Ardent Harmony Fund, Inc. et al v. Stormwater Structures, Inc.: Complaint
Complaint in Ardent Harmony Fund, Inc. and Argyle Funds SPC, Inc. v. Stormwater Structures, Inc. at the U. S. District Court for the Eastern District of New York.
Ardent Harmony Fund, Inc. et al v. Construction Ecoservices, LLC et al: Complaint
Complaint in Ardent Harmony Fund, Inc. and Argyle Funds SPC, Inc. v. Construction Ecoservices, LLC and Construction Ecoservices II, Inc. at the U. S. District Court for the Eastern District of New York.
Auditor BDO sued for $280M by liquidators of ‘defrauded’ Cayman fund
Auditor BDO's operations in the Cayman Islands, Trinidad & Tobago and the United States are being sued for $280 million in damages by the liquidators of Cayman-domiciled Argyle Funds, which collapsed due to alleged fraud.
Ardent Harmony Fund Inc. et al v. Nancy Barrick: Complaint
Complaint in Ardent Harmony Fund Inc. and Argyle Funds SPC Inc. v. Nancy Barrick at New York Supreme Court.
Ardent Harmony Fund Inc. et al v. Donald Barrick: Complaint
Complaint in Ardent Harmony Fund Inc. and Argyle Funds SPC, Inc. v. Donald Barrick at New York Supreme Court.
Citing ‘immunity’, rain forest organization ITTO refuses to pay Cayman damages award
An intergovernmental organization established by the United Nations to protect rain forests is refusing to satisfy a $97,000 damages award in the Cayman Islands for obstructing the liquidation of swindled Ardent Harmony Fund, in which it is the biggest investor. The Japan-based International Tropical Timber Organization is claiming 'government immunity'.
UN-sponsored ITTO faces $12M loss in Cayman ‘fraud’
The International Tropical Timber Organization, which was established by the United Nations to protect rain forests, is one of the biggest victims of an apparent fraudulent scheme involving hedge funds in the Cayman Islands, an investment manager in Barbados and factoring firms in New York.
Argyle Funds & Ardent Harmony Fund go into liquidation, $89m at risk
A Cayman fund group set up by Barbados-based Canadian attorney Jeffrey Lipton has collapsed, putting US$89m of investors' funds at risk. Argyle Funds SPC, ARC (Euro) Fund, ARC (USD) Fund, and Ardent Harmony Fund went into liquidation apparently due to problems with loans of approximately $40m to NY-based factoring firm RMP Capital Corp.
Elderly US investors sue offshore firms after losing nearly $7 m in Axiom, Argyle Funds & EEA Life
Bermuda Commercial Bank and investment advisers are being sued in the United States on behalf of elderly trust fund beneficiaries who claim to have lost nearly $7 million in offshore investments, including Argyle Funds SPC and Axiom Legal Financing Fund, both of the Cayman Islands, and EEA Life Settlements Fund, of Guernsey.
LVAR, L.P. v. Bermuda Commercial Bank Ltd. et al: Complaint
Complaint in LVAR, L.P. v. Bermuda Commercial Bank Limited, BCB Paragon Trust Limited, formerly BCB Trust Company Limited; Neil de ste Croix, Andrew Peat Finanz Consultants GmbH, a.k.a. Andrew Peat Group Holdings; Andrew Peat, Stanley Chesed, and Profco International, a.k.a. Chesed Financial at the U. S. District Court for the Southern District of New York.