman Islands.

Mark Dyne et al v. Janus Friis: Complaint

Complaint alleging conspiracy involving a company called Wire, described as a "secure collaboration platform" founded by the defendant that was "close to complete collapse" before the individual plaintiffs "stepped in to save Wire by putting together a rescue package and risking and investing their own funds" in Mark Dyne, Murray Markiles, Joseph Miller, Morpheus Partners Holdings GP I LLC, of Delaware; Morpheus Partners Holdings I GP, LP, of Delaware; ECA Iconical Carry LP, of the Cayman Islands, and ECA Iconical Carry GP Ltd., of the Cayman Islands v. Janus Friis, described as "a Danish entrepreneur who resides in London, United Kingdom", at the Superior Court of the State of California, for the County of Los Angeles.

JenCap Helmet et al v. HQP Corporation Ltd.: Winding Up Petition

Winding Up Petition alleging fraud in JenCap Helmet, a Cayman Islands company; DCM Ventures China Fund (DCM VIII), L.P., DCM VIII, L.P., and DCM Affiliates Fund VIII, L.P., all of Menlo Park, California v. HQP Corporation Limited, described as "the principal entity of a group of companies founded in Shanghai, Mainland China by Alex Chen Xi", at the Grand Court of the Cayman Islands.