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Bill Duker's shell Algamex financing PDVSA legal battle

Remember that beautiful sailing boat owned by Bill Duker? It's called Sybaris. It's for sale (€88 million), in case any reader wants to buy it and perpetuate the Greek myth associated with sybarite lifestyles. Digging further on Algamex, the shell that David Boies & Duker are using to provide funding from time to time to PDVSA US Litigation Trust, I finally found company records from Cyprus registrar: expectedly, Algamex's sole shareholder is Sybaris Limited, an Isle of Man shell fronted by a bunch of proxies grouped under Zedra Trust Company Limited. Duker's name is well hidden in Man, but there's no further doubts as to who is behind Algamex.

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