Controversial Recovery Plan from Three Arrows Capital Leaves Liquidators Fuming

Controversial Recovery Plan from Three Arrows Capital Leaves Liquidators Fuming


Co-founders of 3AC present ‘shadow recovery plan’ from Bali

In a recent development, the co-founders of 3AC have put forward a unique ‘shadow recovery plan’ while enjoying their time in Bali. However, this proposal has not received a positive response from the liquidators.

Key Points:

  • The co-founders of 3AC have devised a ‘shadow recovery plan’ during their stay in Bali.
  • This plan aims to address the current challenges faced by the company.
  • However, the liquidators have expressed their dissatisfaction with this proposal.
  • The ‘shadow recovery plan’ suggests alternative approaches to handle the situation.
  • It remains to be seen whether the co-founders will reconsider their strategy or come up with a revised plan.

Hot Take:

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The co-founders of 3AC have taken an unconventional approach by formulating a ‘shadow recovery plan’ while enjoying their time in Bali. While their intentions may be noble, it is crucial to consider the expertise and guidance of the liquidators who have the necessary experience in dealing with such situations. The company should focus on a collaborative effort that involves all stakeholders to ensure a successful recovery.

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