The lawyers representing Three Arrows Capital (3AC) founders have called the court filing disappointing and have accused the creditors of baiting their clients.
After a brief hiatus across social media channels, 3AC co-founder Zhu Su tweeted that their “good faith” to cooperate with liquidators of the hedge fund was “met with baiting.”snapshots of emails sent by Advocatus Legal LLP, the Singapore-based law firm acting on behalf of the fund’s founders, which mentioned that they will take necessary steps to seek the appropriate sanctions.
Advocatus Legal LLP also said that their clients have been working under a lot of time pressure and would not proceed with a call that was scheduled for today, given the recent turn of events.
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