One of the structures often encountered by insolvency
practitioners who reside and practice in jurisdictions outside of
the United States, and those who act for them, are hedge funds.
Given the proximity of the Caribbean to the United States (and
specifically those jurisdictions that are recognized international
financial centers such as the Cayman Islands, the British Virgin
Islands and Bermuda; anecdotally referred to as
'offshore'), and the specialization in those jurisdictions
in the provision of certain financial services and products to the
US market (for example hedge funds registered offshore), it is no
surprise that when things go wrong, legal advisors and other
professionals are often called upon to look back as to what may be
available in the US. This especially applies when assessing what
assets or information may exist in the US and what options are
available to investigators to retrieve or collect them. This is
certainly the case with offshore hedge funds,
