Illinois-based hedge fund operator Ritchie Group has filed a Petters Group-related complaint in the Cayman Islands against Boston-based General Electric Company - three years after a similar action was dismissed in the United States.
Writ of Summons in Ritchie Capital Management LLC, Ritchie Capital Management SEZC Ltd., Ritchie RML Trading Ltd., Ritchie Special Credit Investments Ltd., Rhone Holdings II Ltd., Ritchie Structured Multi-Manager Ltd., and Yorkville Investments I LLC v. Lancelot Investors Fund Ltd. (in Official Liquidation) and General Electric Company at the Grand Court of the Cayman Islands.
Order transferring the case styled 'In the Matter of Lancelot Investors Fund Ltd.' to the Financial Services Division of the Grand Court of the Cayman Islands.
The Cayman Islands and Guernsey operations of Butterfield Bank are being sued for $561,863 by the Bankruptcy Trustee of a Cayman Islands domiciled hedge fund.The complaint was filed at the U. S. Bankruptcy Court for the Northern District of Illinois
Bear Stearns Alternative Assets International Ltd. v. Belmont Asset Based Lending Ltd.: Winding Up Petition
Winding Up Petition in Bear Stearns Alternative Assets International Ltd. v. Belmont Asset Based Lending Ltd. at the Grand Court of the Cayman Islands.