But he complains that he may have a difficulty in recovering from his co-directors their share of the spoil, and he asks that the official liquidator may proceed against his associates before calling upon him to make good the whole amount with which he has been charged.
12.
The total award being sought " is probably going to be in excess of dlrs 300 million, " said Houston attorney Allan Diamond, who filed the suit on behalf of Len B . Blackwell, a PricewaterhouseCoopers auditor who serves as the official liquidator and Chapter 11 bankruptcy trustee for I . G . Services.
13.
Moreover, an otherwise qualified insolvency practitioner shall not be appointed by the court as official liquidator of any company unless ( a ) he is resident in the Cayman Islands; and ( b ) he, or the firm of which he is a partner or employee, holds a trade and business licence which authorises him or his firm to carry on business as professional insolvency practitioners.
14.
In court papers filed two years ago, the government's official liquidator of Guardian Bank and Trust noted in a letter to the Royal Cayman Islands Police that the information Mathewson had turned over to the FBI " will sooner or later be passed on to the Internal Revenue Service for purpose of investigating and, where appropriate, prosecuting any bank clients subject to U . S . taxation ."
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