Friday, June 28, 2019

Mauritius FSC warns against 'unlicensed' Dubai/Swiss Group offering 'double-digit annual returns'

Dubai-based, Swiss investment manager BearBull Global Investments Group, whose "Leadership" includes a member of the Abu Dhabi Royal Family, has been soliciting investors in Mauritius with offers of double-digit annual returns - without a license, warns the Mauritius Financial Services Commission.

USA v. Milenyum Energy SA et al: Forfeiture Complaint

Forfeiture Complaint in USA v. Funds in the names of Milenyum Energy SA, domiciled in Panama, based in Turkey, and Blue Energy Trade Ltd. Company, domiciled in St. Kitts and Nevis, based in Turkey, regarding a suspected scheme to launder via U.S. correspondent banks to evade U.S. sanctions concerning Syria, at the U. S.District Court for the District of Columbia.

Zelezara Smedervo d.o.o.: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Serbia by the Serbian Bankruptcy Supervision Agency, as the Foreign Representative of Zelezara Smedervo d.o.o., at the U. S. Bankruptcy Court for the Southern District of New York.

Doosan Heavy Industries and Construction Co., Ltd. v. Liberty Maritime Corp.: Discovery Application

Application by Doosan Heavy Industries and Construction Co., Ltd., of South Korea, to take discovery from Liberty Maritime Corporation for use in legal proceedings in Egypt involving Damietta International Port Company S.A.E., of Egypt, and Kuwait Gulf Link Ports International, a.k.a. KGL International For Ports, Warehousing and Transport K.S.C.C., of Kuwait, at the U. S. District Court for the Eastern District of New York.

Proema Automotiva SA et al v. Citibank et al: Discovery Application

Application by Fernando Celso de Aquinho Chad, as Judicial Administrator in Bankruptcy of Proema Automotiva SA, Bowden Industrial Ltda., and Interamna Patricipações SA, to take discovery from Citibank, N.A., The Bank of New York Mellon, Société Générale, HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Barclays Bank Plc, Deutsche Bank Trust Co. Americas, Bank of Nova Scotia, Wells Fargo Bank, N.A., UBS AG;Bank of America, N.A., Standard Chartered Bank, Commerzbank AG, Bank of China USA – New York Branch, Safra National Bank of New York, and The Clearing House Payments Company LLC for use in bankruptcy proceedings in Brazil, where the debtors' beneficial owner, Paolo Paparoni, is suspected of fraud, filed at the U. S. District Court for the Southern District of New York.

Dina Hlace v. BB&T Corp. et al: Discovery Application

Application by Dina Hlace to take discovery from BB&T Corporation, Citigroup Inc., HSBC USA Inc., and JPMorgan Chase & Co. regarding Roberto Hlace and HM Brokers Irrevocable Trust for use in legal proceedings in Argentina, filed at the U. S. District Court for the Southern District of Florida.

Recent:

Kathryn Ma Wai Fong v. Kie Yik Wong et al: Judgment
Jersey Attorney General v. Richard Arthur: Judgment
Bruce David McNaught: Prohibition Order
Elizabeth Mazzucchelli v. Alejandro Socol: Discovery Application (Merrill Lynch & Co.)
Keithley Lake et al v. Richard Vento et al: Appeal Judgment