Legal experts meet restructuring challenges

BVI legal firms have been supporting hedge funds as they seek ways to solve structural problems. Although massive closures have been avoided, many are braced for a wave of litigation in the second half of the year.

coral-reef-fingers-waving-in-blue-sea

British Virgin Islands (BVI) law firms have been heavily involved in advising hedge funds hit by the rapid decline in market conditions and investor sentiment. The fallout from the Bernard Madoff fraud is also being keenly felt in the jurisdiction. Litigation specialists expect a spate of lawsuits in the second half of the year.

For now hedge fund restructuring work dominates. The need to restructure stems from the liquidity mismatch inherent in many hedge funds. The classic example is a fund

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here