The US Receivership and Bahamas liquidations may be woefully insolvent themselves on account of their pursuing the wrong assets: http://www.careyolsen.com/experience/ac… They have not gone after Battoo at all.
I heard that the essential forensic analysis proved helpful for the other side and the fact that the BVI entities were not part of any ponzi scheme at all - the Receiver and PwC did not even get up to a reasonably arguable case in Guernsey, which is legal speak for they only ever had a spurious case in trying to pinch the BVI companies' assets.
Makes you wonder who benefits from Robb Evans' litigation... Are the investors all going to pay for that? Surely it should be PwC and Robb Evans, no?
IFCguru says...
The US Receivership and Bahamas liquidations may be woefully insolvent themselves on account of their pursuing the wrong assets: http://www.careyolsen.com/experience/ac… They have not gone after Battoo at all.
On BISX listee in talks to settle SEC litigation
Posted 9 May 2016, 9:51 a.m. Suggest removal
IFCguru says...
I heard that the essential forensic analysis proved helpful for the other side and the fact that the BVI entities were not part of any ponzi scheme at all - the Receiver and PwC did not even get up to a reasonably arguable case in Guernsey, which is legal speak for they only ever had a spurious case in trying to pinch the BVI companies' assets.
Makes you wonder who benefits from Robb Evans' litigation... Are the investors all going to pay for that? Surely it should be PwC and Robb Evans, no?
On Bahamian companies wait two years for $1m fraud recovery pay
Posted 10 December 2015, 10:11 p.m. Suggest removal