1st Class Legal

Complaint for $4.95 million alleging fraud regarding a litigation funding agreement in Mitchell NewDelman, described as "a resident of France through 2013, and thereafter Monaco"; Frank B. Holze, of Maine, and Willis E. Higgins, of Monaco v. Burford Capital Investment Management LLC, f.k.a. Gerchen Keller Capital LLC, of Delaware; Burford, f.k.a. GKC Holdings LLC, of New York; Burford Capital LLC, of Delaware; BCIM Partners II LP, f.k.a. GKC Partners II LP, of Delaware; BCIM PII Holdings LLC, f.k.a. GKC Limited Partners II, of Delaware; Ashley C. Keller, described as an attorney based in Chicago; Donald Stern and Richard L. Gilbert, each described as a director of Semiconductors Inc., at the Circuit Court of Cook County, Illinois.

Letter from Salvatore Cugliari denying a claim by the provisional liquidators of fraudulently-operated Cayman Islands-based Centaur Litigation SPC, Centaur Litigation Limited, and Centaur Litigation Unit Series 1 Limited that Royal Luxembourg Soparfi is a "hollow insurer". Royal Luxembourg Soparfi is "a holding company, not an insurer", writes Cugliari.

More than £27 million of the £80 million raised from investors by the Cayman Islands-domiciled Centaur Group may have been misappropriated by insiders Scott Williams, Duane McGaw, Brendan Terrill and others, according to the Joint Provisional Liquidators.

Grant Thornton's First Report to Creditors and Investors of Centaur Litigation SPC, Centaur Litigation Limited, and Centaur Litigation Unit Series 1 Limited (in Provisional Liquidation).

London-based litigation fund Argentum Capital, whose shares are listed on the Channel Islands Securities Exchange and whose chairman is retired British judge David Keene, is being financed by what appears to be a £90 m Ponzi scheme headed by Briton Brendan Terrill and involving the BVI, Cayman Islands, Hong Kong, Jersey, Singapore, Thailand and other jurisdictions, OffshoreAlert can reveal.