Winding Up Petition in BNP Paribas Arbitrage SNC v. Millesime Master Diversified Fund at the Grand Court of the Cayman Islands.
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Michael Pearson, as the Foreign Representative of Ardent Harmony Fund Inc., at the U. S. Bankruptcy Court for the Southern District of New York.
A Cayman fund group set up by Barbados-based Canadian attorney Jeffrey Lipton has collapsed, putting US$89m of investors' funds at risk. Argyle Funds SPC, ARC (Euro) Fund, ARC (USD) Fund, and Ardent Harmony Fund went into liquidation apparently due to problems with loans of approximately $40m to NY-based factoring firm RMP Capital Corp.
Petition for court supervision of a voluntary liquidation in Fund Solution Services Limited v. Clover Investment Advisors Ltd. at the Grand Court of the Cayman Islands.
Petition in Michael Pearson and Andrew Childe, of Fund Solution Services Limited v. Hurlstone General Construction Ltd. at the Grand Court of the Cayman Islands.
Petition in Fund Solution Services Limited v. BMB Technology and Telecommunications Investment Company at the Grand Court of the Cayman Islands.