Saturday, November 7, 2020

UK Gov't applies to wind up 3 firms operated by fraudsters

Winding up petitions have been filed against British firms Rationale Asset Management, Value Asset Management, and Merydion Corporation, which are operated by members of a gang of British and Irish serial investment fraudsters who have been previously exposed by OffshoreAlert.

PJSC Bank Finance and Credit: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Ukraine by Svitlana Vasylivna Groshova, as the Foreign Representative of PJSC Bank Finance and Credit, at the U. S. Bankruptcy Court for the Southern District of Florida.

Kazakhstan v. Bank of New York Mellon et al: Discovery Application

Application by the Republic of Kazakhstan to take discovery from The Bank of New York Mellon Corporation, JPMorgan Chase Bank, N.A., Deutsche Bank Trust Co. Americas, Bank of China, Barclays Bank PLC, BNP Paribas USA, Citibank N.A., The Clearing House Payments Company LLC (CHIPS), Commerzbank AG, HSBC Bank USA, N.A., Société Générale S.A., Standard Chartered Bank USA, UBS AG, Wells Fargo Bank, N.A., and Bank of America, N.A. for use "in foreign judicial proceedings to enforce and collect upon an arbitral award that was issued in Kazakhstan's favor" against "a Canadian company called Gold Pool JV Limited", filed at the U. S. District Court for the Southern District of New York. Kazakhstan is, inter alia, seeking information regarding "third party funding that Gold Pool allegedly received from "a litigation funder registered in Guernsey", a "law firm", and "a Canadian" entity. Editor's Note: Research by OffshoreAlert in the corporate registry for Toronto, Canada showed that Gold Pool JV Limited was incorporated on December 29th, 1995 and its officers and directors are A. Thomas Griffis, President and Director; Elia Crespo, Vice President, Secretary, and Director, Chris Irwin, Assistant Secretary,

Regina v. Dominic Chappell: Sentencing Remarks

Sentencing Remarks regarding tax fraud involving "the acquisition, and subsequent management, of the British Home Stores chain of department stores" in Regina v. Dominic Chappell at Southwark Crown Court, in England.

David Molner v. Reed Smith LLP et al: Notice of Removal

Notice of Removal by Reed Smith LLP in David Molner, "former manager" of Aramid Entertainment Fund Limited v. Reed Smith LLP, of New york, NY; James C. McCarroll, of New York, NY; Geoffrey Varga, of New York, NY; James L. Sanders, of Los Angeles, CA; Francisca Mok, of Los Angeles, CA; Kurt Gwynne, of New York, NY; Jordan W. Siev, of New York, NY; David Bree, of the Cayman Islands; Roger Hanson, of the Cayman Islands; Donald M. Seymour, of the Cayman Islands; Jess Shakespeare, of the Cayman Islands; Kinetic Partners, of New York, NY; Duff & Phelps LLC, of New York, NY, and DMS Governance Ltd., of the Cayman Islands, at the U. S. Bankruptcy Court for the Southern District of New York.

ACE Property and Casualty Insurance Company v. McKesson Corporation et al: Complaint

Complaint seeking "a declaration that it has no obligation to defend or indemnify Defendant McKesson Corporation" regarding "thousands of lawsuits attempting to hold it responsible for contributing to, and profiting from, the epidemic of opioid addiction and abuse that has plagued the nation" in ACE Property and Casualty Insurance Company v. McKesson Corporation, described as "one of the largest wholesale pharmaceutical distributors in the world"; AIU Insurance Company, Arch Reinsurance Limited, of Bermuda; Argo Re Limited, of Bermuda; Aspen Insurance UK Limited, of the United Kingdom; Canopius Underwriting Bermuda Limited, of Bermuda; Endurance Specialty Insurance Limited, of Bermuda; Golden State Insurance Company Limited, of Bermuda; Great Lakes Insurance Company SE, of Germany; Ironshore Specialty Insurance Company, of New York; Lexington Company, of Massachusetts; Liberty Special Markets Agency, of Bermuda; Certain Underwriters at Lloyd's of London, of England; Markel American Insurance Company, of Virginia; Munich Reinsurance America Inc., of New Jersey; National Fire & Marine Insurance Company, of Nebraska; National Union Fire Insurance Company, of New York; North American Capacity Insurance Company, of Missouri; Swiss Re International SE, of Switzerland, and XL Insurance America Inc., of Connecticut, at the Superior Court of the State of California, Orange County.

Unión Fenosa Gas S.A. v. Egypt et al: Complaint

Complaint "to invalidate, at least as to UFG, Egypt's fraudulent agreement purporting to transfer funds into a trust, with BNY Mellon serving as the purported trustee, for the sole purpose of shielding those funds from attachment by UFG, which holds a judgment against Egypt for over US$ 2 billion" in Unión Fenosa Gas S.A., of Spain v. Arab Republic of Egypt, The Bank of New York Mellon Corporation, and The Bank of New York Mellon SA/NV, Luxembourg Branch at the U. S. District Court for the Southern District of New York.

Andrew Roth v. Macellum Opportunity Fund LP et al: Complaint

Complaint in Andrew E. Roth, of New York v. Macellum Opportunity Fund LP, Macellum Management LP, and Macellum Advisors GP LLC, all described as Delaware companies based in New York; Ancora Merlin Institutional LP, Ancora Merlin LP, Ancora Catalyst Institutional LP, Ancora Catalyst LP, Ancora Catalyst SPV I LP, all described as Delaware companies based in Cleveland, Ohio; Ancora Catalyst SPV I SPC Ltd., of the Cayman Islands; Ancora Advisors LLC, described as a Nevada company based in Cleveland, Ohio; Jonathan Duskin, of New York, NY, and Frederick DiSanto, of Cleveland, Ohio, as Defendants, and Big Lots Inc., of Columbus, Ohio, as Nominal Defendant, at the U. S. District Court for the Southern District of New York.

Ocorian Services Bermuda Ltd. v. Transamerica Life Insurance Company: Complaint

Complaint involving "a life insurance policy with a $1.2 million face value that Transamerica issued" in Ocorian Services Bermuda Limited, of Bermuda, as Trustee of Lexington Trust 100603 v. Transamerica Life Insurance Company at the U. S. District Court for the Northern District of Iowa.

Lombard Bank Malta Plc: €340K Fine

Publication Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €340,058 on Lombard Bank Malta Plc for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed the the directors of Lombard Bank Malta Plc are identified as Michael Bonello, Graham Fairclough, Joseph Said, Michael Zammit, all citizens of Malta, and Kimon Palamidis, a citizen of Greece.

Pacific Drilling LLC et al: Chapter 11 Petition

Chapter 11 Petition by Pacific Drilling LLC, Pacific Drilling Operations Inc., Pacific Drilling Inc., and Pacific Drilling Company Limited, all of Houston, Texas; Pacific Drilling SA, Pacific Drilling Finance S.À.R.L., Pacific Sharav S.À.R.L., and Pacific Drillship S.À.R.L., all of Luxembourg; Pacific Drilling Limited, Pacific Scirocco Ltd., Pacific Mistral Ltd., and Pacific Bora Ltd., all of Liberia; Pacific Drilling Operations Limited, Pacific Drilling V Limited, Pacific Drilling VII Limited, Pacific Drillship Nigeria Limited, and Pacific Santa Ana Limited, all of the British Virgin Islands; Pacific Sharav Korlátolt Felelősségű Társaság, of Hungary, and Pacific Drilling Holding (Gibraltar) Limited, of Gibraltar, at the U. S. Bankruptcy Court for the Southern District of Texas.

GSLP International Sàrl: €106,000 Fine

Public Announcement by the Luxembourg CSSF that it has imposed a fine of €106,000 on investment firm GSLP International S.à r.l. for regulatory breaches.

Fonds AAA Sàrl: Reprimand

Public Announcement by the Luxembourg CSSF that it has reprimanded "alternative investment fund manager" Fonds AAA S.à r.l. for a regulatory breach.

Praefinium: Reprimand

Public Announcement by the Luxembourg CSSF that it has reprimanded investment fund Praefinium for a regulatory breach.

Rolta International Inc. et al: Chapter 11 Petition

Chapter 11 Petition by Rolta International, Inc., of Huntsville, Alabama; Rolta LLC, of Alpharetta, Georgia; Rolta Americas LLC, of Alpharetta, Georgia; Rolta Global B.V., of the Netherlands; Rolta Middle East FZ-LLC, of Dubai, and Rolta UK Limited, of Reading, England, at the U. S. Bankruptcy Court for the Northern District of Alabama.

Privilege Wealth Plc: Appointment of Liquidators

Notice that David Ingram and Michael Leeds, both of Grant Thornton, have been appointed as liquidators of Privilege Wealth Plc, filed at Companies House for England and Wales.

Dafex Global Ltd.: Permanent Ban

Decision by the National Futures Authority imposing a permanent ban on Dafex Global Ltd., of Colorado, described as "a former NFA Member and current CFTC-registered commodity pool operator and commodity trading advisor that operates mainly from Malaysia", for "engaging in a deceitful course of conduct to obtain NFA membership and CFTC registration and willfully submitting misleading information to NFA". Editor's Note: Research by OffshoreAlert showed that Dafex Global Ltd. has an affiliate with the same name in England and Wales, where Companies House records identify its sole director as Nithyanandan Pushparaja, a citizen and resident of Malaysia who is also the registered agent for the Colorado company, and a former director as Enhe Wang, a citizen and resident of China, who resigned on March 23rd, 2020.

All Saints Insurance Company SPC Ltd.: 'Scheme of Arrangement' Petition

Petition seeking sanction for a Scheme of Arrangement in the matter of All Saints Insurance Company SPC Ltd., described as a captive insurer that is owned by CommonSpirit Health, which "was created in 2019 by the combination of US healthcare systems, Dignity Health and Catholic Health Initiatives", at the Grand Court of the Cayman Islands.

Ronald Popely et al v. Kristina Phelan et al: Judgment

Judgment in Ronald Popely and Paul Gould v. Kristina Phelan, described as a lawyer in Gibraltar; Edward John Barnard, and Duane Daniel, of Saint Vincent and the Grenadines, at Supreme Court of Gibraltar.

Aeolus Re Ltd. v. CS ILS SICAV-SIF et al: Writ

Generally Endorsed Writ for "breach of contract in relation to a Swap Confirmation Agreement" in Aeolus Re Ltd., in respect of its Keystone PF Segregated Account v. CS ILS SICAV-SIF, in respect of Credit Suisse (Lux) Iris Balanced Fund, of Luxembourg; CS Iris ALHC Fund Limited, of the Cayman Islands; CS Iris C Fund Limited, of Guernsey; Managed Investments PCC Limited, on behalf of its Iris Balanced Cell, of Guernsey; Managed Investments PCC Limited, on behalf of its Iris Enhanced Cell, of Guernsey; Iris Dynamic SPC, on behalf of its Iris Post-Event Fund SP, of the Cayman Islands, and Alpha Z ILS Fund Limited, of Guernsey, at Bermuda Supreme Court.

Mark Spanier v. BMW et al: Class Action Complaint

Class Action Complaint in Mark Spanier v. Bayerische Motoren Werke Aktiengesellschaft, a.k.a. BMW, of Germany; BMW (US) Holding Corp., Oliver Zipse, Harald Krüger, Norbert Reithofer, Bernhard Kuhnt, Nicolas Peter, and Ludwig Willisch at the U. S. District Court for the District of New Jersey.

Caribbean Cellular Telephone Ltd. et al v. BVI Telecommunications Regulatory Commission: Amended Application for Judicial Review

Amended Application for Leave to Apply for Judicial Review in Caribbean Cellular Telephone Limited and BVI Cable TV Limited v. The Telecommunications Regulatory Commission at the British Virgin Islands High Court.

Thomas Vella: €60K Fine

Publication Notice by the Malta Financial Intelligence Analysis Unit that it has imposed an administrative penalty of €60,518 on Thomas Vella for regulatory breaches.

Luksamee Wogan v. Discount Republic Ltd. et al: Fixed Date Claim Form

Fixed Date Claim Form in Luksamee Wogan, of Naperville, Illinois, as Executor of the Estate of Jonathan Gerard Wogan v. Discount Republic Limited and Furniture Republic Limited at the British Virgin Islands High Court.

Recent:

Aleksej Gubarev et al v. Orbis Intelligence Ltd. et al: Judgment (Defamation)
British fraudster Martin Sampson sets up new group
Capital Management of Bermuda Ltd.: Chapter 15 Petition
Katia Avillez v. BVI Registrar of Corporate Affairs: Restoration Application
Philip Mihaylov Liskov v. BVI Registrar of Corporate Affairs: Restoration Application

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