Singapore

Peter Georgiou: $980K Fine & Disqualification (Dubai)

August 19, 2024

Decision Notice by the Dubai Financial Services Authority imposing a fine of $980,020 and disqualification on Peter Georgiou for regulatory breaches while employed as a "Relationship Manager" with Mirabaud (Middle East) Limited, specifically that he "engaged in conduct that was misleading, deceptive or was likely to mislead or deceive in connection with a Financial Service".

Pearl Holding III Ltd.: Directors (Cayman Islands)

August 9, 2024

Director Details for Pearl Holding III Limited, obtained from the Cayman Islands General Registry on August 9th, 2024.

Pearl Holding II Ltd.: Directors (Cayman Islands)

August 9, 2024

Director Details for Pearl Holding II Ltd., obtained from the Cayman Islands General Registry on August 9th, 2024.

Pearl Holding I Ltd.: Directors (Cayman Islands)

August 9, 2024

Director Details for Pearl Holding I Limited, obtained from the Cayman Islands General Registry on August 9th, 2024.

Pearl Holding III Ltd.: ‘Court Supervision’ Petition (Cayman Islands)

August 7, 2024

Petition for Court Supervision of a Voluntary Supervision in the matter of Pearl Holding III Limited (in Voluntary Liquidation), described as an "intermediate holding company" for an Asia-based group that "provides a broad range of high precision tools and complex injection molded components to product manufacturers in the electronics, automotive, healthcare and industrial markets", at the Grand Court of the Cayman Islands.

Pearl Holding II Ltd.: ‘Court Supervision’ Petition (Cayman Islands)

August 7, 2024

Petition for Court Supervision of a Voluntary Supervision in the matter of Pearl Holding II Limited (in Voluntary Liquidation), described as a "holding company" for an Asia-based group that "provides a broad range of high precision tools and complex injection molded components to product manufacturers in the electronics, automotive, healthcare and industrial markets", at the Grand Court of the Cayman Islands.

Pearl Holding I Ltd.: ‘Court Supervision’ Petition (Cayman Islands)

August 7, 2024

Petition for Court Supervision of a Voluntary Supervision in the matter of Pearl Holding I Limited (in Voluntary Liquidation), described as a "holding company" for an Asia-based group that "provides a broad range of high precision tools and complex injection molded components to product manufacturers in the electronics, automotive, healthcare and industrial markets", at the Grand Court of the Cayman Islands.

Journey Fund I L.P.: Restoration Application (Cayman Islands)

July 25, 2024

Originating Application in the matter of Journey Fund I L.P. at the Grand Court of the Cayman Islands.

SC China Health Holdings Ltd.: Restoration Application (Cayman Islands)

July 23, 2024

Originating Application in the matter of SC China Health Holdings Ltd. at the Grand Court of the Cayman Islands.

1MDB liquidators sue Amicorp Group & CEO Toine Knipping in BVI for ‘dishonest assistance to $7B fraud’

July 16, 2024

Hong Kong-based corporate services provider Amicorp Group's operations in Barbados, British Virgin Islands, Curaçao, Hong Kong, and Singapore and its Dubai-based CEO, Toine Knipping, are being sued in the BVI for allegedly helping to launder some of the $7 billion that was misappropriated from the Malaysian sovereign wealth fund 1MDB.

Celsius Network LLC et al v. Onchain Custodian Pte Ltd.: Complaint (‘$250K Preferential Transfers’)

July 12, 2024

Complaint to void and recover “preferential transfers” in Mohsin Y. Meghji, as Litigation Administrator for Celsius Network LLC, Celsius KeyFi LLC, Celsius Lending LLC, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, Celsius Networks Lending LLC, Celsius US Holding LLC, GK8 Ltd., GK8 UK Limited, and GK8 USA LLC v. Onchain Custodian Pte Ltd., of Singapore, at the U.S. Bankruptcy Court for the Southern District of New York.

Celsius Network LLC et al v. Zipmex Asia Pte Ltd.: Complaint (‘$14.3M Preferential Transfers’)

July 11, 2024

Complaint to void and recover “preferential transfers” in Mohsin Y. Meghji, as Litigation Administrator for Celsius Network LLC, Celsius KeyFi LLC, Celsius Lending LLC, Celsius Mining LLC, Celsius Network Inc., Celsius Network Limited, Celsius Networks Lending LLC, Celsius US Holding LLC, GK8 Ltd., GK8 UK Limited, and GK8 USA LLC v. Zipmex Asia Pte Ltd., of Singapore, at the U.S. Bankruptcy Court for the Southern District of New York.

Journey Management I, LLC: Restoration Application (Cayman Islands)

July 10, 2024

Originating Application in the matter of Journey Management I, LLC at the Grand Court of the Cayman Islands.

Da Xiong Investments Pte. Ltd. v. Cole Harris et al: Complaint (‘$15M Fraud & Theft’)

July 10, 2024

Complaint alleging the defendants "engaged over the course of several years in acts of wire fraud, theft, money laundering, and other substantive violations of RICO, conspiracy to commit acts in violation of RICO, and other misconduct by which Defendants have stolen and laundered and continue to hide at least $13 million in cash from a company of which plaintiff Da Xiong Investments Pte. Ltd. is the sole shareholder" in Da Xiong Investments Pte. Ltd., of Singapore v. Cole Matthew Harris and Ying Chen, a.k.a. Cindy Chen, at the U.S. District Court for the Central District of California.

Terraform Labs Ltd.: Chapter 11 Petition (‘BVI Crypto Insolvency’)

July 1, 2024

Chapter 11 Petition by Terraform Labs Limited, of the British Virgin Islands, at the U.S. Bankruptcy Court for the District of Delaware.

Global Diversified Investment Company Ltd. et al v. Amicorp B.V.I. Ltd. et al: Claim Form (‘1MDB Dishonest Assistance’)

June 23, 2024

Claim Form in Global Diversified Investment Company Limited, formerly known as 1MDB Global Investments Limited; Aabar Investments PJS Limited (in Liquidation), SRC International (Malaysia) Limited (in Liquidation), and Brazen Sky Limited (in Liquidation) v. Amicorp B.V.I. Limited, of the British Virgin Islands; Amicorp Management Limited, of the British Virgin Islands; Artemas Wealth Management (Barbados) Ltd., formerly known as Amergeris Wealth Management (Barbados) Ltd., of Barbados; Amicorp Fund Services N.V., of Curaçao; Amicorp Singapore Pte. Ltd., of Singapore; Amicorp Hong Kong Limited, of Hong Kong; Amicorp Limited, of Hong Kong; Amicorp Bank and Trust Limited, of Barbados, and Antonius Rudolphus Wilhelmus Knipping, a.k.a. Toine Knipping, of Dubai, United Arab Emirates, at the British Virgin Islands High Court.

Yuzhou Group Holdings Company Ltd.: ‘Scheme of Arrangement’ Petition

June 21, 2024

Petition for the Court's sanction of a Scheme of Arrangement in the matter of Yuzhou Group Holdings Limited, described as "the holding company of a group that is principally engaged in property development, property investment, property management and hotel operations in the People’s Republic of China and Hong Kong", at the Grand Court of the Cayman Islands.

Guanghua SS Holdings Ltd. v. Lim Yew Cheng et al: Claim Form (‘$234M Debt’)

June 12, 2024

Claim Form in Guanghua SS Holdings Limited, of the Cayman Islands v. Lim Yew Cheng and Lin Minghan, both of Singapore, at the British Virgin Islands High Court.

EUDA Health Holdings Ltd. v. Carey Olsen Singapore LLP: ‘Set Aside’ Application

May 24, 2024

Application to set aside a statutory demand in EUDA Health Holdings Limited v. Carey Olsen Singapore LLP, of Singapore, at the British Virgin Islands High Court.

George Cowan v. Equis Special L.P. et al: Ruling (‘Denying Application for Identity of Litigation Funder’)

May 22, 2024

Ruling, inter alia, dismissing applications for the identity of "the third party pure funder" and for security for costs in George Allen Cowan, individually and derivatively on behalf of Equis Special L.P., formerly known as Equis Asia Fund Special L.P. v. Equis Special L.P., acting by its General Partner, Equis Special GP; Equis Special GP, in its capacity as General Partner of Equis Special L.P.; David Charles Russell, Adam Bernhard Ballin, Lance Michael Comes, Joseph Thomas Carmody, Rajpal Singh Chaudhary, and Tony Gibson at the Grand Court of the Cayman Islands.

Oro Negro Primus Pte. Ltd. et al v. Quinn Emanuel Urquhart & Sullivan, LLP et al: Discovery Application (Mexico)

May 17, 2024

Application by Oro Negro Primus Pte. Ltd., Oro Negro Laurus Pte. Ltd., Oro Negro Fortius Pte. Ltd., Oro Negro Decus Pte. Ltd., Oro Negro Impetus Pte. Ltd., and Oro Negro Drilling Pte. Ltd., all of Singapore, to take discovery from Gonzalo Gil White, Jose Antonio Cañedo White, Carlos Enrique Williamson Nasi, Miguel Angel Villegas Vargas, Quinn Emanuel Urquhart & Sullivan, LLP, and Axis Capital Management, Inc. for use in "three criminal proceedings and one bankruptcy proceeding pending in Mexico" that "arise out of a failed business venture started by Gil White, Cañedo White, Williamson Nasi, and Villegas Vargas, among others, to operate five oil drilling rigs for Pemex, the Mexican state-owned oil company", filed at the U.S. District Court for the Southern District of Florida.

USA v. Douglas Edelman et al: Criminal Indictment (‘Tax Evasion on $350M of Income’)

May 16, 2024

Criminal Indictment alleging tax evasion on more than $350 million of income received "as a defense contractor during the United States' post-9/11 military efforts in Afghanistan and the Middle East" involving bank accounts and/or companies in Bahamas, Belize, British Virgin Islands, Gibraltar, Malta, Mexico, Netherlands, Panama, Singapore, Switzerland, and United Arab Emirates in USA v. Douglas Edelman, described as a citizen of the USA, and Delphine Le Dain, described as a citizen of France who is married to Edelman, both of whom "have lived in recent years in the United Kingdom and Spain, but currently live in Switzerland", at the U.S. District Court for the District of Columbia.

Fenghua Multi-Strategies Fund SPC v. OCI Fenghua Selected Fixed Income SP2 et al: Receivership Petition

May 13, 2024

Petition for the appointment of Receivers in Fenghua Multi-Strategies Fund SPC v. OCI Fenghua Selected Fixed Income SP2 and OCI Fenghua Special Opportunities Equity Investment SP4 at the Grand Court of the Cayman Islands.

Deelish Brands Pte. Ltd.: Chapter 15 Petition (Singapore)

May 9, 2024

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Singapore by Chen Li shan, as the Foreign Representative of Deelish Brands Pte. Ltd., which "was in the business of managing cafés", filed at the U.S. Bankruptcy Court for the Central District of California.

City Credit Investment Bank Ltd.: Interim Liquidator’s Report (May 2024)

May 2, 2024

Report by Lule Furler, as the Interim Liquidator of City Credit Investment Bank Limited, of Labuan, for the period from October 16th, 2023 to April 15th, 2024.

Allen Han Loong v. BVI Registrar of Corporate Affairs (Moshe Investments Ltd.)

April 29, 2024

Fixed Date Claim Form regarding Moshe Investments Ltd. in Allen Tan Han Loong, of Singapore v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

USA v. Razer Inc. et al: Complaint (‘False Marketing’)

April 26, 2024

Complaint alleging "deceptive advertising and misinformation" that "posed a risk to public health and safety" in USA v. Razer Inc., of the Cayman Islands; Razer (Asia-Pacific) Pte. Ltd., of Singapore, Razer USA Ltd., and Razer Health Pte. Ltd., of Singapore, at the U.S. District Court for the Central District of California.

Translarity Inc. v. Grand Junction Semiconductor Pte Ltd. et al: Complaint

April 23, 2024

Complaint alleging fraud in Translarity Inc. v. Grand Junction Semiconductor Pte Ltd., of Singapore; ZiFund, of China; Alpha Wealth Global Limited, of the British Virgin Islands; Pacific Gate Advisors LLC, Robert Marassa, and Huan Wang at the U.S. District Court for the Northern District of California.

BlockCalculus: Amended Restoration Application (Cayman Islands)

April 12, 2024

Amended Originating Application in the matter of BlockCalculus at the Grand Court of the Cayman Islands.

Fat Projects Acquisition Corp.: Directors (Cayman Islands)

April 11, 2024

Director Details for Fat Projects Acquisition Corp., obtained from the Cayman Islands General Registry on April 11th, 2024.

Joshua Taylor et al v. David Salim et al: Fixed Date Claim Form (‘$382M Receivership Recognition’)

April 5, 2024

Ex Parte Fixed Date Claim Form in Joshua James Taylor and Ee Ling Chew, of Alvarez & Marsal, in Singapore, as Receivers and Managers of the Assets of David Salim v. David Salim, of Singapore; Lynhurst Way Limited, and Star Pacific Global Investment Limited at the British Virgin Islands high Court.

Harneys (Hong Kong) v. Knight Castle Investments Ltd.: Liquidation Application (‘$670K Debt’)

April 3, 2024

Originating Application in Harney Westwood & Riegels, a Hong Kong law firm v. Knight Castle Investments Limited at the British Virgin Islands High Court.

BFF II Pte Ltd. et al v. Matthew Rosen: Amended Complaint (‘Securities Fraud’)

April 3, 2024

Amended Complaint alleging fraud involving "the sale of securities owned by Defendant in Steem Monsters, Corp." in BFF II Pte Ltd., of Singapore, and Side Door Ventures LP v. Matthew Rosen at the U.S. District Court for the Eastern District of Pennsylvania.

Higround Co. Ltd. et al v. Henry Lee et al: Complaint (‘$5M Loan Repayment’)

April 2, 2024

Complaint in Higround Co. Ltd., of South Korea, and Higround Pte Ltd., of Singapore v. Henry Han-Woong Lee, Genesis Digital Assets Pte Ltd., of Singapore; Genesis Group Partners LLC, Genesis Neon Group LLC, and Neon Partners LLC at the Supreme Court of the State of New York, County of New York, USA.

A K M Golam Kibria v. BVI Registrar of Corporate Affairs: Restoration Application (Ocean Trade Shipping Inc.)

March 28, 2024

Fixed Date Claim Form regarding Ocean Trade Shipping Inc. in A K M Golam Kibria v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

CFTC v. KuCoin et al: Complaint (‘Unregistered Crypto Exchange’)

March 26, 2024

Complaint in U.S. Commodity Futures Trading Commission v. Mek Global Limited, of the Seychelles; PhoenixFin PTE. Ltd., of Singapore; Flashdot Limited, of the Cayman Islands, and Peken Global Limited, of the Seychelles, "collectively doing business as a centralized digital asset exchange under the name 'KuCoin'", at the U.S. District Court for the Southern District of New York.

BFF II Pte Ltd. et al v. Matthew Rosen et al: Complaint (‘Securities Fraud’)

March 22, 2024

Complaint alleging fraud involving "the sale of securities owned by Rosen in Steem Monsters, Corp." in BFF II Pte Ltd., of Singapore, and Side Door Ventures LP v. Matthew Rosen and Blair Jesse Reich at the U.S. District Court for the Eastern District of Pennsylvania.

Fat Projects Acquisition Corp.: ‘Court Supervision’ Petition

March 15, 2024

Petition for Court Supervision of a Voluntary Liquidation in the matter of Fat Projects Acquisition Corp. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

First Plus Financial Holdings Pte. Ltd. v. Hualong Asia Co. Ltd.: Liquidation Application (‘€24M Debt’)

March 13, 2024

Originating Application in First Plus Financial Holdings Pte. Ltd., of Singapore v. Hualong Asia Co. Limited at the British Virgin Islands High Court.

Wirawan Jusuf v. BVI Registrar of Corporate Affairs: Restoration Application (Justine Line Ltd.)

March 11, 2024

Fixed Date Claim Form regarding Justine Line Limited in Wirawan Jusuf, of Singapore v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

OCM Venice XI Investments Pte Ltd. v. Shengjian (BVI) Ltd.: Liquidation Application (‘$473M Debt’)

March 5, 2024

Originating Application in OCM Venice XI Investments Pte Ltd., of Singapore v. Shengjian (BVI) Limited at the British Virgin Islands High Court.

Selfridges v. BVI Registrar of Corporate Affairs: Restoration Application (Marina Bay Samudera Ltd.)

February 15, 2024

Fixed Date Claim Form regarding Marina Bay Samudera Limited in Selfridges, of Singapore v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Higround Co., Ltd. et al v. Henry Lee et al: Second Amended Complaint (‘$4.75M Fraud’)

February 12, 2024

Second Amended Complaint in Higround Co. Ltd., of South Korea, and Higround Pte. Ltd., of Singapore v. Henry Han-Woong Lee, described as a U.S. citizen residing in New York, USA; Genesis Digital Assets Pte. Ltd., of Singapore; Genesis Group Partners LLC, Neon Partners LLC, and Genesis-Neon Group LLC at the U.S. District Court for the Southern District of New York.

Three Arrows Capital’s offshore feeder fund applies for Chapter 15 bankruptcy recognition in New York

February 8, 2024

Three Arrows Fund - the offshore feeder fund for British Virgin Islands-domiciled, Singapore-based failed crypto hedge fund Three Arrows Capital - has applied for Chapter 15 bankruptcy recognition in New York.

Three Arrows Fund, Ltd.: Chapter 15 Petition (British Virgin Islands)

February 8, 2024

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Paul Pretlove, James Drury, and David Standish, all of Interpath, as the Foreign Representatives of Three Arrows Fund, Ltd. (in Liquidation), which was "founded by Kyle Davies and Su Zhu" and was "the offshore feeder fund of Three Arrows Capital, Ltd.", which was described as "one of the largest crypto and digital asset venture capital firms in the world", filed at the U.S. Bankruptcy Court for the Southern District of New York.

Guo Chen v. BVI Registrar of Corporate Affairs: Restoration Order (Sisyphus Rock Ltd.)

February 1, 2024

Restoration Order regarding Sisyphus Rock Limited in Guo Chen v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Sunil Kavuri et al v. FTX Trading Ltd. et al: Complaint (‘Foreign FTX Customers’)

January 31, 2024

Complaint by "Customers of FTX.com located outside the United States of America, who held accounts on the FTX.com platform as of the Petition Date" seeking "a declaration that assets customers deposited, held, received, or acquired on the FTX.com platform are customer property and not property of the Debtors’ estates" in Sunil Kavuri, a citizen and resident of the United Kingdom; Ahmed Abd-El-Razek Noia Capital SÀRL, of Luxembourg, and Patrick Rabbitte v. FTX Trading Ltd., Alameda Research LLC, Alameda Research Ltd, Alameda Research Holdings Inc., Clifton Bay Investments LLC, West Realm Shires Services Inc., West Realm Shires Financial Services Inc., Ledger Holdings Inc., FTX Japan Holdings K.K., FTX Europe AG, FTX Property Holdings Ltd, LT Baskets Ltd., Alameda TR Ltd, Allston Way Ltd, Analisya Pte Ltd, Atlantis Technology Ltd., Bancroft Way Ltd, Blue Ridge Ltd, Cardinal Ventures Ltd, Cedar Bay Ltd, Liquid Securities Singapore Pte Ltd, Maclaurin Investments Ltd., Mangrove Cay Ltd, Paper Bird Inc, Pioneer Street Inc., Quoine India Pte Ltd, Quoine Vietnam Co. Ltd, SNG INVESTMENTS YATIRIM VE DANISMANLIK ANONIM SIRKETI, Strategy Ark Collective Ltd., Technology Services Bahamas Limited, Verdant Canyon Capital LLC, West Innovative Barista Ltd., Western Concord Enterprises Ltd., FTX Equity Record Holdings Ltd, FTX Exchange FZE, FTX Hong Kong Ltd, FTX Japan K.K., FTX Japan Services KK, Alameda Aus Pty Ltd, Alameda Research (Bahamas) Ltd, Alameda Research KK, Alameda Research Pte Ltd, Alameda Research Yankari Ltd, Alameda TR Systems S. de R. L., Blockfolio, Inc., Clifton Bay Investments Ltd, Cottonwood Grove Ltd, Crypto Bahamas LLC, Deep Creek Ltd, Digital Custody Inc., FTX Canada Inc, FTX Digital Holdings (Singapore) Pte Ltd, FTX Products (Singapore) Pte Ltd, FTX Services Solutions Ltd., FTX Structured Products AG, FTX Trading GmbH, FTX Zuma Ltd, Global Compass Dynamics Ltd., Goodman Investments Ltd., Hawaii Digital Assets Inc., Innovatia Ltd, Island Bay Ventures Inc, Killarney Lake Investments Ltd, Zubr Exchange Ltd, Alameda Global Services Ltd., Cottonwood Technologies Ltd, Deck Technologies Holdings LLC, Deck Technologies Inc., Euclid Way Ltd, FTX Digital Assets LLC, FTX EMEA Ltd., FTX US Trading, Inc., Hive Empire Trading Pty Ltd, Liquid Financial USA Inc., LiquidEX LLC, North Dimension Inc, North Wireless Dimension Inc., LedgerPrime Bitcoin Yield Enhancement Master Fund, LLC, LedgerPrime Digital Asset Opportunities Fund, LLC, LedgerPrime Digital Asset Opportunities Master Fund LP, LedgerPrime LLC, LedgerPrime Ventures, LP, North Dimension Ltd, Quoine Pte Ltd, Cedar Grove Technology Services, Ltd., DAAG Trading, DMCC, FTX Certificates GmbH, FTX Crypto Services Ltd., FTX EU Ltd., FTX Lend Inc., FTX Marketplace, Inc., FTX Switzerland GmbH, FTX TURKEY TEKNOLOJI VE TICARET ANONIM SIRKET, FTX US Services, Inc., FTX Ventures Ltd., GG Trading Terminal Ltd, Good Luck Games, LLC, Hannam Group Inc, Hilltop Technology Services LLC, West Realm Shires Inc., and LedgerPrime Bitcoin Yield Enhancement Fund, LLC at the U.S. Bankruptcy Court for the District of Delaware.

Cai Wenting v. BVI Registrar of Corporate Affairs: Restoration Application (Crystal Heights Holdings Ltd.)

January 24, 2024

Fixed Date Claim Form regarding Crystal Heights Holdings Ltd. in Cai Wenting, of Singapore v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Zhongyang Construction Group Co Ltd. v. Oryx Biotech Holdings Inc.: Winding Up Petition (‘RMB 67M Debt’)

January 24, 2024

Winding Up Petition in Zhongyang Construction Group Co Ltd., of China v. Oryx Biotech Holdings Inc., described as "an equity holding company which owns subsidiaries with various operations across South Asia" that are "primarily engaged in plasma based biopharmaceutical development", at the Grand Court of the Cayman Islands.

Terraform Labs Pte. Ltd.: Chapter 11 Petition (‘Crypto Bankruptcy’)

January 21, 2024

Chapter 11 Petition by blockchain firm Terraform Labs Pte. Ltd., of Singapore, at the U.S. Bankruptcy Court for the District of Delaware.