Karen Scott

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    Income Collecting 1-3 Months T-Bills Mutual Fund: Chapter 15 Petition (2021)

    Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Russell Homer and Karen Scott, as the Joint Voluntary Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund, of the Cayman Islands, filed at the U. S. Bankruptcy Court for the Southern District of New York.

    Directors signed ‘declaration of solvency’ for ‘insolvent’ Cayman fund, say liquidators

    Directors in the Bahamas and British Virgin Islands - Boisy Roberts and Trevor Liburd - signed a declaration of solvency for an apparently insolvent Cayman Islands mutual fund so it could go into voluntary liquidation despite its assets being frozen one day earlier after the Fund was sued by the U.S. SEC for allegedly perpetrating a $106 million fraud, say the Fund's liquidators.