Alexandria Bancorp

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    Alexandria Bancorp Ltd. v. Herman Kassinger Foundation et al: Originating Summons

    Originating Summons in Alexandria Bancorp Limited v. Robert Arthur Alexander, as Protector of the Trust; George Charles Stirling Morison, as Protector of the Trust; The Herman Kassinger Foundation, Michael Thomas Kassinger, Gabrielle Emma Kassinger, Stephen Andre Kassinger, Ross Michael Kassinger, Kristen Nicole Kassinger, Katharine Claire Kassinger, Madelaine Emma Joyce Kassinger, Duke Davis Kassinger (a minor), Tessa June Kassinger (a minor), Jutta Maria Kassinger, Peter August Kassinger, and Doris Gallus, some or all of whom appear to live in Canada and the USA, at the Grand Court of the Cayman Islands.

    Star Capital Fund investor criticizes Cayman Islands Monetary Authority

    A Canadian investor in the failed Star Capital Fund has criticized regulators in the Cayman Islands over their lack of interest in investigating apparent illegalities in the operation and liquidation of the mutual fund. Alan Hammaker, who lost US$20,000 in the fund, said his experience as a foreign investor in a Cayman mutual fund has left him disillusioned not only with the island but with the offshore world in general.

    Regulators asked to investigate Star Capital Fund

    The Cayman Islands Monetary Authority has been asked to investigate a failed mutual fund that was run and promoted by the staff of Lines Overseas Management (Cayman) and administered by Alexandria Bancorp.A Canadian investor has made a written request for an inquiry on the grounds that a number of laws may have been broken during the operation and current liquidation of Star Capital Fund.