Offshore - Withers

Offshore... delivering excellenceWork Highlights• Representing the Joint Liquidators of Kingate GlobalFund Limited and Kingate Euro Fund Limited. TheseFunds were some of the largest institutional investorsinto the fraudulent ponzi scheme run by Bernard LMadoff Investment Securities LLC. The funds sufferedhuge losses in excess of US$1 billion.• Advice regarding applications for interim relief topreserve and recover fraudulent or stolen assets. Thisincludes advice on freezing, Norwich Pharmacal andreceivership orders.• Representing a hedge fund administrator in defence oftwo multi million dollar claims relating to breach of dutybrought by the liquidator and investing shareholdersin a fraudulent hedge fund.• Representing a client in defence of a multi milliondollar claim for restitution brought by the liquidator ofFairfield Sentry Ltd, the largest institutional investorinto Bernard L Madoff Investment Securities LLC.• Advising a mutual fund in connection with a largebreach of contract and negligence claim in the BVICommercial Court against a corporate administratorarising out of the 2008 financial crisis.BVI key contactJon Wall – partnerBritish Virgin Islands office(Litigation, Arbitration and Insolvency)t: +1 284 494 4949e: jon.wall@withersworldwide.comNovember 2011PO Box 145, Little Denmark 3rd FloorRoad Town, TortolaBritish Virgin Islandst: +1 284 494 4949f: +1 284 494 4947© Withers LLP www.withersworldwide.comLondon New York BVI Geneva Greenwich CT Hong Kong Milan New Haven Zurich