Ernst & Young

Caledonian Bank and affiliate Caledonian Securities have been taken over by their local regulator, the Cayman Islands Monetary Authority, four days after both were sued in the United States for alleged participation in a $75 million stock scam.

Public Notice - Controllership of Caledonian Bank and Caledonian Securities - Cayman Islands Monetary Authority - February 10, 2015

Ernst & Young Ltd., MaplesFS Limited, KPMG, and Butterfield Bank have taken legal action in the Cayman Islands to prevent public disclosure of "commercially sensitive and/or personal information" that the Cayman Compass newspaper obtained under the Freedom of Information Law.

Winding Up Petition in TB International Limited and Trustbridge Partners II LP v. Boshiwa International Holding Limited at the Grand Court of the Cayman Islands.

Petition In the Matter of Redwood Reinsurance SPC, Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

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).

Winding Up Petition in Lai Yueh-Hsing v. Mayer Holdings Limited at the Grand Court of the Cayman Islands.

Reasons for Orders in GL Asia Mauritius II Cayman Limited v. Ambow Education Holding Ltd. at the Grand Court of the Cayman Islands.

Winding Up Petition in Schroder & Co. Bank AG v. Mao Holdings (Cayman) Limited at the Grand Court of the Cayman Islands.

Originating Application in Strategy Success Limited v. Dorsey Group Limited at the British Virgin Islands High Court.

Originating Application in Kea Investments Limited v. Spartan Capital Limited at the British Virgin Islands High Court.

Discovery Protocol Order in Primeo Fund v. Bank of Bermuda (Cayman) Limited and HSBC Securities Services (Luxembourg) SA at the Grand Court of the Cayman Islands.

Originating Application in Huawei Technologies Co. Limited v. C-Mobile Services Ltd. at the British Virgin Islands High Court.

Order in Oleksii Arturovich Ostroukhov v. Yano Holdings Limited at the British Virgin Islands High Court.

Writ of Summons in Weavering Macro Fixed Income Fund Limited v. Ernst & Young Chartered Accountants, Ernst & Young Ltd. and Ernst & Young at the Grand Court of the Cayman Islands.

Writ of Summons in Ernst & Young v. Samantha Widmer and Peter Widmer at the Grand Court of the Cayman Islands.

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.

Winding-Up Order in Huawei Technologies Co., Ltd. v. HiTs Africa Ltd. at the Grand Court of the Cayman Islands.

Amended Trustee's Report and Disclosure Statement In the Matter of Fletcher International, Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Robin McMahon and Roy Bailey, as the Foreign Representatives of FIA Leveraged Fund (in liquidation), at the U. S. Bankruptcy Court for the Southern District of New York.

Originating Application in Holman Fenwick Willan LLP v. Michael Wilson & Partners Limited at the British Virgin Islands High Court.

Winding Up Petition in Christopher Michael Nacson v. Suntech Power Holdings Co., Ltd. at the Grand Court of the Cayman Islands.

Originating Application in C-Mobile Services Limited v. Huawei Technologies Co. Limited at the British Virgin Islands High Court.

Judgment in Partners Group Access Secondary 2008, LP, Partners Group Access 89, LP, Partners Group Maple Leaf Secondary Fund II, LP Inc., Partners Group Access IV LP, and Partners Group Global Value SICAV v. Cybernaut Growth Fund L.P. at the Grand Court of the Cayman Islands.

Notice of Removal in Karl Eller, Joan Eller, and The University of Arizona v. UBS AG, UBS AG, Stamford Branch; UBS AG, London Branch; and UBC (Cayman) Ltd. at the U. S. District Court for the District of Arizona.

Petition for the Court's sanction of a Scheme of Arrangement In the matter of MIR UK Hedge Fund Limited at the Grand Court of the Cayman Islands.

Winding Up Petition in Huawei Technologies Co., Ltd. v. HiTs Africa Ltd. at the Grand Court of the Cayman Islands.

Originating Application in Ideal Asset Management Limited v. Cordia Global Limited at the British Virgin Islands High Court.

Petition In the Matter of Royal Bank of Canada International Currencies Fund Ltd. at the Grand Court of the Cayman Islands.

Winding-Up Order in Apex Fund Services Ltd. v. Calibre Fund SPC at the Grand Court of the Cayman Islands.

Writ of Summons in Weavering Macro Fixed Income Fund Limited (in Official Liquidation) v. Ernst & Young Chartered Accountants (Dublin), Ernst & Young Ltd. (Cayman Islands), and Ernst & Young (Cayman Islands) at the Grand Court of the Cayman Islands.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Ireland by Alexander Rosati, as the Foreign Representative of Chartis Excess Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Greg Watson, as the Foreign Representative of Sino-Forest Corporation, at the U. S. Bankruptcy Court for the Southern District of New York.

Originating Application in SIA Petrobaltica v. Selberg Products Limited at the British Virgin Islands High Court.

Winding-Up Application in Huawei Technologies Co. Ltd. v. C-Mobile Services Ltd. at the British Virgin Islands High Court.

Writ of Summons in Weavering Macro Fixed Income Fund Limited (in Official Liquidation) v. Ernst & Young Chartered Accountants (a firm), domiciled in Ireland; Ernst & Young Ltd., and Ernst & Young (a firm), both domiciled in the Cayman Islands, at the Grand Court of the Cayman Islands.

Originating Application in Herbert Smith Freehills, formerly Herbert Smith, v. A-Power Energy Generation Systems, Ltd. at the British Virgin Islands High Court.

Opposition to Motion for Contempt In re. Fletcher International Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

A bankruptcy judge in New York has extended an injunction preventing Cayman feeder funds from pursuing a petition to wind up Fletcher International in Bermuda. Judge Robert E. Gerber stated that he wanted to give the hedge fund "a reasonable time" to attempt to re-organize, while acknowledging it might be beyond saving.

Pre-Hearing Opposition to Plaintiff's Motion for Preliminary Injunction in Fletcher International, Ltd. v. Fletcher Income Arbitrage Fund, FIA Leveraged Fund, and Fletcher Fixed Income Alpha Fund, Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

New York, rather than Bermuda, is a more convenient jurisdiction to liquidate Bermuda-domiciled master hedge fund Fletcher International, Ltd. - but only if its "pre-petition operating team" is removed. That is the stance of the offshore liquidators of one of three Cayman Islands-domiciled feeder funds that are involved in litigation with the Fletcher Fund Group in Cayman, Bermuda and New York.

Declaration of Donald MacKenzie in support of Fletcher International, Ltd.'s motion for TRO and other relief in Fletcher International, Ltd. v. Fletcher Income Arbitrage Fund, Ltd., FIA Leveraged Fund, and Fletcher Fixed Income Alpha Fund, Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

Response by Cayman Islands-domiciled Fletcher Fixed Income Alpha Fund, Ltd. (in official liquidation) to Bermuda-domiciled Fletcher International, Ltd.'s motion for temporary restraining order and other relief in Fletcher International, Ltd. v. Fletcher Income Arbitrage Fund, Ltd., Fletcher Fixed Income Alpha Fund, Ltd. and FIA Leveraged Fund at the U. S. Bankruptcy Court for the Southern District of New York.

Winding Up Order In the Matter of Fletcher Income Arbitrage Fund Ltd. at the Grand Court of the Cayman Islands.

Declaration of Floyd Saunders in support of a Chapter 11 Voluntary Petition filed by Bermuda-domiciled Fletcher International, Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

Petition for Court Supervision of Voluntary Liquidation In the Matter of Sytrarb Fund at the Grand Court of the Cayman Islands.

A hedge fund group operated by New York-based Fletcher Asset Management that claims to manage $550 million in Bermuda, Bahamas, Cayman Islands and Delaware has been accused of impeding an investigation into its affairs by offshore liquidators, who have also raised concerns about allegedly related entities in the British Virgin Islands and the Channel Islands.

Winding Up Petition in FIA Leveraged Fund v. Fletcher Income Arbitrage Fund Ltd. at the Grand Court of the Cayman Islands.

Winding-Up Petition in Squire, Sanders & Dempsey v. HiTs Africa Ltd. at the Grand Court of the Cayman Islands.

Originating Application in Camberly Ventures Limited v. Cobra Business Ventures Ltd. at the British Virgin Islands High Court.