Michael Morrison

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Michael Morrison and Mark Allitt, of KPMG Advisory, as the Foreign Representatives of VL Assurance (Bermuda) Ltd., Valor Group Ltd., and Valor Management Ltd., described as Bermuda companies that are part of a group that also includes companies in Barbados, Ireland, Liechtenstein, and the United States and which are "victims of activity perpetrated between 2013 and 2016 by Jason Sugarman - a former director of the VL Bermuda Debtor - and others, including Jason Galanis, that ultimately led to the insolvency of the VL Bermuda Debtors", filed at the U. S. Bankruptcy Court for the Southern District of New York.

Winging Up Petition in the matter of Wm. Bluck & Co. Ltd. at Bermuda Supreme Court.

Winding Up Petition in Grosvenor Investment Asset Management Ltd., Gleneagles Capital Investment Limited, Grosvenor International Asset Management Limited, Grosvenor Fund Administration Limited, The KAT Trust, Lahaina Limited, and Alpha Q Investments Limited v. Grosvenor Private Reserve Fund (Class B) Limited at Bermuda Supreme Court.

Winding Up Petition in Grosvenor Investment Asset Management Ltd., Gleneagles Capital Investment Ltd., Grosvenor International Asset Management Limited, Grosvenor Fund Administration Limited, William Dolan, Lahaina Limited, and Eila II Trust v. Grosvenor Private Reserve Fund Limited at Bermuda Supreme Court.

Winding Up Petition in Grosvenor Investment Asset Management Ltd. and Gleneagles Capital Investment Ltd. v. Grosvenor Aggressive Growth Fund Limited at Bermuda Supreme Court.

Winding Up Petition in Grosvenor Investment Asset Management Ltd. v. Grosvenor Balanced Growth Fund Limited at Bermuda Supreme Court.

Winding Up Petition in WPF Holdings Limited and Halney Limited v. Grosvenor Fund Administration Limited at Bermuda Supreme Court.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Michael Morrison, Charles Thresh, and John McKenna, as the Foreign Representatives of Gerova Financial Group Ltd. and Gerova Holdings Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

Reasons for Winding-Up Order in Bermuda Monetary Authority v. The South of England Protection and Indemnity Association (Bermuda) Limited at Bermuda Supreme Court.

Memorandum of Decision on Petition for Recognition and Related Relief filed by the liquidators of Millennium Global Emerging Credit Master Fund Limited and Millennium Global Emerging Credit Fund Limited at the U. S. Bankruptcy Court for the Southern District of New York.

Limited Objection by BCP Securities, LLC to Motion for Provisional Relief filed by the liquidators of Millennium Global Emerging Credit Master Fund Limited and Millennium Global Emerging Credit Fund 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 Bermuda by Michael Morrison, Charles Thresh, and Richard Heis, as the Foreign Representatives of Millennium Global Emerging Credit Master Fund Limited and Millennium Global Emerging Credit Fund Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

Bermuda Supreme Court has set a date of April 27th to hear an application by a local regulator to have a provisional liquidator appointed over a mutual fund group that allegedly exists to launder the proceeds of corruption by a Russian government minister. A petition to involuntarily wind-up IPOC Capital Partners Ltd., IPOC International Growth Fund Ltd., Gamma Capital Fund Ltd., Convergence Capital Ltd., Com Tel Eastern Ltd., First National Telecommunication Fund Ltd., Convergence Capital Management Ltd., Augmentation Investments Ltd., and Telco Overseas Ltd. was presented to the court on January 12, 2007 by Bermuda's Registrar of Companies.

A Bermuda-licensed insurer that is insolvent by an estimated $7 million forged a fake accounting document in the name of Deloitte & Touche in the Cayman Islands to try to convince regulators it was solvent, according to its provisional liquidators.The alleged ploy did not work, however, and Hatteras Reinsurance Limited was petitioned into provisional liquidation “in the public interest” by the Bermuda Monetary Authority at Bermuda Supreme Court on June 7, 2006.

Notice of Filing of Statement of Financial Affairs and First Report to Creditors in the matter of Hatteras Reinsurance Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.

A U. S. based intelligence firm agreed to pay $1.7 million in damages to settle an allegation that it corrupted a Bermuda government investigation into a local mutual fund, OffshoreAlert can reveal.Two sources have confirmed the size of the payment

A civil lawsuit in the United States that was notable for the unusual level of secrecy afforded to the parties by the judge has been dismissed.Bermuda-based KPMG Financial Advisory Services Limited and its two managing directors, Malcolm Butterfield and Michael Morrison, had been seeking $11 million in compensatory and punitive damages against Diligence LLC, a Washington, D.C.-based private investigative agency/risk management firm whose employees and advisers include former high-ranking officials within the CIA, FBI, US Government, UK Government and UK special forces.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Mike Morrison and Charles Thresh, as Foreign Representatives of Hatteras Reinsurance Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

A U. S.-based intelligence-gathering firm has failed to have a civil lawsuit dismissed in which it is accused of bribing an employee of KPMG (Bermuda) to disclose information about an investigation into alleged money laundering by a sham mutual fund group known as IPOC. Diligence LLC had asked the U. S. District Court for the District of Columbia to dismiss a complaint brought by KPMG Financial Advisory Services Ltd. and its Managing Directors, Malcolm Butterfield, and Michael Morrison, on the grounds that Bermuda was a more convenient forum and that an “indispensable party” is missing from the action, namely the Bermuda Government, which commissioned KPMG FAS to investigate IPOC.

Section 304 Petition for Assistance in Insolvency Proceedings in Bermuda by Mike Morrison and John Waldrop, as the Foreign Representatives of LaSalle Re Holdings Limited, at the U. S. Bankruptcy Court for the District of Delaware.

A James Bond-like tale involving allegations of corporate espionage, bribery, corruption, and a Bermuda Government whitewash of a suspected $1 billion money laundering scheme is unfolding in a U. S. court. Among the cast of characters are Russia's Telecommunications Minister, Leonid Reiman; a Bermuda-based, so-called mutual fund in which Reiman appears to be the only investor and which he may have used to launder the proceeds of corruption, IPOC International Growth Fund Ltd.; IPOC's banker, fund administrator, custodian, and accountant, Bermuda Commercial Bank; IPOC's Bermuda representative and provider of various services, including directors and officers, Wakefield Quin; the firm appointed by Bermuda's Minister of Finance to investigate IPOC, KPMG Financial Advisory Services Ltd.; and Diligence LLC, a Washington, D.C.-based intelligence-gathering firm that is headed by a former officer of the U.K. Security Service known as MI5 and whose advisors include a former Director of the CIA and the FBI.

The Virginia Commissioner of Insurance has been accused of wrongfully seizing $57 million that allegedly belongs to insolvent Bermuda based captive First Virginia Reinsurance.Alfred W. Gross, as Deputy Receiver of Reciprocal of America and The Reciprocal Group Inc., allegedly illegally

Bermuda-based captive First Virginia Reinsurance Ltd. has a deficit of between $79 million and $111 million, according to a ruling at Bermuda Supreme Court.Details of the reinsurer's insolvency were contained in a written judgment on October 23, 2003 by Puisne Judge Ian Kawaley.

Section 304 Petition for Assistance in Insolvency Proceedings in Bermuda by Malcolm Butterfield and Michael Morrison, as the Foreign Representatives of First Virginia Reinsurance Ltd., at the U. S. Bankruptcy Court for the Eastern District of Virginia.

A syndicate of banks led by JPMorgan Chase Bank is the biggest creditor of ailing Bermuda-based specialty insurer Trenwick Group Ltd., with an outstanding claim of $183 million at August 20, 2003.The syndicate also includes Wachovia Bank, Credit Lyonnais (New York), Dresdner Bank (New York and Grand Cayman), Fleet National Bank, The Royal Bank of Scotland, ING Bank (London), Citibank, The Bank of Nova Scotia, State Street Bank and Trust Company, and Mizuho Corporate Bank.