Cross-Border Fraud

The following session took place during Caribbean Insolvency Symposium in February 2023. This panel will discuss the latest updates on cross-border fraud issues, including the cross-border interplay between the SEC and U.S. state receiverships, domestic litigation, and liquidations in the Cayman Islands. The panelists will highlight the SEC v. TCA Fund case, which involved a huge fraud committed on investors in a master feeder structure, the issues surrounding the Florida receiver’s motion to approve a distribution plan in that case, and the conflict with Cayman law that, if applied, would produce a drastically different result than the plan proposed by the receiver. All sessions from this conference can be accessed at


Joel E. Cohen, Moderator
Stout Risius Ross, LLC | New York
Kieran W. Hutchison
EY | Grand Cayman, Cayman Islands
Sam Lieberman
Sadis & Goldberg LLP | New York
Bhavesh N. Patel
Travers Thorp Alberga | Grand Cayman, Cayman Islands

2023 Caribbean Insolvency Symposium