Press release
Share this article

Notice of Application to Appoint Joint Liquidators of Bybit Fintech Limited

Agon Litigation logo
Paid for by Agon LitigationAug 19, 2024
This paid press release is provided by Agon Litigation and was not written by CoinDesk. CoinDesk does not endorse and is not responsible or liable for this content.

THE EASTERN CARIBBEAN SUPREME COURT

IN THE HIGH COURT OF JUSTICE

VIRGIN ISLANDS

(Commercial Division)

CLAIM NO: BVIHCOM2024/0303

IN THE MATTER OF THE INSOLVENCY ACT 2003

IN THE MATTER OF THE INSOLVENCY RULES 2005

B E T W E E N:

JEONGMIN HWANG

Applicant

-and-

BYBIT FINTECH LIMITED

Respondent

Re: BYBIT FINTECH LIMITED

NOTICE is hereby given that an application to appoint Mr Wesley Edwards of Alvarez & Marsal (BVI) Limited with registered office at 2ndFloor, Palm Grove House, P.O. Box 3340,

Road Town, Tortola, British Virgin Islands and Mr Barry Lynch of Alvarez & Marsal Cayman Islands Limited, 2nd Floor Flagship Building, 142 Seafarers Way, P.O. Box 2507, George Town, Grand Cayman, KY1-1104, Cayman Islands as Joint Liquidators over BYBIT FINTECH LIMITED, a Company with its registered office formerly at 4thFloor, Banco Popular Building, Road Town, Tortola, VG1110, British Virgin Islands was filed in the Commercial Division of the High Court of Justice on 25 June 2024 on behalf of the Applicant, JEONGMIN HWANG, c/o Agon Litigation, Sea Meadow House 4/F, Road Town, Tortola, VG1110, British Virgin Islands, attention Brian Child. The application will be heard in the Eastern Caribbean Supreme Court, Commercial Division, Road Town, Tortola, Territory of the Virgin Islands on 23 September 2024 at a time to be specified in the final Commercial Court list.

Any person intending to appear on the hearing of the application (whether to support or to oppose it) must give notice of their intention to do so to the Applicant or to his legal practitioners in accordance with Rule 162(1) and (2) of the Insolvency Rules 2005 by 4:00 pm on Friday, 20 September 2024.

The Applicant’s legal practitioners are Agon Litigation, Sea Meadow House 4/F, Road Town, Tortola, VG1110, British Virgin Islands. Correspondence should be marked for the attention of Brian Child.

Dated this 19 day of August 2024

Agon Litigation

Legal Practitioners for the Applicant