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Department of Justice (DOJ) Cayman Islands

Ballard Spahr LLP

DOJ Announces Historic Civil Forfeiture Settlement in 1MDB Case

Ballard Spahr LLP on

Settlement Applies to $700 Million in Luxury Assets; Law Firms Obtain a Carve-Out - Last week, the Justice Department announced a massive settlement in the 1Malaysia Development Berhad (“1MDB”) case, a matter implicating...more

Blank Rome LLP

Confirming That No Country Is “Off Limits,” DOJ Secures Guilty Pleas From 2 Cayman Islands Financial Institutions for Tax Evasion

Blank Rome LLP on

In its first-ever conviction of a non-Swiss financial institution for tax evasion conspiracy, the Justice Department announced today that two Cayman Islands firms pleaded guilty in a U.S. court to conspiring to hide more than...more

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