Sterlington British Virgin Islands is acting for creditors in the insolvent liquidation of Three Arrows Capital Ltd.
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.
Recent News
& Insights
What will the law firm of the future look like?
Time travellers from 100 years ago would find the modern law firm a curious beast: On the one hand, litigators spend their days preparing pleadings and giving oral argument in court; transactional lawyers spend their days preparing and reviewing contracts, deeds and agreements. Lawyers in 2023 do pretty much the same thing. On the other hand, the way in which that work is carried out is radically different. Law firms are increasingly diverse, and no longer the sole province of the most privileged in society. And instead of doing everything by hand, or dictating to clerical staff, lawyers are expected to be adept with a range of different tech tools.
Sterlington Welcomes Todd McClelland as Partner in Data Privacy, AI and Litigation practices
Sterlington, an international law firm, is pleased to announce the appointment of Todd McClelland as a Partner in Sterlington’s Cybersecurity, Data Privacy, AI and Litigation practices. As a recognized leader in cybersecurity and data privacy, Todd’s expertise will strengthen Sterlington’s capabilities in these strategic areas of focus for the firm.
What Is an NDA? Everything About Outsourcing NDAs
Interested in learning more about non-disclosure agreements? Explore our comprehensive guide to NDAs and why outsourcing your NDAs is the ideal option