Grand Island Commodity Trading Fund II

Investors who were defrauded out of approximately US$19 million by four Cayman Islands-based hedge funds known as the Grand Island Funds received an initial dividend of 57 cents in the dollar last month from the liquidators, with the prospect of up to six cents more as a final dividend. The first distribution was made possible after the liquidators received US$7 million from the Funds' former service providers, directors and other insiders to settle disputes.

Sixth Report of Liquidators of Grand Island Funds filed at the Grand Court of the Cayman Islands.

Fifth Report of Liquidators of Grand Island Funds filed at the Grand Court of the Cayman Islands.

Writ of Summons by Grand Island Master Fund Limited, Grand Island Income Fund, Grand Island Commodity Trading Fund and Grand Island Commodity Trading Fund II against KPMG that was filed at the Grand Court of the Cayman Islands on April 1, 2011.

Fourth Report of Liquidators of Grand Island Funds filed at the Grand Court of the Cayman Islands.

Third Report of Liquidators of Grand Island Funds filed at the Grand Court of the Cayman Islands.

Writ of Summons and Statement of Claim filed by the liquidators of Grand Island Master Fund Limited, Grand Island Income Fund, Grand Island Commodity Trading Fund, and Grand Island Commodity Trading Fund II against Close Brothers (Cayman) Limited and John Sutlic at the Grand Court of the Cayman Islands.

Order transferring cases involving Grand Island Master Fund Limited, Grand Island Income Fund, Grand Island Commodity Trading Fund, and Grand Island Commodity Trading Fund II to the Financial Services Division of the Grand Court of the Cayman Islands.

Statement of Claim filed by RCTG Investments Limited, Caribbean Commodities Ltd., Grand Island Income Fund, Grand Island Master Fund Limited, Grand Island Commodity Trading Fund, and Grand Island Commodity Trading Fund II against Scotia Capital Inc. at the Ontario Superior Court of Justice, in Canada.

Second Report of the liquidators of Grand Island Commodity Trading Fund, Grand Island Commodity Trading Fund II, Grand Island Income Fund, and Grand Island Master Fund Limited at the Grand Court of the Cayman Islands.

First Report of Liquidators of Grand Island Commodity Fund to the Grand Court of the Cayman Islands.

First Affidavit of Naul Bodden in the case of the liquidators of Grand Island Master Fund, Grand Island Income Fund, Grand Island Commodity Trading Fund, and Grand Island Commodity Trading Fund II against Caribbean Commodities Ltd., RCTG Investments Ltd., and Robert Christopher Girvan at the Grand Court of the Cayman Islands.