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Topic: BDO Cayman
Regulatory technology developer SILO Compliance and accounting firm BDO Cayman have entered into a joint venture.
The liquidators of a Cayman-based offshore feeder fund and a related intermediary pass-through fund that invested into the now-defunct Platinum Partners Value Arbitrage Fund LP (PPVA) are suing the fund’s auditors BDO in Cayman.
On Tuesday, Grand Court Justice Raj Parker granted BDO Cayman’s request for an anti-suit injunction against Argyle, restraining Argyle from continuing the proceedings against BDO Cayman in the U.S.
Government’s attempts to collect two sets of business licensing fees from accountancy firms amounts to unfair double taxation that is not supported by the wording of the legislation, lawyers for five major firms argued in Grand Court Wednesday.