Monday, January 13, 2020

Petition to wind up British £40M fraud firm Privilege Wealth Plc

Nearly two years after their appointment and having run out of cash, the Joint Administrators of Britain's Privilege Wealth Plc have applied to wind up the company, which collapsed after its £40 million-plus investment fraud was exposed by OffshoreAlert.

Privilege Wealth Plc: Fourth Progress Report of Administrators

Joint Administrators' Fourth Progress Report regarding British firm Privilege Wealth Plc, a participant in a global investment fraud that collapsed after being exposed by OffshoreAlert.

Pacifico Global Advisors Ltd.: First Report of Liquidator

First Interim Report of Edmund Rahming, as Official Liquidator of Pacifico Global Advisors Ltd., at Bahamas Supreme Court.

Pacifico Global Advisors Ltd.: Winding Up Petition

Winding Up Petition in the matter of Pacifico Global Advisors Ltd., which was controlled by Arturo Klein, of Switzerland, at Bahamas Supreme Court.

SSG Capital Partners II, LP v. Castleman Management Ltd.: Liquidation Application

Originating Application in SSG Capital Partners II, LP, of the Cayman Islands v. Castleman Management Limited at the British Virgin Islands High Court.

Joan Lea Brings v. Golden Century Industrial Ltd. et al: Fixed Date Claim Form

Fixed Date Claim Form in Joan Lea Brings, of Hong Kong, as Personal Representative of Douglas Charles Stewart Fresco v. Golden Century Industrial Limited and Commonwealth Trust Limited at the British Virgin Islands High Court.

Ma Yuk Hing v. BVI Registrar of Corporate Affairs: Restoration Application

Fixed Date Claim Form regarding Whole Good International Limited in Ma Yuk Hing, of Hong Kong v. Registrar of Corporate Affairs at the British Virgin Islands High Court.

WSD Holdings Ltd. v. Grand Decade Finance Ltd. et al: Claim Form

Claim Form in WSD Holdings Ltd. v. Grand Decade Finance Limited and Thrive Century Limited at the British Virgin Islands High Court.

Hu Lan v. Sundale International Ltd. et al: Fixed Date Claim Form

Fixed Date Claim Form in Hu Lan, of Hong Kong v. Sundale International Limited, Best Land Investments Ltd., and Harneys Corporate Services Limited at the British Virgin Islands High Court.

Rohan Williams v. Cayman Islands Immigration Appeals Tribunal: Originating Motion

Notice of Originating Motion in Rohan Leighton Thelson Williams v. The Immigration Appeals Tribunal at the Grand Court of the Cayman Islands.

Quality Law Services v. Remmie Cayasso: Writ of Summons

Writ of Summons and Statement of Claim in Quality Law Services, a Cayman Islands law firm v. Remmie Elbert Cayasso at the Grand Court of the Cayman Islands.

John Felder v. Sandra Hill: Writ of Summons

Writ of Summons alleging libel in John Felder v. Sandra Hill at the Grand Court of the Cayman Islands.

DST GP Investments V, LP: Restoration Application

Originating Application in the matter of DST GP Investments V, LP at the Grand Court of the Cayman Islands.

Burford Capital Ltd. v. London Stock Exchange Group Plc: Claim Form

Claim Form seeking information about suspected share price manipulation in Burford Capital Limited, of Guernsey, in the Channel Islands v. London Stock Exchange Group Plc, of England, at the High Court of Justice of England and Wales.

Derek Scheinman: Chapter 15 Petition

Seabras Group, LLC v. Seabras 1 Bermuda, Ltd. et al: Complaint

Adversary Complaint in Seabras Group, LLC, of Delaware v. Seabras 1 Bermuda, Ltd., of Bermuda, and Seaborn Management, Inc., of Delaware, at the U. S. Bankruptcy Court for the Southern District of New York.

Azattyk Media Institution v. Deutsche Bank Trust Company Americas: Discovery Application

Application by Azattyk Media Institution to take discovery from Deutsche Bank Trust Company Americas for use defending a libel action filed in Kyrgyzstan by Iskender Ismailovich Matraimov, Raimbek Ismailovich Matraimov, Minovar Shabyevna Jumaeva, Uulkan Sulaymanovna Turgunova, and Ismail Matraimov Foundation, all of Kyrgyzstan, against Ali Toktakunov, of the Czech Republic; Azattyk Media Institution, Kloop Media Public Foundation, and 24 kg Information Agency, all of Kyrgyzstan, filed at the U. S. District Court for the Southern District of New York.

Proyecto Alimente et al v. The Coca-Cola Company: Discovery Application

Application by Proyecto Alimente and Alejandro Calvillo Unna, collectively described as "a consumer rights organization and a sociologist/consumer based in Mexico City", to take discovery from The Coca-Cola Company for use in legal proceedings in Mexico against the Mexican Government, filed at the U. S. District Court for the Northern District of Georgia.

Shigekazu Torikai v. Google LLC: Discovery Application

Application by Shigekazu Torikai, a lawyer in Japan, to take discovery from Google LLC for use in contemplated legal proceedings in Japan "for trespass, privacy invasion, unlawful business interference under Japanese civil law, related torts, and to prevent harm to Mr. Torikai, his staff or clients", filed at the U. S. District Court for the Northern District of California.

Romania: Gigi-Vadik Zavera et al

Application for the appointment of a Commissioner to collect evidence from Bank of America, Citibank, and First Federal Savings Bank - pursuant to a request for judicial assistance from Romania - for a criminal investigation into Gigi-Vadik Zavera, Cornel Pana, and Gabriel Soreav for suspected "setting up an organized crime group, computer intrusion, performance of fraudulent financial operations, illegal operations with information devices or software, counterfeiting bonds or payment instruments, circulation of counterfeited securities, and possession of tools used for the counterfeit of securities".

Bryan Faubus v. iFinex, Inc. et al: Complaint

Class Action Complaint alleging fraud involving Bitcoin cryptocurrency in Bryan Faubus, of New York v. iFinex Inc., BFXNA Inc., and BFXWW Inc., each described as a British Virgin Islands company based in Hong Kong; DigFinex Inc., of the BVI; Tether Holdings Limited, described as a BVI company based in Taiwan; Tether Limited, described as a Hong Kong company based in Taiwan; Tether Operations Limited, of Hong Kong, and Tether International Limited, of Hong Kong, at the U. S. District Court for the Southern District of New York.

Eric Young et al v. iFinex Inc. et al: Class Action Complaint (New York)

Class Action Complaint alleging fraud involving Bitcoin cryptocurrency in Eric Young, of Pennsylvania; Adam Kurtz, of New York, and David Crystal, of Florida v. iFinex Inc., BFXNA Inc., and BFXWW Inc., each described as a British Virgin Islands company based in Hong Kong; DigFinex Inc., of the BVI; Tether Holdings Limited, described as a BVI company based in Taiwan; Tether Limited, described as a Hong Kong company based in Taiwan; Tether Operations Limited, of Hong Kong, and Tether International Limited, of Hong Kong, at the U. S. District Court for the Southern District of New York. Editor's Note: This is a re-filing of a class action complaint that was first filed at federal court in Seattle, Washington on November 22nd, 2019 and voluntarily dismissed on January 7th, 2020.

USA v. HSBC Private Bank (Suisse) SA: $71.85M Forfeiture Complaint

Forfeiture Complaint for $71.85 million that "represents property constituting and derived from proceeds of wire fraud" in USA v. HSBC Private Bank (Suisse) SA, of Switzerland, at the U. S. District Court for the Southern District of Florida.

Gabelli Asset Fund et al v. Resideo Technologies, Inc. et al: Class Action Complaint

Class Action Complaint in GAMCO International SICAV, of Luxembourg; The Gabelli Asset Fund, The Gabelli Dividend & Income Trust, The Gabelli Equity Trust Inc., The Gabelli Focus Five Fund, The Gabelli Multimedia Trust Inc., The Gabelli Value 25 Fund Inc., and GAMCO Asset Management Inc. v. Resideo Technologies, Inc., Honeywell International Inc., Michael G. Nefkens, and Joseph D. Ragan III at the U. S. District Court of the District of Minnesota.

Power Systems Technologies Ltd. v. JMC Platform Fund I-A LP: Complaint

Complaint for damages of $4.6 million alleging "failure to honor its written irrevocable and unconditional guaranty of payment of the obligations of Unipower, LLC" in Power Systems Technologies Ltd., of Mauritius v. JMC Platform Fund I-A LP, of Delaware, at the U. S. District Court for the District of Delaware.

Bradley Hamilton v. Brite Advisors USA, Inc.: Petition to Confirm Interim Arbitration Awards

Petition to Confirm Interim Arbitration Awards in Bradley Hamilton, of the United Kingdom v. Brite Advisors USA, Inc., formerly known as deVere USA, Inc., at the U. S. District Court for the Southern District of New York.

Jamal Hammoud v. Société Générale de Banque au Liban: Notice of Removal

Notice of Removal, including a copy of the complaint seeking damages of $457,224 alleging failure to execute wire transfer requests in Jamal Hammoud, described as "the majority owner and principal of Milestones Capital, LLC" v. Société Générale de Banque au Liban, of Lebanon, at the U. S. District Court for the Southern District of New York.

Trajkovski Invest AB et al v. I.Am.Plus Electronics, Inc.: Petition for Recognition of Arbitration Award

Petition for Recognition and Enforcement of a Foreign Arbitral Award regarding a "failed" deal to purchase "one of the world's first manufacturers of wireless Bluetooth headphones" in Trajkovski Invest AB, OPK Holding AB, Lindén Invent AB, CapMate Aktiebolag, Christian Ask, Christian Månsson, Granitor Invest AB, Jimmie Landerman, Johan Kjell, Jussi Ax, LMK Forward AB, LUSAM Invest AB, Martin Bengtsson, Midroc Finans AB, Muirfield Ventures AB, Råsunda Förvaltning Aktiebolag, and Expassum Holding AB, collectively described as "a group of Swedish technology start-up entrepreneurs and investors" v I.Am.Plus Electronics, Inc., described as a Delaware company "founded by William James Adams, also known as will.i.am, a professional rapper, singer, songwriter, record producer, and founder and lead member of the music group The Black Eyed Peas", at the U. S. District Court for the Central District of California.

Willis Electric Co., Ltd. v. Polygroup Ltd. et al: The Michaels Companies' Motion to Quash Subpoenas

Motion by Non-Party The Michaels Companies, Inc. to Quash Subpoenas and for Protection in Willis Electric Co., Ltd., of Taiwan v. Polygroup Ltd., of Macau; Polygroup Macau Limited, of the British Virgin Islands, and Polytree (HK) Co., Ltd., of Hong Kong, at the U. S. District Court for the Northern District of Texas.

USA v. HSBC Private Bank (Suisse) SA: Arrest Warrant for $71.85M

Arrest Warrant for $71.85 million in USA v. HSBC Private Bank (Suisse) SA, of Switzerland, at the U. S. District Court for the Southern District of Florida.

Caribbean Galaxy Real Estate Corp. v. Caribbean News Now et al: Libel Complaint

Complaint alleging libel regarding articles "that falsely accuse Galaxy of misappropriating funds, defrauding investors, and misleading the government and people of the Federation of St. Kitts and Nevis in connection with a real estate development project that will bring a 273-suite luxury resort to the island of St. Kitts" in Caribbean Galaxy Real Estate Corporation v. Barry Randall, a former resident of the Cayman Islands who moved to Florida, and Caribbean News Now at the Circuit Court of the Nineteenth Judicial Circuit for St. Lucie County, Florida. Editor's Note: Barry Randall died on June 12th, 2019 - just over two months after this complaint was filed. The action is ongoing, with Randall replaced as a party by his Estate following his death.

Pacifico Global Advisors Ltd.: Public Notice

Public Notice by the Securities Commission of the Bahamas regarding Pacifico Global Advisors Ltd. (in Liquidation).

Morgan Gatsby Ltd.: Fine

Decision Notice by the Dubai Financial Services Authority announcing a fine against Morgan Gatsby Limited regarding the promotion of Essel Africa Natural Resource Fund, of Luxembourg, and other matters. Editor's Note: Research by OffshoreAlert showed that, according to the website of the Dubai International Financial Centre, Morgan Gatsby Limited went into liquidation on February 5th, 2019, that its directors are Gagan Jawahar Goyal, Shahzaad Siraj Dalal, and Ajay Rajinder Arora, and former directors include Pankaj Prem Gupta, Mazin Mohammad Mohyelddin Alkhatib, Farhan Abdulrahim Mohammed Faraidooni, Ahmad Abdulla Juma Binbyat, and George Zaki George Mushahwar.

Recent:

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