Chapter 15 of the United States Bankruptcy Code: Ancillary and Cross-Border Bankruptcies. The clearinghouse for all chapter 15 related materials
 
 
 
Bear Stearns High-Grade Structured Credit Strategies Master Fund Ltd. 
P.O. Box 908GT, 87 Mary Street, George
Town, Cayman Islands 
  
Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd., is an open-ended investment company, which was incorporated in the Cayman Islands on September 3, 2003. The company's objective is to seek high income and capital appreciation relative to the London Interbank Offered Rate
  
Petitioner:  Kristen Beighton
Joint Provisional Liquidator


Simon Lovell Clayton Whicker
Joint Provisional Liquidator


Petition Date: 
 
2007-07-31
 
Case number:
 
07-12383
 
Bankruptcy Court: Bankruptcy Court for the Southern District of New York
Alexander Hamilton Custom House
One Bowling Green
New York, NY 10004-1408
Telephone (212) 510-0500

  
U.S. Judge: The Honorable Burton R. Lifland
  
Petitioners' Counsel: Fred S. Hodara, Esq.
Akin Gump Strauss Hauer & Feld LLP
590 Madison Avenue
New York, New York  10022
Tel: (212) 872-1000
Fax: (212) 872-1002


U.S. Trustee:

Diana G. Adams
United States Trustee for Region 2
U.S. Department of Justice
Office of the United States Trustee
33 Whitehall Street, 21st Floor
New York, NY  10004-2111
Tel: (212) 510-0500
Fax: (212) 668-2255


  
Foreign Proceeding:
Case number: 324 of 2007

Date Filed:  2007-07-30

Court: Grand Court of Cayman Islands
George Town, Grand Cayman, Cayman Islands

Judge: Honorable Madam Justice Levers

Counsel: Sandra Corbett
Walkers, Attorneys-at-Law
Walker House, 87 Mary Street
George Town, Grand Cayman KY1-9001
Cayman Islands 
Tel: +1 345 949 0100
Fax: +1 345 949 7886


 
   
Other Information:
 
Total Assets: Greater than USD 100.00 Million
Total Liabilities: Greater than USD 100.00 Million
Bar Date:
List of Largest Creditors:
Entity Nature Of Claim Claim Amount
Important Documents:
 Docket No.  Date Filed Docket Text
 
0001 2007-07-31 Chapter 15 Petition for Recognition of Foreign Proceeding filed by Fred S. Hodara, Esq., of Akin, Gump, Strauss, Hauer & Feld, LLP on behalf of Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.
 
0002 2007-07-31 Verified petition for recognition of Foreign Main Proceeding Pursuant to Sections 1515 and 1517 of the Bankruptcy Code filed by Fred S. Hodara on behalf of Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.
 
0002 - A 2007-07-31 Declaration of Sandra Corbett ti support verified petition for recognition of Foreign Main Proceeding.
 
0002 - B 2007-07-31 Declaration of Kristen Beighton as Foreign Representative of Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.
 
0002 - D 2007-07-31 Petition to the Grand Court of the Cayman Islands.
 
0004 2007-07-31 Motion for Temporary Restraining Order /ex parte application for Order to Show Cause with TRO and a Preliminary Injunction filed by Fred S. Hodara on behalf of Bear Stearns High-Grade Structured Credit Strategies Master Fund, Ltd.
 
0004 - C 2007-07-31 Order of the Grand Court of the Cayman Islands for appointment of Joint Provisional Liquidators.
 
0007 2007-08-01 Order to show cause with temporary restraining order signed on 08/01/2007 with hearing to be held on 08/09/2007 at Courtroom 623.
 
0015 2007-08-09 Preliminary Injunction Order.
 
0017 2007-08-14 Transcript of Hearing held August 9, 2007, regarding Order to Show Cause for Preliminary Injunction.
 
0018 2007-08-21 Statement of Merrill Lynch, Pierce, Fenner & Smith, Inc., Merrill Lynch International and Merrill Lynch Capital Services, Inc., regarding the Debtor's Petition and Verified Petition seeking recognition of foreign main proceedings pursuant to Sections 1515 and 1517, filed by Madlyn Gleich Primoff.
 
0020 2007-08-24 Memorandum of Law in Support of Recognition of Foreign Proceedings as Foreign Main Proceeding filed by Fred S. Hodara on behalf of Joint Provisional Liquidators, Simon Lovell Clayton Whicker & Kristen Beighton.
 
0021 2007-08-24 Blackline of the Proposed Order Granting Recognition for High-Grade Fund filed by Fred S. Hodara on behalf of Joint Provisional Liquidators, Simon Lovell Clayton Whicker & Kristen Beighton.
 
0023 2007-08-28 Transcript of Hearing Held on August 27, 2007, to Consider Petition for Recognition.
 
0024 2007-08-30 Judge Lifland's Written Opinion and Order Denying Recognition of Bear Stearns Funds' Foreign Proceeding.
 
0026 2007-09-05 Judge Lifland's Amended Decision and Order Denying Recognition of Foreign Proceeding.
 
0027 2007-09-10 NOTICE OF APPEAL, filed by Fred S. Hodara, Esq., on behalf of Simon Lovell Clayton Whicker & Kristen Beighton, from Judge Lifland's Decision and Order denying the foreign representatives' request for recognition of Bear Stearns' liquidation proceeding in the Cayman Islands. Appellant designation is due on September 20, 2007.
 
0029 2007-09-20 Simon Lovell Clayton Whicker & Kristen Beighton, as foreign representatives' Statement of Issues on Appeal and Designation of Items to be Included in the Record on Appeal, filed by Fred S. Hodara on behalf of Joint Provisional Liquidators.
 
0030 2007-09-20 Notice of Hearing on Motion of the Foreign Representatives for a Stay Pending Appeal Pursuant to Bankruptcy Rule 8005, filed by Fred S. Hodara on behalf of Joint Provisional Liquidators, Simon Lovell Clayton Whicker & Kristen Beighton. Hearing will be held on September 24, 2007, at 11:00 AM at Courtroom 623 (BRL).
 
0032 2007-09-21 Motion, filed by Fred S. Hodara on behalf of Joint Official Liquidators, Simon Lovell Clayton Whicker & Kristen Beighton, to enforce stay pending the Official Liquidators' appeal of Judge Lifland's order denying their Chapter 15 recognition request. Hearing on the stay request will be on September 24, 2007. at 11:00 AM at Courtroom 623 (BRL).
 
0033 2007-09-21 Memorandum of Law, filed by Fred S. Hodara on behalf of Joint Official Liquidators, Simon Lovell Clayton Whicker & Kristen Beighton, in support of their request for stay pending appeal pursuant to Rule 8005 of the Federal Rules of Bankruptcy Procedure.
 
0035 2007-09-26 Order Granting the Motion of the Foreign Representatives for Stay Pending Appeal Pursuant to Bankruptcy Rule 8005.
 
0036 2007-10-10 Civil Cover Sheet from U.S. District Court, Case Number: 0708730 Judge Robert W. Sweet.
 
0038 2007-10-17 Motion, filed by Bank of America, N.A., for a determination that Judge Lifland's August 9, 2007, Preliminary Injunction Order, as extended by Order dated September 26, 2007, does not bar Bank of America from excercising certain of its voting rights or, in the alternative, modifying the Preliminary Injunction Order to permit Bank of America to do so. Hearing on Bank of America's request will be on November 1, 2007, at 10:00 AM. Objections due by 10/29/2007.
 
0039 2007-10-17 Memorandum of Law in support of motion filed by Jantra Van Roy on behalf of BANK OF AMERICA, N.A.
 
0041 2007-12-07 Bank of America, N.A.'s notice of Withdrawal, without prejudice, of its motion for a determination that the Bankruptcy Court's August 9, 2007 Preliminary Injunction Order, as extended by Order dated September 26, 2007, does not bar it from excercising certain of its voting rights or, in the alternative, modifying the Preliminary Injunction Order to permit it to do so.
 
0042 2007-09-26 Transcript of hearing held on 9/24/2007, regarding Motion for a stay pending the appeal of Judge Lifland's order, filed by Veritext Court Reporters.
 
0043 2008-05-28 Opinion of U.S. District Court Judge Robert W. Sweet denying Funds Liquidators' Appeal from Judge Lifland's Order.
 
0044 2008-06-27 Statement/Notice of Intention to Remove Funds Deposited in United States Bank Accounts pursuant to Order Granting the Motion of the Foreign Representatives for a Stay Pending Appeal pursuant to Bankruptcy Rule 8005 filed by Lisa G. Beckerman on behalf of Joint Official Liquidators Simon Lovell Clayton Whicker & Kristen Beighton (Joint Official Liquidators).
 
0046 2008-06-30 Statement/Amended Notice of Intention to Remove Funds Deposited in United States Bank Accounts pursuant to Order Granting the Motion of the Foreign Representatives for a Stay Pending Appeal pursuant to Bankruptcy Rule 8005, filed by Lisa G. Beckerman on behalf of Joint Official Liquidators Simon Lovell Clayton Whicker & Kristen Beighton.

Related Proceedings:
Plaintiff vs. Defendant Case No. Court File
Bear Stearns High-Grade Structured
Credits Strategies Master Fund, Ltd.,
and Bear Stearns High-Grade Structured
Credit Strategies Enhanced Leverage
Master Fund, Ltd.,
vs.

  
1:07-cv-08730-RWS U.S. District Court for the Southern District of New York (Foley Square)