New Filing - Caribbean Commercial Investment Bank Ltd.

Caribbean Commercial Investment Bank Ltd.

  • 11/23/16 Recap: Confusing mess but the upshot is that the court-appointed administrator (FTI Consulting) seeks to claw back depositor funds that were transferred to a separate entity under Eastern Caribbean Central Bank regulatory supervision.
  • Jurisdiction: S.D. of New York
  • Capital Structure: ~$6mm of deposits at issue.   
  • Company Professionals:
    • Legal: Reed Smith LLP (James McCarroll, Jordan Siev, Kurt Gwynne)
    • Financial Advisor: FTI Consulting (William Tacon, Ian Morton)
  • Other Parties in Interest: