September 24, 2021

Cayman Islands liquidation firm appointed in alleged hedge fund fraud

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By Georgina Wilcox Due to a lack of insolvency expertise in Anguilla the Cayman Islands firm of Chris Johnson Associates Ltd were asked to accept the position as court appointed liquidators of Maven Assurance Ltd that had over $80m sent to Alliance for investment. Chris Johnson Associates allege Alliance, a regulated company in Nassau, were […]

$10m for equine flu court battle goes missing [involving 2 companies based in Cayman]

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By Ben Butler From Sydney Morning Herald Bolted: Money invested to fight an equine influenza court case is subject to a major probe. More than $10 million invested in litigation funder Centaur Litigation has gone missing, according to documents seen by Fairfax Media. Centaur, based in tax haven the Cayman Islands, is the ultimate funder […]

Coastal Completes Merger With CEPSA

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HOUSTON, Jan. 17, 2014 (GLOBE NEWSWIRE) — Coastal Energy Company (“Coastal”) (TSX:CEN) (AIM:CEO) announces the successful completion of the previously announced merger (the “Merger”) with Condor Acquisition (Cayman) Limited (the “Purchaser”), a newly-incorporated entity controlled by Compañía Española de Petróleos, S.A.U. (“CEPSA”) and in which Strategic Resources (Global) Limited (“SRG”) is an investor. Pursuant to […]