Alfred Taubman

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    Lancer Offshore Receiver sues parties from nine countries

    Civil complaints have been brought against parties from nine countries, including former Sotheby's Chairman Alfred Taubman, in an attempt by the Receiver for the failed Lancer Offshore group of hedge funds to recover allegedly fraudulent transfers. Among the defendants in two actions filed at the U. S. District Court for the District of Florida this month are companies from Bermuda, Canada, Isle of Man, Netherlands Antilles, Jersey, Kuwait, Switzerland, the United States and the United Kingdom.

    Lancer investment partnership files for bankruptcy, pop star among creditors

    American pop star Britney Spears and jailed former Sotheby's Chairman Alfred Taubman are among investors in the Lancer Offshore Fund Group, which has collapsed amid suspicions of securities fraud.They were among 110 "Equity Security Holders" listed by one of the group's investment partnerships, Lancer Partners, when it filed for Chapter 11 bankruptcy protection in Connecticut on April 16, 2003.