Banks & Trusts

Application by Ernesto Andrade Group to take discovery from Citibank, N.A., The Bank of New York Mellon, Société Générale, New York Branch; HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Barclays Bank PLC, Bank of America, N.A., Wells Fargo Bank, N.A., and The Clearing House Payments Company, LLC for use in legal proceedings in Brazil to recover $7,680,184 from Nelson Nogueira Pinheiro that he allegedly "embezzled ... in his role as the former manager of FPB Bank", which is based in Panama, filed at the U.S. District Court for the Southern District of New York.

Complaint in Citizens Bank N.A., as Administrative Agent v. Liberty Hall Capital Partners Fund I L.P., of the Cayman Islands, at the U.S. Bankruptcy Court for the District of Delaware.

Notice of Emergency Motion for Temporary Restraining Order and Preliminary Injunction in Aid of Arbitration in Vector Resources Ltd., described as a Cayman Islands-domiciled, U.S.-based company that is "in the business of acquiring, developing, and operating gold and silver mines in British Columbia, Canada, and Tolima, Colombia" v. Ethos Asset Management LLC and East West Bancorp Inc., a.k.a. East West Bank, at the U.S. District Court for the Southern District of New York.

Public Notice by the Labuan Financial Services Authority that "a creditor petition for the winding up of City Credit Investment Bank Limited, a Labuan investment bank, had been filed in the High Court of Sabah and Sarawak at the Federal Territory of Labuan".

Class Action Complaint alleging securities fraud regarding alleged statements about the relationship between Jeffrey Epstein, described as "an American financier and a sex offender", and James 'Jes' Staley, described as Barclays Plc's "Group Chief Executive from December 1, 2015 to October 31, 2021", in Stephen Merritt v. Barclays Bank Plc, of England; James E. Staley, a.k.a. Jes Staley; Tushar Morzaria, C.S. Venkatakrishnan, and Anna Cross at the U.S. District Court for the Central District of California.

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank and PNC Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "an unknown suspect(s) for fraud".

Application by Banco Votorantim S.A. to take discovery from The Clearing House Payments Company L.L.C., Bank of America, N.A., The Bank of New York Mellon, BNP Paribas USA, Citibank, N.A., Commerzbank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA, N.A., Bank of Nova Scotia, Barclays Bank PLC, JPMorgan Chase Bank, N.A., Société Générale, Standard Chartered Bank, UBS AG, and Wells Fargo Bank, N.A. "for use in an ongoing civil proceeding that Applicant filed against the judgment debtors Credz S.A. Instituição de Pagamento, JJLF Empreendimentos Imobiliarios e Participacoes Ltda., JJLF Participações Financeiras Ltda., Elenir Elias Zogbi, Fabio Joao Zogbi, Lais Helena Zogbi Porto, Joao Antonio Zogbi Filho in Brazil to enforce the BRL 81 million (approximately USD 16 million) money judgment that Applicant owns against the Foreign Judgment Debtors", filed at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase and Bank of America - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "an unknown suspect(s) for fraud".

Complaint for $4.2 million alleging mortgage fraud in UniBank for Savings v. M/Y Suneeta II, described as "a 68' 2023 Princess motor yacht"; Rishi Kumar Kapoor, and Jennie Elizabeth Frank Kapoor, described as residents of Miami-Dade County, Florida, USA, at the U.S. District Court for the Southern District of Florida.

Decision Notice by the Cayman Islands Monetary Authority revoking the license of Trade and Commerce Bank - 21 years after the bank went into liquidation.

A depositor of the Cayman Islands branch of California-based Silicon Valley Bank is suing the Federal Deposit Insurance Corporation in the United States for allegedly illegally transferring its entire balance of $250,000 out of its account. Cayman-domiciled Knight League Limited alleges conversion, unjust enrichment, and breach of contract.

Complaint alleging conversion, unjust enrichment, and breach of contract regarding the alleged transfer of $250,000 out of the Cayman Islands branch of Silicon Valley Bank in Knight League Limited, of the Cayman Islands v. Federal Deposit Insurance Corporation at the U.S. District Court for the District of Columbia.

Decision Notice by the Dubai Financial Services Authority Dubai Financial Services Authority imposing a fine of $373,842 on FFA Private Bank (Dubai) Limited, described as a wholly-owned subsidiary of Lebanon-based Capital Bank, a.k.a. I&C Bank, for regulatory breaches.

Public Notice by the Luxembourg CSSF regarding the "Judicial liquidation" of Fortuna Banque s.c. and the "Activation of the Luxembourg Investor Compensation Scheme".

Application by Oksana Kiritchenko to take discovery from Citicorp North America, Inc., U.S. Bancorp., J.P. Morgan Chase Bank, Bank of America, Pacific Western Bank, LogiX Federal Credit Union, Wells Fargo Bank, and Richard Ploesch for use in legal proceedings in Bulgaria, filed at the U.S. District Court for the Central District of California.

Application by QIC Ltd., described as "a governmental entity wholly owned by the Australian State of Queensland", to take discovery from Deutsche Bank AG New York Branch and Deutsche Bank Trust Company of the Americas for use in legal proceedings in Denmark "against Danske Bank A/S" by "over 300 claimants" who allegedly suffered investment losses of "around $1 billion" due to "a series of money laundering activities over a nine-year period from 2007 through 2015 by Danske’s Estonian branch, which has been referred to as the largest money laundering scandal in world history", filed at the U.S. District Court for the Southern District of New York.

Originating Summons in MYF Maximus Limited, of the Cayman Islands v. DNB Bank ASA, of Norway; Swedbank AB, of Sweden; NIBC Bank N.V., of the Netherlands; Eksportfinansiering Norge, of Norway; NM Shipholding AS, of Norway, and Maximus Limited, of the Cayman Islands, at the Grand Court of the Cayman Islands.

Application by LITASCO S.A. to take discovery from The Clearing House Payments Company LLC, Citibank N.A.; Deutsche Bank Trust Company Americas; Standard Chartered Bank; HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., The Bank of New York Mellon, Wells Fargo Bank N.A., Barclays Bank PLC, United Bank for Africa, America, Société Générale North America, SG Americas Securities Holdings, LLC, and BNP Paribas USA, Inc. for legal proceedings in England "against Der Mond Oil and Gas Africa SA and Locafrique Holding SA", filed at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase - pursuant to a request for judicial assistance from Panama - for a criminal investigation into "unknown subjects for fraud, data interception, and aggravated fraud against information systems".

Application by Frasers Group Plc, described as "a British retailer group listed on the FTSE-100 (but majority owned by its founder, Mike Ashley)", to take discovery from James Patrick Gorman, described as "Chairman and CEO of Morgan Stanley", for use in legal proceedings in England regarding "a highly unusual US$995 million margin call that Morgan Stanley improperly imposed on Saxo Bank (and passed on to Frasers) in relation to certain options held by Frasers", filed at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from PNC Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "an unknown perpetrator(s) for fraud".

Originating Application for the appointment of liquidators regarding an alleged debt of HK$3.3 billion in Industrial and Commercial Bank of China (Macau) Limited, of Macau v. Rich Region Holdings Limited at the British Virgin Islands High Court.

Complaint for "for lender liability against the Defendants arising from loans and financing which directly promoted, and continues to promote, significant environmental degradation in and around the Brazilian State of Minas Gerais" in City of Ouro Preto, in Minas Gerais, Brazil v. Merrill Lynch Pierce Fenner & Smith, Barclays Capital Inc., Citibank Inc., Citigroup Global Markets Inc., JPMorgan, and JPMorgan Securities LLC at the U.S. District Court for the Southern District of New York.

Originating Summons in U.S. Bank N.A., as Trustee; Joshua N. Terry, and ACIS Capital Management L.P., as Plaintiffs and Counter-Defendants v. The Charitable Donor Advised Fund L.P., CLO Holdco Ltd., and NexPoint Diversified Real Estate Trust, as Defendants and Counter-Plaintiffs, at the Grand Court of the Cayman Islands.

Complaint for $610,507 against the alleged "guarantors" of a loan issued to Indigo Holdings Ltd., of Anguilla, in William Tacon, as Administrator of Caribbean Commercial Investment Bank Ltd., of Anguilla v. Robert Cromwell and Sarit L. Rozycki, both of Scarsdale, New York, USA, described as "sole shareholders of Indigo", at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from Wells Fargo Bank N.A. - pursuant to a request for judicial assistance from Bulgaria - for a criminal investigation into suspected fraud by an unknown subject(s) allegedly posing as a representative of "a South Korean media company".

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the voting rights of Alfa-Bank JSC, of Russia, regarding Alfa Capital Markets Ltd., of which Alfa-Bank is the "sole direct shareholder".

Petition to enjoin the respondents "from permitting the Republic of Chad and entities acting at its de facto direction to steal the equivalent of over $151 million held in bank accounts with Citibank’s branch in Gabon, which is controlled by Citibank" in Savannah Midstream Investment Limited, of the Bahamas v. Citibank, N.A. and Citigroup, Inc. at the U.S. District Court for the Southern District of New York.

Application by Cosimo Borrelli, as Joint Provisional Liquidator of Global Fixed Income Fund I Limited (in Official Liquidation), Principal Investing Fund I Limited (in Official Liquidation), Long View II Limited (in Official Liquidation), all of the Cayman Islands, and Real Assets (RA) Global Opportunity Fund I Ltd. (in Provisional Liquidation), of the British Virgin Islands, to take discovery from Citibank N.A. and Brown Brothers Harriman for use in legal proceedings in England regarding the alleged "misdeeds of brothers Mutaz Otaibi and Hussam Otaibi, and James Wilcox, and abuse of their roles within the Floreat group of companies", filed at the U.S. District Court for the Southern District of New York.

Forfeiture Complaint regarding "assets involved in and traceable to an international conspiracy to, among other things, launder money misappropriated from 1Malaysia Development Berhad (“1MDB”), a strategic investment and development company wholly-owned by the government of Malaysia", in USA v. Pablo Picasso's 'Trois femmes nues et buste d'homme' drawing and All Funds and Assets on deposit in an account in the name of Glen Vine Partners Limited, of the British Virgin Islands, at ONE Swiss Bank S.A., in Switzerland, at the U.S. District Court for the Central District of California.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Germany by Dietmar Haffa, as the Foreign Representative of North Channel Bank GmbH & Co., filed at the U.S. Bankruptcy Court for the District of Delaware.

Application for the appointment of a Commissioner to collect evidence from International Union Bank - pursuant to a request for judicial assistance from Liechtenstein - for a criminal investigation into "an international money laundering scheme allegedly involving Petróleos de Venezuela S.A. (“PDVSA”), Venezuela’s state-owned and state-controlled oil company".

Winding Up Petition in Bank Julius Baer & Co. Ltd., of Hong Kong v. JBAM Global Income Fund at the Grand Court of the Cayman Islands.

Application by Ai Cheng to take discovery from Bank of America N.A. for use in legal proceedings in China against An Ning, a.k.a. Kelvin An, described as a citizen of China who "is a business-television anchorwoman and entrepreneur", for alleged "financial crimes related to a financial fraud perpetrated against Petitioner", filed at the U.S. District Court for the Southern District of New York.

Originating Application for the appointment of liquidators regarding an alleged debt of £1 billion in Bank of Scotland Plc v. Penultimate Investment Holdings Limited, which is reportedly the indirect owner of the Telegraph Media Group Limited and The Spectator (1828) Limited, at the British Virgin Islands High Court.

Complaint "to recover more than $19,000,000 that was fraudulently transferred to One Florida Bank by non-party Lighthouse Management, LLC" in Fortinbras Enterprises LP, HT Investments LLC, Silver Rock Contingent Credit Fund LP, all of Delaware, USA, and Silver Rock Tactical Allocation Fund LP, of the Cayman Islands v. One Florida Bank at the Circuit Court of the Ninth Judicial Circuit, in and for Orange County, Florida.

Stop Notice by HSBC USA N.A. regarding shares in Diamond Foreign Asset Company in the names of Diamond Offshore Drilling Inc. and Diamond Offshore Services LLC at the Grand Court of the Cayman Islands.

Stop Notice by HSBC Bank USA N.A. regarding shares in Diamond Offshore Drilling Limited in the name of Diamond Foreign Asset Company at the Grand Court of the Cayman Islands.

Stop Notice by HSBC Bank USA N.A. regarding shares in Diamond Offshore International Limited in the name of Diamond Offshore Drilling Limited at the Grand Court of the Cayman Islands.

Complaint in Obsidian Capital SGR SpA, formerly known as Fenera and Partners SGR, of Italy v. JP Morgan Chase Bank N.A. and Meg Sales LLC at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase N.A. - pursuant to a request for judicial assistance from Portugal - for a criminal investigation into "unknown subject(s) for fraud".

Application for the appointment of a Commissioner to collect evidence from Wells Fargo - pursuant to a request for judicial assistance from Germany - for a criminal investigation

Application for the appointment of a Commissioner to collect evidence from Truist Bank - pursuant to a request for judicial assistance from Portugal - for a criminal investigation into an "unknown suspect(s) for fraud".

Public Notice that Mathew Clingerman, of Kroll, and Andrew Childe and Richard Lewis, both of FFP, have been appointed as Joint Liquidators of St. John's Trust Company (PVT) Limited at Bermuda Supreme Court.

Class Action Complaint in Alexander Chernyavsky, of Florida; Ryan Henderson, of California; Vitor Vozza, a citizen and resident of Brazil; Kyle Rupprecht, a citizen and resident of Canada; Warren Winter, a citizen and resident of Germany; Sunil Kavuri, a citizen and resident of the United Kingdom v. Temasek Holdings (Private) Limited, of Singapore; Temasek International (USA) LLC, SoftBank Group Corp., SB Group US, Inc., Softbank Investment Advisers (UK) Limited, Softbank Global Advisers Limited, Sino Global Capital Limited, and Sino Global Capital Holdings, LLC at the U.S. District Court for the Southern District of Florida.

Application by Lukoil Benelux B.V., of Luxembourg, to take discovery from The Clearing House Payments Company L.L.C., Bank of America N.A., Citibank N.A., Deutsche Bank Trust Company Americas, Standard Chartered Bank, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., The Bank of New York Mellon, Wells Fargo Bank N.A., Santander Bank, N.A., and Credit Agricole CIB for use in legal proceedings in England "against Oil Distribution Terminals S.L., Biomar Oil S.L., Buran Energy S.A., Corporacion Financiera Kleber Iberica S.L., Mr Tirso-Jose-Maria Tomas Herrero and Mr Juan Antonio Molina Garcia", filed at the U.S. District Court for the Southern District of New York.

Petition to Vacate Arbitration Award The Kyrgyz Republic v. JSC Tashkent Mechanical Plant, JSCB Asaka, JSCB Uzbek Industrial and Construction Bank, and National Bank for Foreign Economic Activity of the Republic of Uzbekistan at the U.S. District Court for the District of Columbia.

Application by Dolores Acevedo, Victoria Acevedo, and Rosario Acevedo to take discovery from JPMorgan Chase, Banco Santander, Bank of America, and the Society for Worldwide Interbank Financial Telecommunication "for use in civil and criminal proceedings in Argentina" alleging the fraudulent concealment of assets belonging to the estate of Jorge Eduardo Acevedo, filed at the U.S. District Court for the Southern District of Florida.

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Class Action Complaint in Connor O'Keefe v. Farmington State Bank, a.k.a. Moonstone Bank; Deltec Bank & Trust Company Limited, described as "an offshore bank licensed and operating in The Bahamas", and Jean Chalopin, described as "a banking executive domiciled in The Bahamas", at the U.S. District Court for the Eastern District of Washington.