Thomas Daniels

Beacon Hill liquidators sue managers, administrator and auditor

March 31, 2005

The liquidators of an offshore hedge fund that collapsed owing approximately $300 million have filed a civil complaint in New York against its former controllers, auditor and administrator.The complaint was filed by Theo Bullmore and Philip Stenger, as joint official

Beacon Hill and principals settle SEC litigation

November 8, 2004

A hedge fund manager and its four principals have settled securities fraud litigation with the SEC. Under the terms of the settlement that were announced on October 28, 2004, New Jersey based Beacon Hill Asset Management LLC, John D. Barry,

Beacon Hill investors sue Ernst & Young (Cayman) et al

October 31, 2004

Ernst & Young (Cayman) has been named as a defendant in two new civil lawsuits filed by 12 investors in two failed hedge funds who have claims totaling $197 million.The actions were filed at the U. S. District Court for the Southern District of New York on October 5 and October 7, 2004 and concern investments made in Bristol Fund Ltd., of the Cayman Islands, and Safe Harbor Fund L. P., of New Jersey.

Banca Nazionale del Lavoro S.p.A. et al v. Beacon Hill Asset Management et al: Claims

October 31, 2004

Claims by Banca Nazionale del Lavoro S.p.A. et al v. Beacon Hill Asset Management et al - October 31, 2004

Insider Talking: November 30, 2003

November 30, 2003

Deloitte & Touche has offered $32 million to settle a class action lawsuit filed on behalf of shareholders of the British Virgin Islands registered Manhattan Investment Fund who bought shares between October, 1995 and January, 2000. D&T's Bermuda office audited

Beacon Hill files for liquidation in Cayman

October 31, 2003

An offshore hedge fund whose Board includes a director of the agency that regulates it has gone into liquidation. Beacon Hill Master Ltd. filed a voluntary winding-up petition at the Grand Court of the Cayman Islands on October 27, 2003. Theodore Bullmore and Simon Whicker, both of KPMG, have been appointed liquidators.