Eight months after Cayman Islands judge Raj Parker allowed Obelisk Global Gold Focus Fund to continue operating even though it was insolvent, the Fund is being sued again, this time by another creditor - Hong Kong resident Eryi Xu - who claims she cannot redeem her $600,000 investment. The Fund's principals include Jazeb Jones, Winfield Sifton, and Matthew Ho.
Petition for the appointment of a Receiver in Eryi Xu, of Hong Kong v. Obelisk Global Fund SPC and Obelisk Global Gold Focus Fund at the Grand Court of the Cayman Islands.
Petition for the appointment of Receivers for Obelisk Global Gold Focus Fund in Obelisk Capital Management Limited (in Official Liquidation) v. Obelisk Global Fund SPC and Obelisk Global Gold Focus Fund at the Grand Court of the Cayman Islands.