Winter 2013 • Issue 46, page 23

Foreigner as a Bahamian Joint Official Liquidator

By Mirman, Alan *

Interesting and novel assignments department: The U. S. District Court in the Northern District of Illinois appointed Robb Evans & Associates LLC as Receiver of the world-wide assets of Nikolai Simon Battoo and his entities, BC Capital companies. To execute the authority of the appointment over assets in the Bahamas, Brick Kane, President of Robb Evans & Associates LLC, was appointed as a Joint Official Liquidator. The Supreme Court of the Commonwealth of the Bahamas issued the appointment order, which included two local partners of PricewaterhouseCoopers. The appointment of the Joint Official Liquidators removed a local liquidator appointed by the defendant and was one of the rare occasions a foreigner became an appointed Joint Official Liquidator.

*Alan Mirman is a founding partner in the law firm of Mirman, Bubman & Nahmias LLP, in Woodland Hills, California. For more than thirty years, Mr. Mirman has specialized in creditor's rights, real property law, business litigation, commercial and financial institutions litigation and documentation.