Regional news: Virgin Islands, British

Baker & Partners grows its BVI office

A former Bedell Cristin partner who was British Virgin Islands counsel to crypto hedge fund Three Arrows Capital in the run up to its multibillion-dollar liquidation, has joined Baker & Partners after four years at her former firm.

23 November 2023

Baker & Partners brings in new partner to grow BVI offering

A cross-border civil fraud and asset-recovery specialist has joined Baker & Partners in the British Virgin Islands, after working for the firm as a consultant for two months.

20 September 2023

JOLs appointed over Cayman fund after two-year battle with fund manager

Kroll’s Cosimo Borrelli and Mitchell Mansfield have been confirmed as joint official liquidators of Global Fixed Income Fund, after a Cayman judge rejected objections from shareholders that they were biased towards a minority stakeholder – Taiwanese “ultra-high net worth individual” Bruno Wang.

01 September 2023

BVI court rejects Cayman Shinsun precedent

A British Virgin Islands judge has found that the ultimate beneficial owner of New York law-governed notes issued by a Chinese property developer has standing to present a winding up petition against it as a contingent creditor, declining to follow the recent Shinsun decision from the Cayman Islands.

09 August 2023

Appleby hires London partner with Hellas credit

A London partner with a focus on contentious insolvency has joined Appleby to assist its clients in Europe and the Middle East with disputes in the British Virgin Islands and elsewhere.

02 August 2023

Interpath directors appointed over Three Arrows Capital feeder fund

A feeder fund of bankrupt crypto hedge fund Three Arrows Capital has collapsed in the British Virgin Islands and appointed directors from Interpath Advisory as joint liquidators.

03 February 2023

3AC’s liquidators seek Cayman recognition, secure protocol in Singapore

The British Virgin Islands joint liquidators of cryptocurrency hedge fund Three Arrows Capital have sought recognition of their appointments in the Cayman Islands, as a Singapore court ratified a protocol that lays out guidelines for cooperation between the BVI, Singapore and US courts overseeing the fund’s insolvency proceedings.

24 November 2022

Just and equitable winding up: an underutilised remedy for aggrieved shareholders?

Harneys partner Peter Ferrer and associate Megan Elms consider why the remedy of just and equitable winding up has been used sparingly by aggrieved shareholders in the British Virgin Islands and England and Wales, but highlight recent decisions that show why it remains an important tool that may be used more liberally by the courts going forward.

01 August 2022

Quantuma expands into the British Virgin Islands with new hire

Business advisory firm Quantuma has continued its international expansion with the launch of a new office in the British Virgin Islands and the hire of former Kalo senior manager Toni Shukla.

06 April 2022

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