A court in the BVI recently ordered the crypto-focused hedge fund into liquidation following a high-profile notice of default - its failure to repay creditors amid a broad decline in cryptocurrency markets.
A court in the BVI recently ordered the crypto-focused hedge fund into liquidation following a high-profile notice of default – its failure to repay creditors amid a broad decline in cryptocurrency markets.
Callum McNeil, Partner at Sterlington British Virgin Islands, remarks, “The snowball effect of Three Arrows Capital’s BVI court-ordered liquidation in insolvency will only continue to grow, unfortunately. This week we have already seen substantial Three Arrows Capital creditor Voyager file for Chapter 11 protection in the US Bankruptcy Court. Sterlington’s expertise and insight into matters concerning crypto along with our offshore presence in the BVI set us in a unique position to help companies navigate strategies for these kinds of matters.”
Callum has been exclusively practicing BVI law for the past ten years and focuses on Commercial Litigation and Insolvency matters in the BVI, often with cross-border elements. He is a highly experienced litigator and regularly appears as Counsel before the Courts of the BVI in corporate shareholder disputes, contentious investment fund and trust disputes, and cross-border insolvency matters.
About Sterlington PLLC
Sterlington PLLC is an international virtual law firm with leading capabilities in sophisticated transactional and litigation work and legal operations outsourcing. With deep experience and specialized skills across multiple practices and industries, our team helps clients around the world achieve their business goals.
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