Winding Up Petition in Azimut Bennetti SpA, of Italy v. Nautical Corp, whose beneficial owner is identified as Samark Jose Lopez Bello, a Venezuelan who was "designated by the US Department of the Treasury's Office of Foreign Assets Control as a Specially Designated Narcotics Trafficker", at the Grand Court of the Cayman Islands.
In filing a winding up petition last week, Bermuda-domiciled Triathlon Limited became the second obscure offshore entity in eight months to sue Cayman Islands-domiciled investment firm B & C Capital Ltd., whose principals include 43-year-old Canadian Ryan Bateman.
Originating Summons in Thomas Engibous, David Maines, Diana Marie Sykes, Gerald Sykes, E.R.N. Company, Toby Demicco, BST GC PIP, LLC, CMH Properties Ltd., BST GC Residence, LLC, Marsha Ltd., Fred Eshelman, Kirk Roney, BWI Residential Ltd., MJDBJD Limited, Probst Cayman Holdings LLC, William Maines, Alan Cummings, Rita Cummings, Scot Foith, Paula Foith, Edwin B. Lyon, Carla F. Lyon, Guy Northridge, Vanessa H. Northridge, Martin Deitchman, Skyco Ltd., Paradise Investment Group, and TNL Condo Leasing v. The Proprietors, Strata Plan No. 404, Cesar Hotelco (Cayman) Ltd. (In Receivership), Condoco Grand Cayman Resort Ltd. (In Receivership), Villasco Grand Cayman Resort Ltd., and Cesar Properties Ltd. (In Receivership) at the Grand Court of the Cayman Islands.
Originating Summons in Robert Sadler, Moon Management Services, Inc., Scot Foith, Susan de Silva, Tim Trout, Michael Mortimer, and Cynthia Mortimer v. The Proprietors, Strata Plan No. 550 and Cesar Properties Ltd. regarding The DeckHouses at The Ritz-Carlton, Grand Cayman at the Grand Court of the Cayman Islands.
In the Matter of an Application for the appointment of an Inspector in relation to Barrington Investments Ltd. on behalf of the Estate of Peter Vernon Webb, Sr., a.k.a. Vernon Barrington Webb, filed at the Grand Court of the Cayman Islands.
Barclays Bank Plc in the United Kingdom has been held liable for damages suffered by investors in a wine-based, offshore investment scam for which the bank provided services.Summary judgment against the bank and in favor of claimant Cayman Islands-registered Architects of Wine Ltd. (in liquidation) was entered at the U. K. High Court on June 16, 2006.