They cited litigation that succeeded in transferring control of a Brockman family charitable trust, worth billions of dollars, from Bermuda to the Cayman Islands, “where a U.S. judgment for taxes may be unenforceable.”
The filings also give new insights into Brockman’s investments, which prosecutors say included stakes in approximately 11 Vista Equity Partners funds between 2000 and 2018. Vista founder Robert Smith avoided prosecution by admitting tax crimes, paying $139 million, and cooperating with the government against Brockman.
The case is Robert T. Brockman v. United States of America, 22-cv-202, U.S. District Court, Southern District of Texas (Houston).
This article was provided by Bloomberg News.