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Basis Yield Alpha Fund (Master) 

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Basis Yield Alpha Fund (Master)
Docket.

Walker House, 87 Mary Street, George
Town, Grand Cayman, Cayman Island, KY1-9002 
http://www.basiscap.com.au/
  
The Debtor is a Cayman Islands mutual fund. It operates as a master-feeder structure that allows investors' funds to be channeled through two companies operating in a single jurisdiction to a "master" company operating in the same jurisdiction. These two feeder funds are Basis Yield Alpha Fund (US), a US feeder fund for US taxable investors, and Basis Yield Alpha Fund, a non-US feeder for all other investors.
  
Petitioner:  Hugh Dickson
Joint Provisional Liquidator


Paul Andrew Billingham
Joint Provisional Liquidator


Stephen John Akers
Joint Provisional Liquidator


Petition Date: 
 
2007-08-29
 
Case number:
 
07-12762
 
Bankruptcy Court: Bankruptcy Court for the Southern District of New York
615-3 Alexander Hamilton Custom House
One Bowling Green
New York, NY 10004-1408

  
U.S. Judge: Robert E. Gerber
  
Petitioners' Counsel: Karen Dine
Pillsbury Winthrop Shaw Pittman LLP
1540 Broadway
New York, NY  10036
Tel: (212) 858-1791
Fax: (212) 858-1500


U.S. Trustee:

Diana G. Adams
33 Whitehall Street
21st Floor
New York, NY  10004
Tel: 212-510-0500
Fax: 212-668-2256


  
Foreign Proceeding:
Case number: 379 of 2007

Date Filed:  2007-08-27

Court: Grand Court of the Cayman Islands
Cayman Islands

Judge: Justice Levers

Counsel: Sandra Corbett
Walkers, Attorneys-at-Law
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 2007-08-29 Chapter 15 Petition for recognition of Foreign Proceeding filed by Karen Dine of Pillsbury Winthrop Shaw Pittman LLP. on behalf of Hugh Dickson.
 
0002-ExhibitB 2007-08-29 Declaration of Hugh Dickson as Foreign Representative.
 
0002-ExhibitC 2007-08-29 Proposed Order granting recognition of Foreign Main Proceeding.
 
0002-ExhibitE 2007-08-29 Notice of filing, hearing and deadline to respond to Chapter 15 Petition.
 
0002-ExhibitG 2007-08-29 Declaration of Sandra Corbett.
 
0003 2007-08-29 Motion for Order to Show Cause with TRO and Preliminary Injunction filed by Karen Dine on behalf of Hugh Dickson.
 
0003-ExhibitA 2007-08-29 Declaration of Sandra Corbett.
 
0003-ExhibitATRO 2007-08-29 Proposed Order to Show Cause with TRO.
 
0003-ExhibitB 2007-08-29 Proposed Preliminary Injunction Order.
 
0003-ExhibitC 2007-08-29 Ex-Parte Summons for all parties concerned.
 
0003-ExhibitDOrd 2007-08-29 Grand Court of the Cayman Islands Order appointing Joint Provisional Liquidators.
 
0003-ExhibitE 2007-08-29 Foreign Petition to the Grand Court of the Cayman Islands.
 
0003ExhibitD 2007-08-29 Petition to Grand Court of the Cayman Islands filed by Basis Yield Alpha Fund (Master).
 
0005 2007-08-29 Order to show Cause with TRO signed on 8/29/07 by the Honorable Arthur J. Gonzalez with hearing to be held on 9/6/2007.
 
0006 2007-08-29 Certificate of Service - Chapter 15 Petition and Verified Petition.
 
0008 2007-09-05 Case Management Order.
 
0009 2007-09-05 Supplemental to Verified Petition for recognition of Foreign Main Proceeding pursuant to Sections 1515 and 1517 of the Bankruptcy Code.
 
0010 2007-09-05 Response of Citigroup Global Markets Limited to Debtors' request for entry of order for Preliminary Injunction.
 
0011 2007-09-05 Corrected Supplemental to Verified Petition for Recognition of Foreign Main Proceeding.
 
0013 2007-09-05 Notice of agenda of matters scheduled for hearing on 09/06/2007, filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master).
 
0015 2007-09-10 Transcript of Hearing held on September 6, 2007, regarding Motion for Temporary Restraining Order and Related Relief filed by Veritext, LLC.
 
0016 2007-09-12 Order on hearing on Joint Provisional Liquidators' Motion for Recognition of Foreign Proceeding.
 
0017 2007-09-21 Stipulation and Order Scheduling Discovery, Briefing and Recognition Hearing, with hearing to be held on 11/19/2007 at 09:45 AM at Courtroom 621.
 
0018 2007-09-21 Order approving Motion for Preliminary Injunction Order.
 
0022 2007-10-03 Motion to Authorize / SECOND SUPPLEMENT TO VERIFIED PETITION FOR RECOGNITION OF FOREIGN MAIN PROCEEDING PURSUANT TO SECTIONS 1515, 1517, AND 1518 OF THE BANKRUPTCY CODE AND RELATED RELIEF filed by Karen Dine.
 
0023 2007-10-22 Memorandum of Law in Support of Motion for Recognition of Foreign Main Proceeding, or in the alternative, as Foreign Nonmain Proceeding.
 
0024 2007-11-06 Limited Objection of Citigroup Global Markets Limited to Debtors' Proposed Order Granting Recognition filed by Lindsee Paige Granfield on behalf of Citigroup Global Markets Limited.
 
0024ExhibitA 2007-11-06 Proposed Order Granting Recognition of Foreign Proceeding pursuant to Sections 1515 and 1517 of the Bankruptcy Code.
 
0026 2007-11-07 Letter to Judge Gerber requesting a telephonic conference filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master).
 
0027 2007-11-19 Motion for Summary Judgment Regarding Recognition of the Chapter 15 Case as a Foreign Main Proceeding filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master), with hearing to be held on 1/15/2008 at 09:45 AM at Courtroom 621, and responses due by 12/6/2007.
 
0027ExhibitA 2007-11-19 Proposed Order Granting Recognition of Foreign Main Proceeding pursuant to Sections 1515 and 1517 of the Bankruptcy Code.
 
0030 2007-11-20 Proposed Stipulation and Scheduling Order filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master).
 
0031 2007-11-29 So Ordered Stipulation Scheduling a Hearing on Motion for Summary Judgment Regarding Recognition of the Chapter 15 Case as a Foreign Main Proceeding, with hearing to be held on 1/15/2008 at 09:45 AM at Courtroom 621, and objections due by 1/8/2008.
 
0033 2007-12-07 Certificate of no Objection regarding the Foreign Representatives' Motion for Summary Judgment regarding Recognition of the Chapter 15 Case as a Foreign Main Proceedingfiled by Karen Dine on behalf of Basis Yield Alpha Fund (Master).
 
0034 2008-01-03 Statement Regarding Status of Cayman Island Proceeding pursuant to Section 1518 of the Bankruptcy Code filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master).
 
0037 2008-01-16 Decision and Order on Motion for Summary Judgment Seeking Recognition as Foreign Main Proceeding signed on 1/16/2008.
 
0037ExhibitA 2008-01-16 Order regarding upcoming hearing on Motion for Recognition as Foreign Main Proceeding.
 
0039 2008-01-22 Errata Order signed on 1/22/2008, regarding Decision and Order on Motion for Summary Judgment Seeking Recognition as Foreign Main Proceeding.
 
0040 2008-04-03 Foreign Representatives' Motion to Dismiss Basis Yield Alpha Fund (Master)'s Chapter 15 Proceeding filed by Karen Dine on behalf of Basis Yield Alpha Fund (Master). Hearing to be held on 4/30/2008, at 9:45 AM at Courtroom 621. Responses due by 4/23/2008.
 
0041 2008-04-24 Statement of no objection and Certificate of no objection regarding the Foreign Representatives' Motion to dismiss Basis Yield Alpha Fund's Chapter 15 Proceeding, filed by Karen Dine on behalf of Basis Yield Alpha Fund.
 
0043 2008-04-29 Order signed on 4/30/2008, Granting Motion To Dismiss Chapter 15 Proceedings of Basis Yield Alpha Fund (Master).

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