A contempt of court motion has been filed in the United States against a Bermuda-based firm that manages several hedge funds registered in the British Virgin Islands and also has ties to Canada and Switzerland.Lake Shore Asset Management Limited, which is believed to manage at least $466 million, has refused to turn over documents to the Commodity Futures Trading Commission in breach of a Statutory Ex-Parte Restraining Order issued seven days earlier, stated the regulator in its contempt motion at the U. S. District Court for the Northern District of Illinois on July 3, 2007.
Articles Bermuda British Virgin Islands Canada Featured Fraud Investment Liquidations & Insolvencies Switzerland United Kingdom USAJuly 12, 2007
Offshore hedge fund group refuses to turn over records, claims US regulator
15 years ago
TopicsBermuda British Virgin Islands Canada Fraud Investment [ 4 more... ] [ top 5 ]
KeywordsBank of New York Blake Cassels & Graydon Eric Bloom Fimat Harneys
John Kurgan John Thomas Church Ken Cuomo KPMG Lake Shore Asset Management Lake Shore Group Laurence Rosenberg Lehman Brothers Liquidations & Insolvencies Man Financial Nicholas Eveleigh Philip Baker Ron Cuomo Roth Mosey & Partners Sentinel Management Group Stephan Von Hase Thomas Baker[ 17 more... ] [ top 5 ]