Check back regularly for exclusive breaking news stories on this hair-raising legal battle! Lady Monika Bacardi and her daughter Maria Luisa Bacardi are fighting against Liechtenstein professional trustees and their opqaque trust structures. The outcome of the legal proceedings will affect trust & wealth legislation in Central Europe for the next decade.

News on the Case

Re-Surfaced Deed Of Gift

After desperate attempts to receive the Deed of Gift, in which Lord Luis Bacardi gifts without any doubt his shares to his daughter Maria Luisa, the original document was finally retrieved from the archives of the trustees. This is further proof for the misconduct of the trustees and the nullity of the Bastille Trust. In […]

Bacardi LTD. Shares on wrong tracks

Sometimes the new finding is that there is none. Until this day, neither a contract justifying the transfer of assets or shares from Lord Luis Bacardi to a previous trust structure (Firstinvest/Primeinvest), from which the shares were transferred to the null & void Bastille Trust, could be found, nor could the trustees provide one. This […]

Florida court documents show major involvement of the infamous Liechtenstein law firm Marxer & Partner

What happened exactly? In the late 80s, when Lord Luis Bacardi lawfully took 50% of his assets out of the Corniche Trust, the Contingent Beneficiaries sued him in Liechtenstein. The lawfirm Marxer & Partner represented the Contingent Beneficiaries in this fraudulent scheme (s. Screenshot). At first sight, it seemed they sued him out of greed. […]

Critic of Liechtenstein’s Trust Law

Discrimination of Beneficiaries Unfortunately, the changes in the law do not touch the core of the problems of the Trustee Act. Beneficiaries of Liechtenstein trusts (trusts) continue to be grossly disadvantaged. The legal position of discretionary beneficiaries must be massively improved – similar to the foundation. They will in fact no party status in judicial […]

Money laundering through the steel door in Vaduz – the Klaus Zumwinkel case

The scandal surrounding the former chairman of the board of Deutsche Post, Klaus Zumwinkel, is becoming apparent just as foreign criminals are also using the Liechtenstein system for their base motives. This affair proves that the Liechtenstein financial sector does not take the possible regulations for suspicious money reports or “know your customer” rules too […]

The case of Mario Staggl

As the owner of the Vaduz High Society Bar Esquire, Mario Staggl was connected, not just within the fiduciary sector, but with the who-is-who of influential people in Liechtenstein and Switzerland as well. Without question, he is one of the most dazzling personalities among Liechtenstein trustees. But how could a trustee afford such a luxury […]

Is Liechtenstein threatened by an exodus of foundations?

“Settlors’ rights of intervention would only be half-heartedly observed, beneficiaries would be given meaningless information, and individual family lines would be favored for no reason. Foundations would even continue without beneficiaries, which essentially only provide income to foundation organs and advisors. Sub-optimal investment of assets also occurs. And even the courts would sometimes give cause […]